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Japan pro-bomb voices grow louder amid nuke debate

Hiroshima

A contentious debate over nuclear power in Japan is also bringing another question out of the shadows: Should Japan keep open the possibility of making nuclear weapons - even if only as an option?...

 

370M Indians swelter in heat after power fails

India Power Outage

Northern India's power grid crashed Monday, halting trains, forcing hospitals and airports onto backup power and providing a dark reminder of the nation's inability to feed a growing hunger for energy as it strives to become an economic power....

 

Exxon Mobil profit misses Street view

Exxon Mobil Corp, the world's largest publicly traded oil company, posted lower-than-expected quarterly earnings on Thursday as its oil and gas output sagged and its chemicals business struggled.

 

Airplane completes solar-powered odyssey

Solar Airplane

A unique airplane has just completed a 4,000-mile journey, making the first solar-powered intercontinental round-trip air journey. Traveling between Europe and Africa, the Solar Impulse experimental solar airplane landed in Payerne, Switzerland at 8:30 p.m. local time (2:30 p.m. ET) on Tuesday. The odyssey began two months ago, on May 24. This wasn't a test to see how fast the plane could make the trip, but to assess its endurance and reliability.

 

China's CNOOC to buy Canada's Nexen for $15.1 billion

China's top offshore oil producer CNOOC Ltd has entered into an agreement to buy Canada's Nexen Inc for about $15.1 billion, the Chinese company said on Monday.

 

Private firms tout Iran oil cheap to beat sanctions

Obscure private firms are offering Iranian crude oil at steep discounts to European oil traders as Tehran seeks ways to restore oil export flows hit by Western sanctions.

 

Tens of thousands rally in Tokyo for end to nuclear power

Protest in Japan

Tens of thousands of people rallied at a Tokyo park Monday demanding that Japan abandon nuclear power.

 

Price of gas continues to fall, but that may change soon

Consumers have caught a break from the slowing economy as gasoline prices extended their steep three-month decline, but the cost of filling the tank may soon head back up, a widely followed survey said on Sunday.

 

Shell's Arctic drilling rig runs adrift in Alaskan harbor

Arctic oil ambitions ran into new problems Saturday evening when the Discoverer drilling rig, slated to begin exploratory operations in the Chukchi Sea next month, ran adrift in stiff winds in Alaska’s Dutch Harbor and came perilously close to the beach.

 

UAE opens new oil pipeline route

The United Arab Emirates opens and begins operating a key overland pipeline which bypasses the Strait of Hormuz, controlled by Iran. Iran has repeatedly threatened to close the strait at the mouth of the Gulf, a vital oil-trade route.

 

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