Bush administration scraps updated fuel efficiency rules
Washington (AFP) Jan 7, 2009
The outgoing Bush administration said Wednesday it was scrapping efforts to implement better automobile fuel efficiency rules, leaving the update until after the presidential transition. The Department of Transportation said it would put off a final rule on Corporate Fuel Economy Standards, in a process begun last year. "The recent financial difficulties of the automobile industry will ... read more
Australia's Santos, Apache in 1.3 billion gas deal with Citic
Sydney (AFP) Jan 7, 2009
Australian energy company Santos Wednesday said it and joint venture partner Apache had signed a contract worth an estimated 1.3 billion US dollars to supply natural gas to a Citic Pacific project. Santos said the gas would be delivered to Citic's Sino Iron magnetite mining development in Western Australia from the offshore Reindeer gas field off the state's resource-rich Pilbara coast. ... more
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Niger picks France's Areva to operate giant uranium mine: company
Paris (AFP) Jan 5, 2009
French nuclear energy group Areva said on Monday it had been awarded a licence to operate a uranium mine in Nigerm which it described as the biggest in Africa and the second biggest in the world. The agreement foresees Areva holding a 66.65 percent stake in the company operating the mine, with the Niger state holding the remainder. Production is set to begin in 2012 and will enable Niger ... more
Japan, China to discuss disputed gas field: official
Tokyo (AFP) Jan 6, 2009
Japan and China will hold talks this week on a row over Beijing's development of a disputed gas field in the East China Sea, officials said Tuesday. Japan's Vice Foreign Minster Mitoji Yabunaka and Chinese counterpart Wang Guangya will meet Friday in Tokyo to "discuss a range of key issues including the disputes over development of gas fields," said a foreign ministry official in charge of ... more
Intel warns of big slump in revenues
San Francisco (AFP) Jan 7, 2009
The economic slump will take a big bite out of quarterly revenues for Intel, the world's biggest computer chip maker, the company said Wednesday. The California giant was expected to report fourth-quarter revenue of around 8.2 billion dollars, down 20 percent from the prior quarter and down 23 percent year over year. This is lower than the company's previous forecast on November 12, "as ... more
Indian teachers burn books to keep warm: report
New Delhi (AFP) Jan 7, 2009
A group of teachers in eastern India used books meant for poor children to light a bonfire to keep them warm, a report said Tuesday. The teachers at a school in Bihar state sent students home over the weekend, citing the cold weather, and set light to the books, the Press Trust of India news agency reported. Police have registered a case against the school principal and 16 others, the re ... more
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energy-tech:

Flipping The Switch On Cheaper LED Room Lighting
trade:

Chinese toy makers must comply on safety despite crisis: US regulator
car-tech:

China's Foton to form 930-mln-dlr truck partnership with Daimler
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