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RIM revenue, outlook weigh on TSX; manufacturing, house data depress U.S. stocksA woman looks at the electronic stock board of a securities firm in Tokyo. Japan stocks fell sharply Friday as investors unloaded shares of Nomura Holdings Inc.
Topix.net dimanche 27 septembre 2009A wary Senate may let climate change bill drift
Although President Barack Obama confidently assured world leaders last week that the U.S. was determined to combat global climate change, that resolve isn't shared in the U.S. Senate.
Houston Chronicle dimanche 27 septembre 2009Flywheels put a different spin on electrical efficiency
Spinning flywheels have been used for centuries for jobs from making pottery to running steam engines. Now the ancient tool has been given a new job by a Massachusetts company.
Houston Chronicle dimanche 27 septembre 2009Big oil find by Occidental inspires California dreamin'
A few years ago, Occidental Petroleum Corp. executive Stephen Chazen sounded like a cryptologist out of a Dan Brown novel as he told investors that an oil bonanza awaited any outfit that could “crack the code”.
Houston Chronicle dimanche 27 septembre 2009Man Struck, Killed on I-680 While Waiting for Tire to be Changed
A man who was killed in a crash on southbound Interstate Highway 680 in Danville Friday morning was struck while waiting for a flat tire to be changed, California Highway Patrol Officer Tom Maguire said.
Topix.net dimanche 27 septembre 2009ADNOC naphtha talks due; lower prices predicted
Abu Dhabi National Oil (ADNOC) will hold term talks next month for naphtha lifting in January-December 2010, Reuters has reported, but it is not expected to get as much for the oil as in the previous contract, due to weakened sentiment. The state-owned refiner is expected to get high single-digit premiums for the 12-month supplies, against the $10.50-$12.50 a tonne premium to its own price formula, on a free-on-board basis, that it fetched in the last round for July 2009-June 2010 cargoes. ADNOC, which has in the past negotiated with customers including Taiwan CPC, Japanese Marubeni and India's Haldia Petrochemicals, will be holding face-to-face talks for the first time in the week of October 19 at its Singapore office.
AME dimanche 27 septembre 2009Debate on climate will soon be heating up
So, have you enjoyed the debate over health care reform? Have you been impressed by the civility of the discussion and the intellectual honesty of reform opponents? If so, you'll love the next big debate: The fight over climate change.
Topix.net dimanche 27 septembre 2009Laffan refinery in Qatar begins production
QatarGas has said it has begun production from the Laffan Refinery, the first condensate refinery in Qatar. The refinery's production reached commercial quantities and specifications on 23 September for all products, the firm said. Laffan Refinery has a total processing capacity of 146,000 barrels per stream day, made up of 61,000 bpsd of naphtha, 52,000 bpsd of kerojet, 24,000 bpsd of gasoil and 9,000 bpsd of LPG. Faisal Al Suwaidi, CEO and Chairman of Board of Directors of Qatargas Operating Company, said: "The refinery adds value for end customers as well as the State of Qatar. This start-up represents a historic milestone for Qatar and Qatargas, especially as this is the first time some of these technologies are being used in the country."
AME dimanche 27 septembre 2009Saudi Arabia sees no change in OPEC output
Ali al-Naimi, Saudi Arabia's Oil Minister, has told the Nightly Business Report on US PBS television that $75 a barrel is a fair price for oil and that there was no need for OPEC to change production ahead of its next meeting in December, Reuters has reported. Producers need an oil price that would allow supplies to be developed to meet demand, he said. "At $60 and $70 a barrel, you see a bigger movement in investment, you see more supply of energy," the minister said.
AME dimanche 27 septembre 2009LCRA facing possible stricter water use rules
The Lower Colorado River Authority could seek stricter water restrictions after heavy rains in mid-September did little to ease the drought.
Topix.net dimanche 27 septembre 20091 2
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