Energy
Caribbean talks conservation on Branson's island
Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for the Caribbean's imperiled coasts and waters. The "Caribbean Challenge" calls for special protected zones along at least 20 percent ...
Ellison hires Calif. energy expert for Lanai
Billionaire Larry Ellison is bringing on a California energy expert to help make the Hawaiian island of Lanai a model for sustainable energy. The Honolulu Star-Advertiser reported Friday (http://goo.gl/7pezL) that the co-founder of Oracle Corp. has hired Byron Washom, the director of Strategic Energy Initiatives at the University of California ...
Energy Dept. backs Texas LNG export plan
The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural gas. The action would allow Freeport LNG Expansion L.P. to export up to ...
US rig count is unchanged at 1,769
Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. remains unchanged this week, at 1,769. The Houston-based company said Friday in its weekly report that 1,408 rigs were exploring for oil and another 354 for gas. Seven were ...
World stocks strong into the weekend
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. "In general, ...
Czech, US cooperate in developing new reactors
The United States says it has completed a transfer of 75 kilograms (165 pounds) of salt coolant material to the Czech Republic as part of cooperation between the two countries in developing new nuclear reactors. The U.S. Embassy in Prague says the fluoride salt comes from the Department of Energy's ...
5 things to know for Friday in Pa. news
Your daily look at late-breaking news, upcoming events and stories that will be talked about in Pennsylvania on Friday. TRANSGENDER STUDENT WANTS TO BE CALLED BY MALE NAME AT CENTRAL PENNSYLVANIA HIGH SCHOOL GRADUATION The Red Lion student now known as Issak Wolfe has already won the right to wear ...
Oil gains to near $96 as investors eye US economy
The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the ...
Business Highlights
___ Wal-Mart's 1Q profit, sales disappoint NEW YORK (AP) — The first few months of the year were tough for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during ...
Interior issues new drilling rule on public land
Companies that drill for oil and natural gas on federal lands will be required to disclose publicly the chemicals used in hydraulic fracturing operations, the Obama administration said Thursday. The new "fracking" rule replaces a draft proposed last year that was withdrawn amid industry complaints that federal regulation could hinder ...
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