World Rss

US shale boom, Europe glut alter energy landscape

LONDON - The shale energy boom in North America will lead to an industrial revival in the region while Europe could benefit from a conventional gas glut that will help decouple it from surging global oil prices, according to industry leaders and analysts.
Yesterday at 10:56 | Reuters

EU confident Europe will overcome crisis UNITED NATIONS — The head of the European Union Commission says he is confident that the 17 countries that use the euro and all European institutions will do whatever is necessary to overcome the financial crisis.
Yesterday at 19:47 | Associated Press
Buffett to buy Media General Newspapers Warren Buffett's BerkshireHathawayInc is boosting its bet on the newspaper industry, with a deal to buy the majority ofMedia General Inc's papers for $142 million in cash.
Yesterday at 19:06 | Reuters
Barroso says wants Greece to stay in Euro area UNITED NATIONS- TheEuropean Unionsaid it will honor its commitments toGreecein an effort to make sure it remains within the euro area but saidAthenstoo must meet its obligations to the EU, the head of the head of theEuropean Commissionsaid on Thursday, May 17.
Yesterday at 17:41 | Reuters
US envoy to Israel: US ready to strike Iran JERUSALEM — Washington's envoy to Israel says the U.S. has plans in place to attack Tehran if necessary to prevent it from becoming an atomic military power.
Yesterday at 16:10 | Associated Press
Bulgaria imposes full smoking ban in public places SOFIA — Bulgaria's parliament has adopted a total ban on smoking in indoor public places, after earlier attempts failed due to strong opposition from restaurant owners.
Yesterday at 14:11 | Associated Press
Plans to strike Iran 'ready', says US Israel envoy U.S. plans for a possible military strike on Iran are ready and the option is "fully available", the U.S. ambassador to Israel said, days before Tehran resumes talks with world powers which suspect it of seeking to develop nuclear arms.
Yesterday at 09:46 | Reuters
Honduran area demands DEA leave after shooting People in Honduras' predominantly Indian Mosquito coast region burned down government offices and demanded that U.S. drug agents leave the area, reacting angrily to an anti-drug operation in which a local mayor said police gunfire killed four innocent people, including two pregnant women.
Yesterday at 09:27 | Associated Press
Serbia votes for president under threat of protest Challenger Tomislav Nikolic may not win, but he can sure spoil the party as Boris Tadic bids for a new term as president of Serbia and the right to lead the country into talks on joining the European Union.
Yesterday at 08:54 | Reuters
In Egypt's vote, revolutionaries lack a candidate A black smoke covered Cairo's Tahrir Square. Around a dozen protesters who had been holding a weekslong sit-in demanding an end to military rule had come to the conclusion their gathering was useless. So over the weekend, they splashed gas on their tents and banners, burned them to ashes and left.
Yesterday at 08:42 | Associated Press
Myanmar mega-project may be on a road to nowhere A simple, red sign on a white beach marks the start of a billion-dollar highway that will, one day, lead to a vast industrial project to be built close to impoverished Myanmar's border with Thailand.
Yesterday at 08:34 | Reuters