
IEA praises Canadian carbon capture initiative
The launch in Canada of the world's first carbon capture project for oil sands is a welcome statement from an industry under the microscope, the IEA said. ... more
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Weak China inflation stokes fears over slowing demand
China's consumer price inflation fell to a five-month low in October, the government said Tuesday, in another sign of weak demand in the world's second-largest economy. ... more
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Alien civilizations may be far rarer than hoped study suggests
Mapping the Universe faster without sacrificing precision
Mysterious 'red dots' in early universe may be 'black hole star' atmospheres
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'Sharing economy' firms urge safety net for workers
A coalition of "sharing economy" startups joined labor activists and others Tuesday to endorse efforts for a "flexible safety net" for workers without traditional job protection. ... more
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China to push alternative trade pact at APEC: minister
China will seek to push its own vision of an Asia-Pacific trade pact at a regional summit next week, senior officials said Tuesday, after this month's release of a rival US-led deal that pointedly excludes the Asian giant. ... more
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U.S. shale oil basins to decline
Only the Permian shale basin in the southern United States is expected to record a year-on-year increase in oil production, federal data show. ... more
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Dispersants fail: Half the spilled BP oil may be on Gulf floor
New research suggests a chemical dispersant used in the wake of the BP oil spill failed to help, and may have actually hindered, the cleanup. ... more
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Bank of England gauges impact of lower oil prices
With about 60 percent of the drop in crude oil prices linked to demand issues, the Bank of England suggested pressure may be negative for the British economy. ... more
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