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EU Imports Concern Caribbean Cane Farmers (AP)
2007-05-27 00:00:00 Caribbean sugar producers are concerned the European Union's offer on future sugar imports will not be enough to make up for deep subsidy cuts to regional cane growers, a Guyanese official said Saturday. More About: Caribbean , Farm , Once , Cane , Farmer
Neighborhood Swayed by ‘Liar’s Loans’ (AP)
2007-05-27 00:00:00 Upstairs at Victory Chapel Church -- a cinderblock bunker converted from a long-ago Ford dealership -- the pews are reserved for praising heaven. But downstairs, in a basement rental hall, a pair of women preached of worldly wonders. More About: Loans , Liar , Neighborhood
DEVELOPMENT: A Little Aid, A Big Favour
2007-05-27 00:00:00 GLASGOW, May 26 (IPS) - When, came the question from a Ugandan delegate at a Civicus world assembly meeting in Glasgow, will the West ever stop giving aid on unequal terms? "We are unequal by the fact that, speaking as a donor, we are providing the funds," said Jan-Petter Holtedahl from the civil society department at the Norwegian Agency for Develop ment Cooperation. More About: Litt
Neighborhood Swayed by ‘Liar’s Loans’ (AP)
2007-05-27 00:00:00 Upstairs at Victory Chapel Church -- a cinderblock bunker converted from a long-ago Ford dealership -- the pews are reserved for praising heaven. But downstairs, in a basement rental hall, a pair of women preached of worldly wonders. More About: Loans , Liar , Neighborhood
Nuclear Power for the Oilsands
2007-05-27 00:00:00 This is a guest post by Brian Wang (advancednano). In order for nuclear power to replace the burning of natural gas to power the extraction of oil from the oilsands involves about 4.4 GW of nuclear power per million barrels per day of oil extracted (according to Wayne Henuset,director of Energy Alberta Corporation. estimate of a 2.2 GW reactor separating 500,000 bpd). 10 million bpd would take about twenty 2.2 GW twin reactors. A detailed analysis is provided from the Nuclear Energy journal. It was written by Atomic Energy Canada and Canadian Energy Research Institute scientists. [break] A paper - Opportunities for CANDU for the Alberta Oils ands - from journal of Nuclear Energy (peer reviewed) is probably the definitive word on how much oil would be separated using a CANDU reactor. SAGD can recover over 50% of the initial volume of crude bitumen in place. An average steam/oil ratio of 2-3 is required. Working from output levels of high quality steam of 62400 m**3/day, a cumulative s... More About: Power , Nuclear power , Clear
Contribute Your commodities & trading Business Guidelines For FREE (C
2007-05-27 00:00:00 Contribute Your commodities & trading Business Guidelines For FREE A merchandiser never likes to loose his patron in his life time. Wouldn’t you desire to know a winning commodities policy, if any, to hook in your existing customers? And would you mind if you hand out your pearls of acumen on commodities and trading in ... More About: Commodities , Trading , Free , Contribute
DrumBeat: May 27, 2007
2007-05-27 00:00:00 Now for some wise words from the readers of The Oil Drum ... More About: Beat
Seven Oil Stocks to Power Your Portfolio - Barron’s
2007-05-27 00:00:00 Related Stocks : APA, CAM, DVN, EOG, FTI, SLB, WFT Eli Hoffmann submits: Annotated article summary from this weekend's Barr on's. Receive all our Barron's summaries by signing up here: The New Drill Masters Complete Story » More About: Power , Portfolio , Olio
Somali Muslims Returning to Jobs (AP)
2007-05-26 00:00:00 Dozens of Soma li meatpacking workers who quit their jobs because they were not given enough time off for Muslim prayers have returned to work, but the issue could resurface as sundown inches later through the spring, a union official said Friday. More About: Jobs , Muslims , Slim , Turn
Unilever to Buy Sustainable Tea (AP)
2007-05-26 00:00:00 Unilever NV, which owns Lipton teas, said Friday that it will purchase all its teas from sustainable, ethical sources. To achieve this, the company has asked Rainforest Alliance, an international environmental non-governmental organization, to start certifying tea farms in Africa. More About: Nile , Unilever , Sustainable
UBS weighs options for Julius Baer stake (at FT.com)
2007-05-26 00:00:00 Speculation about the future of Julius Baer mounted Friday after UBS confirmed that the lock-up period for its 20.7 per cent holding in the Swiss private bank had expired. More About: Options , Opti , Weigh
Alcan Would Consider Sweetened Alcoa Bid (AP)
2007-05-26 00:00:00 Aluminum producer Alcan Inc. said in a regulatory filing Friday it would consider a sweetened buyout offer from rival Alcoa Inc., or that it may even try to turn the tables and acquire Alcoa instead. More About: Side , Would , Cons
Delta Natural Gas Declares Dividend (AP)
2007-05-26 00:00:00 Delta Natur al Gas Co., which provides gas to retail customers in Kentucky, said Friday its board declared a regular quarterly dividend of 30.5 cents per share. More About: Delta , Dividend
CMS Energy Utility to Buy Mich. Plant (AP)
2007-05-26 00:00:00 Michigan gas and electric utility Consumers Energy said Friday it agreed to buy a 946-megawatt natural gas-fired power plant for about $517 million to help meet growing customer demand. More About: Utility , Mich , Plan , Plant
Gold Seeker Weekly Wrap-Up: Gold Falls While Silver Gains on the Week
2007-05-26 00:00:00 Gold traded a couple of dollars higher in Asia and London and topped $656 in early New York trade before it dipped back near unchanged by late morning, but it then rallied back higher into the close and ended with a gain of 0.37%. Silver neared $13.00 in early New York trade before it fell back to $12.84 by late morning, but it also rallied into the close and ended with a gain of 0.70%. More About: Gold , Week , Weekly , While
Consumers Energy Announces Agreement to Buy 946 Megawatt Natural Gas Power
2007-05-26 00:00:00 Consumers Energy has signed an agreement to buy a 946 megawatt natural gas-fired power plant to help meet the growing power needs of its customers. More About: Power , Natural Gas , Natural , Mega
Jack in the Box Ads Called Misleading (AP)
2007-05-26 00:00:00 The parent company of the Carl's Jr. and Hardee's fast food chains sued rival Jack In The Box Inc. on Friday to stop TV ads that it says suggest Carl's Jr. and Hardee's use cow anus to make Angus beef hamburgers. More About: Calle , Leading , Lead , Jack In The Box
Somali Muslims Returning to Jobs (AP)
2007-05-26 00:00:00 Dozens of Soma li meatpacking workers who quit their jobs because they were not given enough time off for Muslim prayers have returned to work, but the issue could resurface as sundown inches later through the spring, a union official said Friday. More About: Jobs , Muslims , Slim , Turn
Encore Wire Declares Dividend (AP)
2007-05-26 00:00:00 Encore Wire Corp. on Friday announced a cash dividend of 2 cents per share. The McKinney, Texas-based company will pay the dividend July 20 to shareholders of record July 6. More About: Dividend , Ares , Clar
Santander BanCorp Declares Dividend (AP)
2007-05-26 00:00:00 Puerto Rico-based bank Sant ander BanCorp said Friday its board declared a regular quarterly dividend of 16 cents per share. More About: Santander , Dividend , Banc , Ares
PTT Finds Natural Gas Off Myanmar Coast (AP)
2007-05-26 00:00:00 A Thai company has discovered natural gas off the coast of Myanmar , in the latest boost to the impoverished country's thriving energy sector, state media reported Saturday. More About: Natural Gas , Natural , Coast , Natur
SINGAPORE: ‘Education Hub’ Plans Take a Knock
2007-05-26 00:00:00 SINGAPORE, May 26 (IPS) - An ambitious plan by the Singapore government to attract reputable foreign universities to set up off-shore campuses on this island nation took a knock this week when Australia's University of New South Wales (UNSW) announced the closure of its campus here. More About: Education , Plans , Plan , Ducati
DrumBeat: May 26, 2007
2007-05-26 00:00:00 Oil industry preps for Gulf storm season If you think gasoline prices are high now, consider the eye-popping possibilities if another monster storm pummels the Gulf of Mexico this hurricane season, the way Katrina and Rita battered the petroleum-rich waters in 2005. 'I think it's important to say, 'as best we can be,'' said Frank Glaviano, vice president of production for Shell Exploration and Production, an arm of Royal Dutch Shell PLC. (NYSE:RDS A) 'We thought we were prepared, and then we saw a storm like never before in terms of Katrina. ... Rita and Katrina are now part of what can happen -- not a possibility, but a probability.' [break] Japan Infiltrates the Middle East Japan has many good reasons to worry about the supply of its economy's lifeblood. It may face serious consequences from the new energy rush and the prospect of reaching peak global oil production, particularly in the face of rising competitors in Asia. For example, China alongside India and Iran form ... More About: Drum , Beat
Nevada Power Wins Residential Rate Hike (AP)
2007-05-25 00:00:00 It could cost nearly $23 more a month to keep the air conditioners running and the lights on this summer at the typical southern Nevada home, after state regulators approved a rate increase for the region's main electric utility. More About: Power , Residential , Side , Hike
Peru Copper enters into exclusivity agreement (PR Newswire)
2007-05-25 00:00:00 Peru Copper Inc. announced today that it has entered into an exclusivity agreement with a third party in order to facilitate discussions with such third party regarding a potential transaction which may involve the acquisition of the Company or other material transactions. More About: Peru , Wire , Enter , Agreement
Nasdaq to announce OMX deal: sources (Reuters)
2007-05-25 00:00:00 The Nasdaq Stock Market plans to announce on Friday that it has agreed to buy Nordic bourse owner OMX as it expands beyond the U.S. market, according to sources familiar with the situation. More About: Reuters , Deal , Sources , Anno
ICE Plans to Meet With CBOT Members (AP)
2007-05-25 00:00:00 In a sign that IntercontinentalExchange Inc. is still intent on breaking up the merger of Chicago's two biggest exchanges, Chief Executive Jeffrey Sprecher said Thursday that he plans to meet with members of CBOT Holdings Inc. next week. More About: Plans , Meet , Plan , Members
McDonald’s to Use Trans-Fat-Free Oils (AP)
2007-05-25 00:00:00 McDonald's Corp. executives said Thursday that the world's largest restaurant chain will roll out a new trans-fat-free oil nationwide within the next year, while hinting they also plan to add more fruits and vegetables to future menus. More About: Free , Trans , Oils , Tran , Trans Fat
Correction: May 21 Muni Wireless Story (AP)
2007-05-25 00:00:00 In a May 21 story about municipal wireless projects, The Associated Press erroneously reported that EarthLink Inc. suspended new bids. The company said it won't seek as many bids, but isn't completely ruling out new ones. More About: Wireless , Story , Muni , Wire , Less
Gold Seeker Closing Report: Gold and Silver Fall Roughly 1.5%
More articles from this author:2007-05-25 00:00:00 Gold remained near unchanged in Asia and London before it dipped about $4 in early New York trade and then dropped another 1% between 11AM EST and noon to as low as $651.00 before it rebounded slightly into the close, but it still ended with a loss of 1.44%. Silver followed a similar pattern and dropped to as low as $12.74 before it also rebounded in afternoon trade and ended with a loss of 1.69%. More About: Gold , Report , Repo , Fall 1, 2, 3, 4, 5, 6, 7 |
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