industry

GENEVA, March 4 -- The United Nations Environment Program (UNEP) and partner organizations on Wednesday unveiled a roadmap to reduce by 50 percent greenhouse gas emissions from automobiles by 2050. The so-called "50 by 50" Global Fuel Economy Initiative (GFEI), which was launched ...
HONG KONG, March 4 -- Hong Kong Environmental Protection Department is monitoring the proposed Guangdong Nansha integrated oil refinery and petrochemical project's development and its potential environmental impact on Hong Kong, a Hong Knog official said here Wednesday. Secretary ...
NEW YORK - U.S. crude oil stocks fell unexpectedly last week on higher demand from refiners while refined fuels stocks logged surprise gains, Energy Information Administration weekly data showed on Wednesday. Commercial crude oil inventories in the United States fell 700,000 ...
NEW DELHI, March 4 - India's state-run Oil and Natural Gas Corp is selling crude oil at $45 a barrel, its director for finance, D.K. Sarraf, said on Wednesday. "Current oil sales billing is at $45 a barrel and last year in the first quarter it was around $50 to $55," he told ...
HONG KONG, March 4 - Tullow Oil is the latest Africa-focused energy firm to draw Chinese takeover interest, but the $8 billion oil and gas independent, emboldened by its prospects, has snubbed potential buyers, dealmakers say. London-listed Tullow runs oil and gas projects in 23 ...
ANCHORAGE, Alaska, March 3 - Alaska Governor Sarah Palin on Tuesday unveiled a plan to encourage development of a $4 billion in-state natural gas pipeline that would precede the massive project that state officials hope will deliver North Slope natural gas to North American ...
QUITO, March 3 - Ecuador will freeze the income of 720,000 barrels of oil produced by French oil company Perenco over a debt row with the government, the head of the state oil company Petroecuador told Reuters on Tuesday. Ecuador had threatened take immediate action against ...
ANCHORAGE, Alaska, March 3 - Italian oil company Eni is delaying work on its $1.5 billion Nikaitchuq oil development on Alaska's North Slope, a decision likely due to the slump in crude prices and poor economic conditions, said an official with the Alaska Division of Oil and Gas. ...
SINGAPORE, Feb 27 - Canada's Talisman Energy will ramp up oil production at its Malaysia/Vietnam Northern fields to 40,000 barrels per day (bpd) within three months after the field starts output in end-March, a company official said on Friday. Talisman, Canada's No.3 independent ...
MUMBAI, March 2 - India's Reliance Industries said on Monday its absorption of its Reliance Petroleum unit will be tax neutral for both the entities. "This merger is not about tax benefits. As far is taxation is concerned the SEZ refinery is a separate undertaking. Both ...
FRANKFURT, Feb 25 - Germany's energy regulator on Wednesday exempted from regulation the OPAL pipeline project which would transport Russian gas arriving via the Baltic Sea, but threw out a similar request by NEL, another project. The move signifies partial support for Nord ...
ANCHORAGE, Feb 11 - Oil giant ConocoPhillips (COP.N) said on Wednesday it will cut its capital spending in Alaska by 20 percent in 2009 to $800 million due to a slump in crude prices and the economic downturn. The announcement was the biggest among a slew of investment pullbacks ...
DHAKA, Feb 11 - The amount of natural gas produced in Bangladesh by international oil companies (IOCs) has exceeded the output of domestic state-run oil firms for the first time, a senior energy official said on Wednesday. Of total daily gas production totalling nearly 1,825 ...
CALGARY, Alberta, Feb 11 - Canadian pension fund OMERS said on Wednesday it has earmarked between C$500 million and C$600 million to ($400 million to $480 million) for acquisition opportunities in Western Canada's oil and gas industry. The Ontario Municipal Employees Retirement ...
WASHINGTON - The U.S. government's top energy forecasting agency on Tuesday lowered its estimate for world oil demand in 2009 by 400,000 barrels per day, citing the slower global economy. With major economies languishing in recession, the Energy Information Administration ...
OSLO, Feb 11 - Norwegian offshore services company Fred. Olsen Energy (FOE.OL) posted a rise in fourth-quarter operating profit, meeting forecasts, and said a lower oil price and financial turmoil may revise budgets and delay projects. Earnings before interest and tax (EBIT) ...
MOSCOW - Russia, entering its first recession in a decade, can ill afford to grant major new tax breaks to its oil industry, which has avoided a freefall in production with support from the ruble currency's devaluation. As budget revenues dwindle and the economy shrinks, analysts ...
ABUDHABI, Feb. 10 -- A tanker carrying liquefied gas and a container ship collided Tuesday off the coast of Dubai, financial hub of United Arab Emirates (UAE), the official WAM news agency reported. "The accident occurred at 12:35 p.m. (0835 GMT) seven nautical miles off the ...
ANCHORAGE, Alaska, Feb 10 - The company seeking to build a massive natural gas pipeline on behalf of two of the main North Slope oil producers announced Tuesday that it has awarded a key contract for design of the project. Denali-The Alaska Gas Pipeline LLC, a company formed by ...
WELLINGTON, Feb. 13 -- Oil giant Shell was considering selling some of its businesses in New Zealand as it begins a strategic review of its assets in this country. Shell, which entered in New Zealand nearly a century ago, will move to concentrate on global oil exploration and ...
Page 983 of 1263 |< << 979 980 981 982 983 984 985 986 987 >> >|
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...