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 Sydney (AFP) Nov 3, 2009 
A blaze at an oil rig off Australia was brought under control on Tuesday when experts managed to plug a leak that has spewed tonnes of crude over the past 10 weeks, the well's operator said. PTTEP Australasia said its fifth attempt to plug the leak had been successful and it had stopped the main fire at the wellhead platform. "The fire at the West Atlas rig at Montara wellhead platform ... read more
Baghdad (AFP) Nov 3, 2009Iraq formally signed a deal with Britain's BP and China's CNPC on Tuesday to almost triple production at a giant southern oilfield. "The two companies will invest 50 billion dollars in the project," Oil Minister Hussein al-Shahristani, told reporters. The 20 year-contract is expected to boost production at the Rumaila field from the current one million barrels per day to around ... more
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Prisoners used to shovel snow-bound US capital
Heavy rain, snow disrupts transport in Spain Washington slaps fee on plastic shopping bags Vietnam says parched Red River at record low Philippine volcano darkens New Year for 50,000 villagers Shocked residents survey Australia wildfire wreckage Honduras declares state of emergency amid drought Residents flee terrifying Australian wildfires Sarkozy scrambles to salvage carbon tax Thrill-seeking tourists flock to Philippine volcano 
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Abuja (AFP) Nov 3, 2009Nigeria is soon to start retraining the first batch of former oil rebels that laid down arms after years of waging attacks on oil facilities in the Niger Delta, a government minister said on Tuesday. A group of 3,000 out of the 15,000 rebels the government has said laid down arms will be signed up for the training exercise to prepare them for re-integration into society. The oil-rich ... more  
Sydney (AFP) Nov 3, 2009Anglo-Australian miner Rio Tinto said China could be priced differently from other iron ore markets in 2010, as it warned that "unfair" costs would make talks difficult, reports said Tuesday. The mining giant said the iron ore price-setting mechanism was evolving. "Any number of scenarios could relate to an outcome in 2010, with one scenario being a different pricing mechanism in China ... more 
London (AFP) Nov 3, 2009Global banking giant HSBC is to cut more than 1,700 jobs across its retail banking division in Britain, a spokesman said on Tuesday. HSBC will axe "just over 1,700" jobs, a spokesman told AFP. The announcement came as the government unveiled a major shake-up of the banking sector and one day after state-controlled Royal Bank of Scotland (RBS) said it would eliminate about 3,700 jobs acr ... more |
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Burnaby, Canada (SPX) Nov 04, 2009Day4 Energy has announced it has executed an agreement to deliver a turnkey 2.4 megawatt (MW) roof-mounted turnkey photovoltaic power plant for Gunther Heiss Solar Gmbh and Co. KG in Germany. The project is being financed through a local Volksbank, backed up by Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main. Day4 Energy will design, engineer and construct the PV power plant with ... more  
Manhattan KS (SPX) Nov 04, 2009Two Kansas State University engineers are assessing systematic production methods that could make the costs of algae oil production more reasonable, helping move the U.S. from fossil fuel dependency to renewable energy replacements. The idea by K-State's Wenqiao "Wayne" Yuan and Zhijian "Z.J." Pei is to grow algae in the ocean on very large, supporting platforms. The National Science Found ... more 
Riverside CA (SPX) Nov 04, 2009A team of researchers led by University of California, Riverside (UCR) Professor of Chemical Engineering Wilfred Chen has constructed for the first time a synthetic cellulosome in yeast, which is much more ethanol-tolerant than the bacteria in which these structures are normally found. The yeast cellulosome could enable efficient one-step "consolidated bioprocessing" by maximizing the ... more |
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