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![]() Beijing, China (SPX) Sep 10, 2012 Boeing is projecting China will need 5,260 new commercial airplanes valued at $670 billion over the next 20 years. China is forecast to be the second largest market for new commercial airplanes. "It's impressive that over 75 percent of the demand in China will be for growth instead of replacement," said Randy Tinseth, Boeing Commercial Airplanes vice president of Marketing. "Sustained strong economic growth, growing trade activities and increasing personal wealth are some of the driving forc ... read more |
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![]() Albatross 'dynamic soaring' achieved by repeated curve-altitude oscillation Albatrosses leverage the energy of the wind to fly with essentially no mechanical cost to themselves, very rarely flapping their wings, and new work published in the open access journal PLOS ONE off ... more | .. |
![]() Nigeria has former militants guarding oil Nigeria has hired former militants to provide pipeline security in the country's troubled Niger delta. ... more | .. |
![]() Nationalized YPF draws Russian investor Argentina's nationalized YPF energy company is pursuing talks with Russia's Gazprom to forge a partnership and secure needed cash investment in the company. ... 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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![]() S.Africa lifts freeze on shale gas exploration South Africa on Friday said it was lifting a freeze on shale gas exploration in a move condemned by environmentalists who fear that controversial fracking will pollute scarce water sources. ... more | .. |
![]() Chinese firm to entice Air France pilots to head to Asia Air France pilots are to meet Monday with a Chinese company hoping to recruit them to Asia, union officials said, as the French airline tries to shed staff to regain competitiveness. ... more | .. |
![]() Volkswagen to recall 7,500 cars in China: watchdog Shanghai Volkswagen will recall 7,544 vehicles whose flawed design could cause drivers to lose steering control, China's quality watchdog said on its website on Friday. ... more | .. |
![]() Ugandan govt. releases oil exploration map Uganda's Ministry of Energy and Mineral Development has released an oil exploration draft map. ... more |
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![]() The Real Cause of High Oil Prices - An Interview with James Hamilton Nowadays the energy picture is confusing at best as the more information we are shown the more blurred our vision seems to become. Mixed messages, poor reporting and a media hungry to sensationalize ... more | .. |
![]() TransCanada submits new US route for Keystone pipeline Pipeline operator TransCanada on Wednesday offered to re-route its planned Keystone XL pipe to avoid environmentally sensitive areas as it carries oil from Canada's tar sands to US refineries. ... more | .. |
![]() GM says China sales grow despite slowdown General Motors' sales in China hit a record 220,996 vehicles in August, the US auto giant said Wednesday, despite an economic slowdown in the country with the world's largest car market. ... more | .. |
![]() 'Sideways' aircraft for supersonic speed? An aircraft that could pivot 90 degrees in midair after takeoff to reach supersonic speeds has been given $100,000 in NASA funding, its research team says. ... more |
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![]() Nigerian oil output slumps Nigeria's oil production has fallen below government projections. ... more | .. |
![]() EU renews push for trans-Caspian pipeline The European Union this week restarted negotiations with Turkmenistan and Azerbaijan on the possibility of an undersea trans-Caspian natural gas pipeline. ... more | .. |
![]() Oil prices advance on China, Europe stimulus hopes Global crude oil prices rose Tuesday as weak manufacturing numbers from Europe and China lifted hopes of fresh central bank stimulus measures, analysts said. ... more | .. |
![]() Iran is 'only power' that can secure Gulf: commander Iran is the "only power" that can secure the oil-rich Gulf, a Revolutionary Guards commander said on Tuesday, adding that the reinforced US navy presence in the waterway was causing regional instability. ... more |
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![]() US auto sales jump 20 percent in August US auto sales jumped 20 percent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data showed Tuesday. ... more | .. |
![]() Iran has 'problems' selling oil: Ahmadinejad Iran has "problems" exporting its oil, President Mahmoud Ahmadinejad admitted on Tuesday, but he said his government was determined to overcome that and other challenges posed by Western economic sanctions. ... more | .. |
![]() Philippines hails Clinton remarks on South China Sea Philippine officials praised US Secretary of State Hillary Clinton's call for a peaceful resolution of territorial disputes in the South China Sea, saying Tuesday she had bolstered Manila's stance. ... more | .. |
![]() Barclays Capital bullish on Israeli natgas Israel has long been a major importer of energy supplies, including oil and natural gas, but recent discoveries have drawn positive outlook for the Israeli energy sector. ... more |
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![]() Fire points to Venezuela oil industry woes Venezuela's biggest oil refinery remained closed Friday after firefighters put out a fire that raged for more three days following an explosion that killed at least 48 people, left dozens wounded and hundreds homeless. ... more | .. |
![]() Shell's arctic plans get limited go-ahead The U.S. Interior Department has granted Shell permission to start limited drilling in the Chukchi Sea off Alaska's coast. ... more | .. |
![]() Nigerian community urges action on oil devastation Nigerians from a region devastated by oil spills on Monday called on the president to take action, more than a year after a UN report said the contamination may require the world's biggest cleanup. ... more | .. |
![]() Waste cooking oil makes bioplastics cheaper 'Bioplastics' that are naturally synthesized by microbes could be made commercially viable by using waste cooking oil as a starting material. This would reduce environmental contamination and also g ... more |
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![]() Oil market steady amid weak Chinese data Global oil prices held steady on Monday as traders worried that contracting Chinese manufacturing activity could hit global demand for crude. ... more | .. |
![]() Australia buys Growler systems for Hornets Australia has confirmed it will acquire Growler electronic warfare systems for its Super Hornet aircraft through the United States Foreign Military Sales process. ... more | .. |
![]() Tokyo govt surveys disputed isles in row with China A team of Japanese surveyors Sunday sailed to a group of disputed islands in the East China Sea that the nationalistic governor of Tokyo wants to buy, with Beijing lodging a "serious protest" at the action. ... more | .. |
![]() Iraq oil exports highest in more than 30 years Iraq's oil exports reached their highest level in more than three decades last month as the country's output has continued to increase, oil ministry officials said on Saturday. ... more |
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![]() Airbus says Chinese-built planes to be sold only in China Airbus planes built in a Chinese factory will be sold only to Chinese clients, the European plane maker said Monday, although a leasing exception could see aircraft end up with foreign airlines. ... more | .. |
![]() Arrest after China flight threat: state media Police in southern China have arrested a man suspected of threatening to blow up a commercial jet, following a similar incident affecting a flight from Beijing, state press said Sunday. ... more | .. |
![]() Clinton to seek China sea unity in Indonesia US Secretary of State Hillary Clinton arrived in Indonesia Monday hoping to encourage unity among Southeast Asian nations in an effort to manage increasingly tense disputes with China. ... more | .. |
![]() New Saab cars to be rolled out in 2014 The buyers of bankrupt Swedish carmaker Saab said Monday they would launch their first model in 2014 using the Saab name, after concluding the purchase of the company for an undisclosed sum. ... more |
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