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BP must pay part of rig owner's eventual Gulf costsChicago (AFP) Jan 26, 2012 British oil giant BP must cover some of the eventual claims against rig owner Transocean arising from the Gulf of Mexico oil spill, a US judge ruled Thursday, with any bill set to run into billions of dollars. The mixed ruling found BP must indemnify the Swiss drilling rig operator from "compensatory damages" related to the 2010 spill even if the pollution and its impacts are the result of Transocean's "gross negligence." But BP does not need to cover any punitive damages or civil penalties that ... read more |
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  Spain cuts subsidies for clean energy Spain is cutting subsidies for clean energy production, a sector in which it has become a leader in Europe, as part of a wave of crisis spending cuts, the government said on Friday. ... more | .. |
  'We care about every worker': Apple CEO Apple chief executive Tim Cook has responded to media reports alleging harsh working conditions in China for manufacturing employees of the popular gadget-maker. ... more | .. |
  Mexican electricity output tied to growth Mexico needs to generate more electricity to meet the needs of its burgeoning population and developing industries but that seems increasingly tied to the prospect of future economic growth, latest data indicated. ... more | .. |
 Netflix gains subscribers, shares surge Russia to double Azerbaijan gas imports Libya boosts oil output but dangers lurk Argentine government, importers on warpath India fails to meet electricity targets China increases stake in Australia LNG Falklands oil quest draws U.S. investor |
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  Davos doubts center on EU, world economy High-powered talks at the World Economic Forum in the scenic Swiss resort of Davos have failed to dispel anxieties and gloom over the future of global economy and immediate and pressing concerns in Europe over the fate of the EU and the eurozone. ... more | .. |
 Puerto Rico's pipeline plans on track? Puerto Rico's proposed natural gas pipeline is facing increased opposition. ... more | .. |
 Backer: EU energy proposal has safeguards Brussels' push to insert itself into energy deals between member states and non-EU countries will have confidentiality safeguards, a parliamentary backer says. ... more | .. |
 Venezuela ditching World Bank arbitration Venezuela is ditching the World Bank's arbitration court in a bid to avoid facing multimillion-dollar compensation claims from foreign companies nationalized by President Hugo Chavez over more than a decade. ... more |
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 Flood survivors rebuild in Philippine danger zones Pros and cons of U.K. climate change eyed Iraq water crisis could stir ethnic clash Barclays tops roll of shame at Davos Troubled Global AIDS fund shifts focus ten years on Five dead in southeast Europe snowstorms Drone discovers 'river of blood' in Texas Arabia saw first humans out of Africa Lebanon activists fight to curb animal trafficking, abuse Protesters offer to return PM's shoe N.Z. quake bill to approach $25 bn: central bank Five Japan committees keep no disaster records Another Tibetan shot dead by China police: rights groups New AU headquarters marks strong China-Africa ties | .. |
 Rio summit must yield new model: Brazil minister The upcoming Rio summit on sustainable development must yield a new model to tackle the planet's economic, environmental and ethical crises, according to Brazilian Environment Minister Izabella Teixeira. ... more | .. |
  Twitter faces censorship charges, blackout call Twitter, championed as a tool of free expression during the Arab Spring, was facing censorship charges on Friday after announcing it can now block tweets on a country-by-country basis if legally required to do so. ... more | .. |
 Total says Iran tensions won't have big oil price impact Geopolitical tensions over Iran should not have a major impact on oil prices, the head of French oil major Total said Friday, adding that it was not in Tehran's interest to close the Strait of Hormuz. ... more | .. |
  Stanford aero-engineers debut open-source fluid dynamics design application Each fall at technical universities across the world, a new crop of aeronautical and astronautical engineering graduate students settle in for the work that will consume them for the next several ye ... more |
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 Wind and Solar Farms Tackle the Vicissitudes of Weather Grand Ridge, Illinois, population 550, is a small village in the Corn Belt flatlands stretching south and west of Chicago. The weather in Grand Ridge swings just outside of the American average. ... more | .. |
 Dominion and Lockheed Martin Announce Grid Side Energy Efficiency Solution Dominion and Lockheed Martin has announced the availability of the EDGESM Grid Side Efficiency solution for utilities. EDGE is the first of several smart grid applications to be delivered through a ... more | .. |
 White roofs to make for cooler Melbourne buildings New research launched by the University of Melbourne and the City of Melbourne will give buildings owners across Melbourne access to information that can help their buildings absorb less heat and st ... more | .. |
 Pythagoras Solar Turns Organic Valley HQ into Energy Generating Asset Pythagoras Solar has announced the completion of its industry leading solar window project at the Organic Valley headquarters in La Farge, Wisconsin. Organic Valley, the nation's largest cooperative ... more |
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 Romney sees launchers fueled by private enterprise Bus-sized asteroid shaves by Earth First US chief technology officer stepping down Russia to postpone next manned space launches Moon looms bright over Republican debate Rocket Man: Gingrich peddles space dreams in Florida JPL begins widespread adoption of Maplesoft technology Classifying Solar Eruptions ESA Director General praises UK space innovation Lockheed Martin-Built GPS Satellites Reach 150 Years of Combined On Orbit Service NASA's NuSTAR Ships to Vandenberg for March 14 Launch Robot competition in zero-gravity MT Aerospace wins contract for operation and maintenance of launch facilities' mechanical systems The Lake Lander's New Home | .. |
 Soltecture Connects with altPOWER Soltecture produces not only high efficiency thin-film modules but also ready-to-install systems, which can be easily applied to building facades and rooftops. Forming a relationship with altP ... more | .. |
  World's most powerful X-ray laser creates 2-million-degree matter Researchers working at the U.S. Department of Energy's (DOE) SLAC National Accelerator Laboratory have used the world's most powerful X-ray laser to create and probe a 2-million-degree piece of matt ... more | .. |
  Sandia chemists find new material to remove radioactive gas from spent nuclear fuel Research by a team of Sandia chemists could impact worldwide efforts to produce clean, safe nuclear energy and reduce radioactive waste. The Sandia researchers have used metal-organic framewor ... more | .. |
 Angry South Sudan shuts down 900 oil wells South Sudan, born six months ago, says it's shutting down more than 900 oil wells after accusing its former masters in Khartoum of stealing its oil piped north for export. ... more |
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 LA's solar power ranks second in Calif. Los Angeles has come in second in a survey of California cities for the amount of solar installations and solar electricity generated, a report says. ... more | .. |
 China's reality lost in translation, Davos told The West has a skewed view of China which Beijing has to fix if it wants a better reception when it goes shopping abroad, business and political leaders said at the Davos forum Thursday. ... more | .. |
  First Chinese auto plant in Europe to open Feb 21 Chinese automaker Great Wall Motor will open on February 21 a plant in Bulgaria, producing the first Chinese cars assembled in Europe, its local partner Litex Motors said Thursday. ... more | .. |
 US unveils offshore oil, gas plan in energy push The United States announced Thursday that it intends to auction off a giant part of the central Gulf of Mexico for oil and gas exploration, in a move to reinvigorate government energy policy. ... more |
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 Emirates 'has security links with Israel' Iran: New negotiations on way? Thales Australia and Steyr to work closer US seeks greater military ties with China US concerned about fate of Uighurs in China Rockets hit Pakistan academy near bin Laden home US says French pullout from Afghanistan coordinated US officials set N. Korea talks in Moscow, Seoul Suicide car bomb outside Baghdad hospital kills 31 Philippines flags greater US military presence Expectations low for IAEA visit to Iran Ahmadinejad says ready for talks, blasts sanctions WikiLeaks scandal sparks US intelligence reform Mali blames Qaeda as rebels launch new attacks | .. |
 Areva order book increases despite Fukushima disaster French nuclear energy giant Areva said Thursday its order book increased by 3.1 percent last year to 45.6 billion euros ($59.8 billion) despite Fukushima nuclear disaster hitting sales. ... more | .. |
 US new-home sales suffer worst year Sales of new homes in the United States skidded in December, bringing to a close the worst year on record, the Commerce Department reported Thursday. ... more | .. |
 Android grabs more tablet market share: survey Tablet computers powered by Google's Android software are increasing their global market share but Apple's iPad still dominates the category, a research firm said Thursday. ... more | .. |
 Canada basks in role as global special effects hub Canada's westernmost province of British Columbia, one of the top regions for filmmaking outside of Hollywood, is rapidly gaining prominence as a world leader in animation and special effects. ... more |
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 Mexico activists slam planned mine near nuclear plant Mexican environmental activists on Wednesday slammed the alleged threat from a Canadian gold mining project that would lie only two miles (three kilometers) from a nuclear power plant. ... more | .. |
 Two Megaupload accused granted bail in New Zealand Two of Kim Dotcom's co-accused were granted bail in New Zealand Thursday, a day after the Megaupload boss was ordered to remain behind bars pending US attempts to extradite him for copyright piracy. ... more | .. |
 China increases stake in Australia LNG Chinese oil giant Sinopec has finalized a $1.1 billion deal to increase supply and raise its equity in the Australia-Pacific LNG project in Queensland. ... more | .. |
 Netflix gains subscribers, shares surge Netflix shares surged in after-hours trading Wednesday after the US video service announced earnings better than expected by analysts and that it gained subscribers in the fourth quarter. ... more |
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