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 Moscow (UPI) Oct 7, 2009 
Russia is pumping more oil than ever before, counteracting OPEC efforts to influence the crude price with lower production levels. Russia in September produced 10 million barrels of oil per day, a new record for the country that recently surpassed Saudi Arabia as the world's biggest oil producer. The increase is due mainly to the opening of the Vankor field in the arctic. ... read more 
Washington (AFP) Oct 7, 2009The United States remains the world's largest manufacturing nation even as China gains ground, according to a new study. The survey released Tuesday by the US-based Manufacturing Institute with the Manufacturers Alliance showed that the US share of global manufacturing value has held at 22 percent in 2008, roughly the same level for nearly 30 years. China's share last year was 14 percent ... more
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Washington (AFP) Oct 7, 2009The United States launched a probe Wednesday to look into slapping penalties on imported Chinese steel pipes in a move that could widen a trade spat between the two key powers. Washington has decided to "initiate antidumping and countervailing duty investigations on imports" of Chinese "seamless" pipes used to convey water, steam, chemicals, oil products and natural gas, the Commerce ... more 
Atlanta GA (SPX) Oct 08, 2009A new ceramic material described in the journal Science could help expand the applications for solid oxide fuel cells - devices that generate electricity directly from a wide range of liquid or gaseous fuels without the need to separate hydrogen. Though the long-term durability of the new mixed ion conductor material must still be proven, its development could address two of the most ... more 
Baghdad (UPI) Oct 7, 2009 The Iraqi government has again postponed debate on a much-stalled hydrocarbons law until after parliamentary elections slated for Jan. 15, according to legislative sources, further complicating efforts to attract major oil companies to invest in Iraq's rundown oil industry. That means the government's plans to ramp up oil production to bankroll reconstruction following the U.S.-led ... more |
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Akron OH (SPX) Oct 08, 2009FirstEnergy Solutions expects to complete construction on the Fremont Energy Center by the end of 2010 and have the plant available to operate in 2011. "Completing construction of the Fremont Energy Center in 2010, as originally announced, helps support the economy now by bringing jobs to the region and positions us to respond to our customers' future electricity needs as the economy ... more  
Bethesda MD (SPX) Oct 08, 2009USEC has announced that Exelon Generation Company has signed a contract to purchase SWU (separative work units) from USEC's American Centrifuge Plant to fuel its reactors. Exelon operates the largest fleet of commercial nuclear reactors in the United States and the third largest in the world. The contract starts in 2012 and is valued at nearly $1.2 billion. USEC has customer commitments ... more 
New York (AFP) Oct 7, 2009US computer giant Dell announced on Wednesday that it was closing a desktop computer manufacturing plant in the United States next year and laying off some 900 workers. Dell said it expected the closure of the plant in Winston-Salem, North Carolina, to be completed in January 2010. The company said "approximately 905 employees" would be affected and about 600 would be released next month ... more |
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