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What would the end of OPEC mean?

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The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens Read More

France's EDF faces delay in Brazil dam over clearing trees

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BRASILIA (Reuters) – A consortium led by Electricité de France SA is ready to fill the reservoir of a hydroelectric dam built in Brazil’s soy belt, but could be delayed by a year over removal of trees from the area to be flooded, the company and state officials said. FILE PHOTO: Virgin Amazon rain forest Read More

Airbus strategy review augurs clean break under new CEO

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PARIS (Reuters) – Airbus has launched a strategic review to outline changes under incoming chief executive Guillaume Faury as it faces industrial challenges and prepares for overdue modernization, industry sources said. FILE PHOTO: Guillaume Faury, President of Airbus Commercial Aircraft, delivers a speech during the delivery of the first A330neo commercial passenger aircraft for TAP Read More

Northern China smog worsens in October-November as pace of restrictions eases: Greenpeace

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SHANGHAI (Reuters) – Smog in northern China worsened in October and November compared to a year earlier, environmental group Greenpeace said on Thursday, as the government eases the pace at which it ramps up air quality controls at a time when the economy is slowing. FILE PHOTO – A man wearing a mask walks in Read More

Evidence lost in space: WATCH Russian cosmonauts whip out GoPros & forceps for zero-G investigation

3 days ago DieselGasoil Comments Off on Evidence lost in space: WATCH Russian cosmonauts whip out GoPros & forceps for zero-G investigation
One doesn’t simply poke inside a hole in a spacecraft during a spacewalk. The orbital operation required a lot of knife-work and struggle with a Medical tool, but one piece of evidence was still lost beyond the stars. On Tuesday, Sergey Prokopyev and Oleg Kononenko performed an extraordinary mission outside the Soyuz MS-09, currently docked Read More

Little Foot mystery solved?: Scientists may have confirmed new species of human ancestor

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Scientists who have studied a set of fossilized pre-human remains for the past two decades now believe they have discovered one of our ancient lost ancestors, whom they have affectionately named ‘Little Foot.’ Little Foot’s bones were found in a deep in a South African cave, Sterkfontein, northwest of Johannesburg, South Africa in 1994 by Read More

Green Plains and Optimal Fish Food Announce Formation of Aquafeed Joint Venture

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OMAHA, Neb. and BROOKINGS, S.D., Dec. 12, 2018 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) and Optimal Fish Food LLC. today announced the companies have formed Optimal Aquafeed, a 50/50 joint venture to produce high-quality aquaculture feeds utilizing proprietary techniques and high-protein feed ingredients. The joint venture brings together Green Plains’ production capabilities, commodity expertise, Read More

Australia's Snowy Hydro approves $2.9 billion power expansion project

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MELBOURNE (Reuters) – The board of Australian state-owned power generator Snowy Hydro on Wednesday approved a roughly A$4 billion ($2.9 billion) expansion project, though it still needs approval from the federal government. The expansion will shore up Australia’s power supply as aging coal-fired plants are shut. The plan was pushed last year by then-prime minister Read More

Nuclear power becomes critical to Arctic dominance

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Small Modular Reactors could become crucial to power remote outposts and vessels as the Arctic race heats up. For many, the Northeast Passage through the Arctic could one day be a ‘Northern Suez Canal’. While icy waters have frozen such dreams, recent advances in nuclear technology might finally unlock the full economic potential of the Read More

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows

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NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows. FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Read More