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Venezuela, Iran mull gasoline deal Caracas, Venezuela (UPI) Nov 9, 2009
Venezuela and Iran are considering a wide-ranging energy cooperation deal that will give Iran a sanctions-busting option to import up to 20,000 barrels a day of gasoline from this Latin American country. The deal has been discussed over several months already and is now slated for final consideration when Iranian President Mahmoud Ahmadinejad visits Caracas at the invitation of ... read moreFinnish electricity consumption growth seen levelling off
Helsinki (AFP) Nov 10, 2009Finland's government said Tuesday it expected electricity consumption to grow slower than previously forecast in the next 20 years as the global economic recession had dented industry's energy use. The ministry of employment and the economy said in a forecast that the country's electricity consumption would rise from around 80 terawatt hours this year to around 91 terawatt hours in 2020 and ... 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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China chip maker to pay 200 million US to settle TSMC claims
Taipei (AFP) Nov 10, 2009Taiwan Semiconductor Manufacturing Co (TSMC) said Tuesday China's top chip maker will pay it 200 million US dollars cash after they settled a long-running dispute over alleged theft of trade secrets. The Shanghai-based Semiconductor Manufacturing International Corp (SMIC), also agreed to provide "TSMC with other valuable consideration," TSMC said in a statement, without providing details. ... more China, US keen to avoid trade war: US official
Beijing (AFP) Nov 10, 2009The United States and China will work to keep their latest tit-for-tat trade spats from escalating into an all-out war, a top US official said Tuesday, just days before a visit by President Barack Obama. Robert Hormats, the US Under Secretary of State for Economic, Energy and Agricultural Affairs, said "tensions, misunderstandings and frictions" were inevitable between major trade partners a ... more India to allow visits to Bhopal disaster site
Bhopal, India (AFP) Nov 10, 2009India will mark next month's 25th anniversary of the Bhopal disaster, the world's worst industrial accident, by throwing open the site to visitors, an official said Tuesday. Tragedy struck on December 3-4, 1984 when a storage tank at a pesticide plant run by Union Carbide -- bought by US group Dow Chemicals in 1999 -- spewed cyanide gas into the air, instantly killing more than 3,500 people. ... more |
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IEA says OPEC could lose in climate deal
London (AFP) Nov 10, 2009The OPEC oil cartel could lose 4.0 trillion dollars in revenue between now and 2030 if a UN conference in Copenhagen next month strikes a deal on global warming curbs, the International Energy Agency said Tuesday. "Producing countries are very worried about what will happen to their revenues," said IEA chief economist Fatih Birol, who presented the agency's World Energy Outlook report here. ... more Ceres Wins Grant To Develop High-Yielding, Low-Input Energy Grasses
Thousand Oaks CA (SPX) Nov 11, 2009Energy crop company Ceres has announced that it plans to expand an advanced trait development project to increase biomass yields of several energy grasses by as much as 40% in coming years, while simultaneously decreasing the use of inputs such as nitrogen fertilizers. The project, which was selected by the U.S. Department of Energy (DOE) from among 3,700 renewable energy proposals, will ... more Rio wants to work with spurned Chinalco: chief
Sydney (AFP) Nov 10, 2009Anglo-Australian miner Rio Tinto said Tuesday it was interested in collaborating with Chinalco, months after rejecting a massive cash injection from the state-owned Chinese firm. Rio chief executive Tom Albanese also said the company hoped for a "timely and transparent resolution" of the case against top executive Stern Hu, who was arrested in China weeks after the 19.5 billion US dollar ... more |
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