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![]() Manila (AFP) July 31, 2012 The Philippines will offer three oil and gas exploration contracts in the disputed South China Sea later Tuesday, including two in areas claimed by China, an official said. All three blocs off the coast of the western Philippine island of Palawan are part of Philippine territory, energy undersecretary Jose Layug said, dismissing China's territorial claims. Tensions between the Philippines and China over the South China Sea have been running high due to disputes over the Reed Bank and the Spr ... read more |
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![]() US imposes new sanctions on Iran oil sector US President Barack Obama on Tuesday imposed new economic sanctions on Iran's oil export sector and on a pair of Chinese and Iraqi banks accused of doing business with Tehran. ... more | .. |
![]() French Total signs Iraqi Kurdistan oil deal French energy giant Total said on Tuesday it has signed an oil exploration deal for areas in the Kurdistan region of northern Iraq, putting it on a collision course with the central government in Baghdad. ... more | .. |
![]() US challenges EU with rival airline tax talks The United States will this week host a meeting of some 16 nations opposed to a controversial EU carbon tax on airlines, aiming to draw up an alternative plan, a US official said Monday. ... more | .. |
Amazon takes on iPad with new Kindle Fire tablet Hong Kong to restrict foreign homebuyers from 2013 US judge OKs partial settlement in e-book case Nordic-Baltic states seek more cooperation Outside View: Jobs outlook grim Empire-style computers? Frenchman takes PCs to lap of luxury Google-Microsoft field smartphones to take on iPhone 5 EU businesses urge China's new leaders to speed reforms |
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![]() BP plunges into net loss on huge $5.0-bn writedown British energy giant BP said Tuesday that it plunged into a second-quarter net loss, hit by lower output, falling oil prices and a near $5.0-billion (4.1-billion-euro) writedown on the value of assets. ... more | .. |
![]() Philippines hits out at Cambodia in China row The Philippines said Tuesday it had summoned Cambodia's ambassador to explain comments he made accusing it and Vietnam of playing "dirty politics" in trying to solve a maritime row with China. ... more | .. |
![]() Honda quarterly profit jumps fourfold to $1.7 bn Honda Motor said Tuesday its net profit surged more than fourfold to $1.7 billion for the three months to June, underscoring a recovery from the impact of last year's quake-tsunami disasters. ... more | .. |
![]() German National Academy of Sciences issues a critical statement on the use of bioenergy In a statement on the chances and limits of using bioenergy, the German National Academy of Sciences Leopoldina has come to the conclusion that in quantitative terms, bioenergy plays a minor role in ... more |
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![]() Darker wings for monarch butterflies mean better flight For monarch butterflies, redder wings are correlated with better flight performance, according to research published July 25 in the open access journal PLoS ONE. Previous work has shown that m ... more | .. |
![]() US challenges EU with rival airline tax talks The United States will this week host a meeting of some 16 nations opposed to a controversial EU carbon tax on airlines, aiming to draw up an alternative plan, a US official said Monday. ... more | .. |
![]() US regulators claim insider trading in Nexen deal US regulators have secured a court order to freeze assets of traders accused of seeking more than $13 million through illegal trades ahead of China-based CNOOC's public bid for Canadian oil firm Nexen Inc. ... more | .. |
![]() Pipeline grid to bypass Hormuz vulnerable The United Arab Emirates and Saudi Arabia have developed a pipeline network across the Arabian Peninsula to bypass the strategic Strait of Hormuz, a key oil artery that Iran threatens to close. But this could still be vulnerable to sabotage. ... more |
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![]() China appoints officers to South China Sea garrison China has appointed military officers at a newly-established garrison in the South China Sea, state media reported Friday, the country's latest step to bolster claims to disputed islands in the area. ... more | .. |
![]() Hackers could haunt global air traffic control: researcher Air traffic control software used around the world could be exploited by hackers to unleash squadrons of ghost planes to befuddle those entrusted to keep the skies safe, a security researcher said Thursday. ... more | .. |
![]() Chevron damages bill in Ecuador rises to $19 bn Chevron has been ordered to pay more than $19 billion in environmental damages, $1 billion more than originally decided, after an Ecuadoran court adjusted the amount on appeal, a source said Thursday. ... more | .. |
![]() South China Sea: a decades-long source of tension Rival claims to the South China Sea have for decades been a source of tension in the region. Below are key facts on the sea and the competing claims: ... more |
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![]() Author of US fracking study had gas industry ties: watchdog A university study that claimed fracking for gas deep beneath the Earth's surface did not cause water contamination was led by a US professor with financial ties to the gas industry, a watchdog group said Friday. ... more | .. |
![]() Clemson researchers transform machine to make runways safer Clemson researchers redesigned and modified a mobile drill press to retrofit a section of a runway that halts overrun aircraft, ultimately minimizing aircraft damage and passenger injury. The proces ... more | .. |
![]() Nissan's profit down 15% on strong yen, Europe woe Nissan on Thursday posted a 15 percent drop in quarterly profit as a strong yen and weak European market dented earnings, but Japan's second-biggest automaker said its full-year forecast was on track. ... more | .. |
![]() Argentina condemns British missile exercise in Falklands Argentina has accused Britain of mounting a show of force in the Falkland Islands with a military exercise that includes missile launches in the disputed South Atlantic archipelago. ... more |
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![]() DRC oil 'fans flames of civil war' Recent oil strikes in the Democratic Republic of Congo have raised fears they will exacerbate the resource-driven war that's been raging in the mineral-rich eastern sector of the African state for nearly two decades. ... more | .. |
![]() U.S, Australian navies focus on new fuels The Australian navy has signed an agreement with the U.S. Navy to explore the increased use of environmentally friendly fuels such as blended biofuels. ... more | .. |
![]() Why Some Types Of Multitasking Are More Dangerous Than Others In a new study that has implications for distracted drivers, researchers found that people are better at juggling some types of multitasking than they are at others. Trying to do two visual tasks at ... more | .. |
![]() China eyes Canada for oil deals Major Chinese oil companies are seizing opportunities to secure strategic overseas assets, reflected by recent Canadian acquisitions. ... more |
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![]() Hungary, Azerbaijan seek joint projects The time is ripe for more cooperation between Hungary and Azerbaijan on energy projects, Hungarian Foreign Affairs Secretary Peter Szijjarto said this week. ... more | .. |
![]() Hong Kong billionaire to buy UK gas company A consortium led by Asia's richest man Li Ka-shing agreed Wednesday to acquire a British gas distribution company for Pounds 645 million ($1 billion), the companies said. ... more | .. |
![]() EU should scrap airline emissions tax: IATA The European Union should scrap a controversial carbon tax on air travel and seek a global solution to the emissions problem, the global aviation industry's chief said on Wednesday. ... more | .. |
![]() Vietnam, Philippines slam China garrison plan Vietnam and the Philippines on Tuesday lashed out at China's moves to establish a military garrison in the South China Sea, amid escalating tensions in the disputed waters. ... more |
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![]() Singapore Airlines first quarter net profit up 73% Singapore Airlines' first quarter net profit soared 73 percent from last year, it said Wednesday, partly driven by higher passenger traffic. ... more | .. |
![]() Strategies to improve renewable energy feedstocks To enable greater reliance on renewable biomass resources for power generation, combination approaches such as co-firing of high percentages of biomass with coal offer unique advantages, but also si ... more | .. |
![]() International F-35 Fleet Begins Build Up At Eglin AFB ZM135, a British F-35B and the first international Lockheed Martin Lightning II, takes off from Naval Air Station Fort Worth Joint Reserve Base at 9:03 a.m. CDT en route for Eglin Air Force Base, Fl ... more | .. |
![]() European hybrid helicopter finishes US tour European helicopter manufacturer Eurocopter's super-fast new X3 model on Monday completed a promotional tour of the United States, the largest military and civilian market in the world. ... more |
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