The South Texas Project nuclear power plant near Bay City can generate 2,700 megawatts of electricity.(John Davenport / San Antonio Express-News)

Brief fire prompts shutdown of reactor at Bay City nuke plant

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One of the South Texas Project’s nuclear reactors was shut down after a transformer fire Tuesday, but the reactor was not damaged, a plant spokesman said.
Categories: Nuclear

Ex-SAC analyst named 20 alleged insider traders

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Prosecutors tell judge that Wang ‘contributed substantially’ to the criminal convictions of more than 10 individuals
Categories: Uncategorized

Dish outbids Sprint in Clearwire race

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Sprint hits back at its rival, saying it has ‘no intention’ of waiving any of its rights as Clearwire’s largest shareholder and biggest customer
Categories: Uncategorized

US oil imports to fall to 25-year low

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Energy Information Administration, a government agency, predicts that net imports of liquid fuels will fall to about 6m barrels per day in 2014
Categories: Uncategorized

White House weighs total Afghan pullout

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As Barack Obama and Hamid Karzai prepare for talks in Washington this week, a security official says the US is considering a ‘zero option’ after 2014
Categories: Uncategorized

Chávez will miss inauguration, say officials

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Vice-president Maduro acts to dispel impression of power vacuum with crackdown on hoarding but opposition will push for his rival to be interim leader
Categories: Uncategorized

Alcoa forecasts boost in aluminium demand

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Company reported underlying earnings in line with analysts’ expectations at 6 cents per share for the fourth quarter, on revenues of $5.9bn
Categories: Uncategorized

Biden to open US gun control campaign

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US vice-president joins Gabrielle Giffords, former congresswoman injured in a 2011 shooting in Tucson, in call for action but conservatives fight back
Categories: Uncategorized
A drilling rig stands over a natural gas well near Interstate 70 west of Rifle, Colo. (AP Photo/David Zalubowski)

Deloitte report boosts natural gas exports

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A study concludes that U.S. natural gas prices would rise about 15 cents per million British thermal units by 2030 if exports are allowed.
Categories: LNG, Natural gas

Galaxy lifts Samsung profit to record

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Group estimates operating profit leapt 88% to Won8.8tn in the fourth quarter as mobile handset sales surged despite competition from Apple’s iPhone
Categories: Uncategorized