Investment bank Goldman Sachs on Monday cut its 2013 US natural gas price forecast to $3.75/MMBtu form $4.25/MMBtu, saying mild winter weather across the US has failed to put a serious dent in storage levels. The bank said higher levels ...
Tags: Investment bank, Goldman Sachs, US, natural gas, price
A group of 140 PhD scientists, working full-time on thorium power at the Shanghai Institute of Nuclear and Applied Physics, is getting close to creating a new generation of thorium reactors that produce much less toxic waste and don’t ...
Tags: thorium reactors, PhD scientists, China, Clean Nuclear Power Generation
China is responsible for more than 95%of the global supply of rare earths and over the weekend the country'sMinistry of Land and Resources(MLR),announced that the first production quota for rare earths this year will be set at 46,900 ...
Tags: Rare Earth Production, quotas, MLR, tungsten
The Platts February LNG Japan Korea Marker ended the Asian trading week at $17.40/MMBtu, up from Monday's $17.15/MMBtu, on the back of sustained demand stemming from cold weather in the Far East. Low temperatures across North Asia boosted ...
Tags: Petroleum, gas, LNG, gas demand
Business Standard reported that NPCIL-Nalco Power Company Limited a JV between Nalco and NPCIL to set up nuclear plants will raise a term loan of up to INR 1,500 crore over the next three months to fund the construction of power generation ...
A report by the Economist Intelligence Unit revealed that the GCC population will soar by 30% to 53.5 million people who will form an increasing strain on the region’s supplies of electricity, food and water. The report said that ...
Tags: GCC Population, Economist Intelligence Unit, 53.5 million
At the Trubodeta part of United Metallurgical Company commissioned press for Elbows by cold deformation. This equipment has been delivered to the investment project, opened the company in April 2011. In December 2012, the press was put into ...
Tags: nuclear power plants, petrochemical industry, stainless steel
For all the apocalyptic prognostications, 2012 turned out to be a relatively uneventful year from an information security standpoint. A cyber Pearl Harbor did not happen. Stuxnet and its kin did not take out any power grids or shut down ...
Tags: apocalyptic prognostications, 2012, information security, cyber
A leading international relations expert says open warfare could break out between China and Japan in 2013. Hugh White, a professor of strategic studies at the Australian National University, says in an article for Fairfax that the ...
Tags: China, Japan, international relations, warfare
According to the Planning Commission, the Indian power sector is one of the most diversified in the world. India is the fifth largest producer of electricity in the world and, while the State Governments account for 51.5% of the total ...
Tags: India, power sector, electricity, energy
Trubodetal, a subsidiary of Russia-based pipe producer OMK Group, has announced that it has commissioned an elbow cold forming machine, as a part of the investment project launched by the company in April 2011. The newly installed ...
Tags: Trubodetal, Russia, pipe producer, OMK Group, elbow cold forming machine
A power station in the south of Iran has been hit by a cyberattack, an Iranian news agency reported Tuesday, citing a local civil defense official. But now agency and official are in dispute over whether he really made the remarks. The ...
Tags: Iran, cyberattack, ISNA, virus
There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus for investors today. Even with new mine supply and refining capacity ...
Tags: Jack Lifton, rare earth element market, Metallurgy, Mineral
UniFirst Corporation announced results for its fiscal 2013 first quarter, which ended November 24, 2012. First quarter revenues were $332.6 million, up 6.2% from $313.0 million in the year ago period. Net income for the quarter was $30.8 ...
Tags: UniFirst Corporation, fiscal 2013, first quarter, revenues
The U.S. on Thursday said it ordered sanctions against Iran's Minister of Communication and Information Technology, Reza Taghipour, and other entities and persons responsible for engaging in censorship in their country. Taghipour is ...
Tags: USA, Iran, sanctions, Internet censorship