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![]() Montreal (AFP) Oct 20, 2012 A top Canadian official said his country is not satisfied with the $5.3 billion bid by Malaysian state energy firm Petronas to buy the Canadian gas producer Progress Energy Resources. "I can confirm that I have sent a notice letter to Petronas indicating that I am not satisfied that the proposed investment is likely to be of net benefit to Canada," Industry Minister Christian Paradis said in a statement Friday. The two energy companies signed a deal in June for the purchase, saying it was aimed ... read more |
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![]() Bad weather stops south Iraq oil exports Oil exports through Iraq's southern oil terminals, through which the vast majority of the country's crude exports flow, have been suspended due to bad weather, an official said on Sunday. ... more | .. |
![]() Beneficial Mold Packaged in Bioplastic Aflatoxins are highly toxic carcinogens produced by several species of Aspergillus fungi. But not all Aspergillus produce aflatoxin. Some, in fact, are considered beneficial. One such strain, dubbed ... more | .. |
![]() Alberta to monitor oil sands The Canadian province of Alberta said it will create an "arm's-length" agency to monitor the long-term environmental impact of oil sands development. ... 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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![]() Outside View: AA restructuring It's been nearly one year since American Airlines announced reluctantly that it could no longer avoid the inevitable. Like the many airlines before it, American would have to adapt to a new airline environment in which restructuring, internal and external realignment became paramount if an airline was to be in the conversation about tomorrow's survivors. ... more | .. |
![]() Cleaner fracking The technology that opened a wealth of new natural gas resources in the U.S. is producing millions of gallons of dirty water - enough from one typical gas well to cover a football field to a depth o ... more | .. |
![]() China to test driverless cars for 75 miles Engineers in China say unmanned automobiles will travel from Beijing to Tianjin, a distance of 75 miles, sometime next year in a test of driverless technology. ... more | .. |
![]() Fears grow Iran will block Hormuz Strait Iran has denied a report it plans to block the strategic Strait of Hormuz with a giant oil spill. ... more |
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![]() Food vs. fuel: Is there surplus land for bioenergy? An interdisciplinary team of 11 scientists from seven European countries and the USA have discussed the concept to utilize so called surplus land for the production of feedstock for bioenergy. They ... more | .. |
![]() Nissan to build 'steer-by-wire' cars Japanese carmaker Nissan says it plans to sell cars with "steer-by-wire" technology within a year. ... more | .. |
![]() F-35A Completes First In-Flight Weapons Release An F-35A conventional takeoff and landing (CTOL) aircraft completed the first in-flight weapons release of a 2,000 pound GBU-31 BLU-109 Joint Direct Attack Munition (JDAM) from a 5th Generation figh ... more | .. |
![]() Lockheed Martin Completes F-35 Full Mission Simulator Installation at Marine Corps Air Station Yuma Lockheed Martin marked the completion of the first F-35 Lightning II Full Mission Simulators (FMS) at Marine Corps Air Station (MCAS) Ariz. The air station will be home to the first operational Mari ... more |
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![]() Australian race crew in faster-than-a-bullet bid An Australian race crew hoping to beat their British rivals to a new supersonic land-speed record of over 1,000mph launched their bid Thursday, unveiling the first parts of their rocket-powered car. ... more | .. |
![]() Iran Guards reject accusation of oil spill plan Iran's elite Revolutionary Guards on Thursday rejected reported allegations from Western intelligence sources that it plans to damage an oil tanker in the Gulf to create an environmental disaster. ... more | .. |
![]() Oil prices slip as China slowdown weighs Oil prices eased Thursday as investors digested economic data on slowing growth in China, the world's biggest energy consumer. ... more | .. |
![]() Boeing Starting Production of KC-46 Tanker Refueling Boom Boeing this week begins assembling the first refueling boom for the U.S. Air Force's next-generation aerial refueling tanker aircraft in the KC-46 Boom Assembly Center that opened Teusday at Boeing ... more |
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![]() Pitt Engineers to Design Affordable CO2 Thickener to Augment Oil Extraction Crude oil extraction could be improved significantly and accessible domestic oil reserves could be expanded with an economical CO2 thickener being developed by University of Pittsburgh engineers, th ... more | .. |
![]() Car-packed Sofia sets EU example with solar car charger Bulgaria's car-packed capital Sofia has set an EU example in the fight against greenhouse gas emissions by installing its first state-of-the-art solar-powered charger for electric cars, the project's managers said Wednesday. ... more | .. |
![]() Maliki mulls ditching Exxon for Russians Iraqi Prime Minister Nouri al-Maliki is reportedly thinking of throwing out U.S. oil giant Exxon Mobil from the giant West Qurna-1 oilfield for signing an "illegal" production deal with semiautonomous Kurdistan and bringing in Russian companies instead. ... more | .. |
![]() Iran denies sanctions hitting oil sector Iranian oil industry chief Mohammad-Ali Khatibi has denied an International Energy Agency assessment that Tehran's oil exports fell sharply last month. ... more |
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![]() Cadillac to introduce electric gas hybrid U.S. automaker Cadillac says it will introduce an electric/gasoline hybrid car similar to the Chevrolet Volt in 2012, dubbed the Cadillac ELR. ... more | .. |
![]() Toyota to halt production at China plant: reports Toyota plans to halt production next week at its biggest assembly plant in China, reports said Tuesday, with demand for Japanese cars slumping because of a bitter territorial row between Tokyo and Beijing. ... more | .. |
![]() Prestige oil spill disaster trial opens in Spain Ten years after the sinking of the Prestige oil tanker off Spain, the ship's Greek captain and three others went on trial on Tuesday over the worst oil spill in the country's history. ... more | .. |
![]() Prestige oil disaster trial starts in Spain Seamen go on trial Tuesday over the sinking of the Prestige petrol tanker which spilt a devastating oil slick when it sank off Spain in 2002, with hundreds of plaintiffs seeking billions in damages. ... more |
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![]() Two Chinese kidnapped on Cameroon-C.Africa border Two Chinese nationals working on a road project in Central African Republic were kidnapped in an attack three weeks ago on a border post along the Cameroonian frontier, a police source said Monday. ... more | .. |
![]() Poland to invest 12.5 billion euros in shale gas by 2020 Poland will invest 50 billion zlotys (15.5 billion euros) in the exploration of shale gas by 2020, Finance Minister Mikolaj Budzanowski said Saturday. ... more | .. |
![]() Volvo Cars suspends production at Swedish plant Volvo Cars, part of China's Geely group, said on Monday that production at one of its main plants would be suspended for a week due to a slowdown in the European auto market. ... more | .. |
![]() Sinopec, ENN drop $2.2 bn offer for China Gas China's Sinopec and ENN Energy Holdings said Monday they have dropped a $2.2 billion offer for China Gas Holdings, the first hostile bid by a state-owned Chinese business for a private firm. ... more |
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![]() Iran develops plans for deliberate Gulf oil spill: report Iran's elite Revolutionary Guards have developed plans to damage an oil tanker in the Gulf to create an environmental disaster, German magazine Spiegel reported on Sunday. ... more | .. |
![]() Chile deploys Israel's RecceLite system Chile's air force command has deployed the Israeli-made RecceLite reconnaissance system but the government of President Sebastian Pinera has yet to formally announce the acquisition. ... more | .. |
![]() Quickstep moves on Hercules order Australian composite manufacturer Quickstep said it firmed up its order with Lockheed Martin for 24 sets of carbon-fiber wing flaps for the C-130J Hercules transport aircraft. ... more | .. |
![]() China goes after big stake in Iraq's oil Chinese oil companies are showing a growing interest in Iraq's oil industry, which the International Energy Agency expects to more than double production by the end of the decade to 6.1 million barrels per day. ... more |
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