Daily Archives: January 11, 2013

Groups deliver comments on New York drilling

Adding star power to the opposition were Yoko Ono and her son, Sean Lennon.  More »

Encana CEO Eresman resigns

Encana Corp. Chief Executive Officer Randall Eresman resigned effective Friday and will be replaced by board member Clayton Woitas until a permanent successor can be named.  More »

Obama gets party go-ahead on debt limit

Move could raise pressure on White House to consider creative action in the event that lawmakers fail to forge compromise on lifting debt ceiling  More »

Commercial flight uses fuel produced from natural gas

Qatar Airways completed the first commercial flight this week using fuel produced from natural gas, the company said.  More »

Northern bands brassed off over funding

Grimethorpe Colliery Band players are unhappy because of a perceived ‘snobbery’ from Whitehall that has meant a lack of funding for a working class treasure  More »

Stocks at highs as focus turns to US banks

The FTSE All-World is inching to a 19-month high with the S&P 500 index on course to hold its five-year peak but moves across Asia were muddled  More »

Cameron’s policy on Europe ‘creates uncertainty’

PM’s adviser on growth says plans could put off inward investment and lead to a cloud of uncertainty over the economy lasting years  More »

Judge approves Gulf oil spill medical benefits settlement

A federal judge Friday approved the medical benefits portion of a multibillion dollar class action settlement over the 2010 Gulf of Mexico oil spill that had been reached between the British oil giant and thousands of individuals and businesses who sued the company.  More »

BP seeks to cut Gulf oil spill exposure by up to $3.4B

BP could reduce its potential maximum fine for the 2010 Gulf oil spill by $3.4 billion if a judge grants a motion BP filed Friday relating to the amount of crude spilled.  More »

Seaway expands to reduce midwest glut as oil flows to Gulf

Enterprise Products Partners LP and Enbridge Inc. have completed an expansion of the Seaway pipeline that will increase the supply of crude oil from the U.S. Midwest to refineries along the Gulf Coast.  More »

Worst flu outbreak in decade to cost $10bn

CDC says 47 states are now reporting ‘widespread’ influenza activity, creating a drag on the economy and pressure on hospitals and insurer  More »

France launches air strike in Mali

President François Hollande says France is willing to intervene – within the framework of the UN – to help Mali to halt the advance of Islamist forces  More »

US flips coin in attempt to avoid default

White House sidesteps question on minting $1tn platinum coin to pay bills if Congress fails to raise borrowing limit of $16.4tn by end of next month  More »

Gas exports will boost solar industry, exec says

CEO Arno Harris said Recurrent Energy’s new solar plants will sell power for as low as 7 cents a kilowatt-hour, nearly as cheap as natural gas-fired plants. He favors gas exports because they could lift the price of gas, making renewable energy more competitive.  More »

Phones still the talk of the town in Vegas

The show may have lacked market leaders’ presence but there was no shortage of ideas vying for processing space on consumers’ phones and tablets  More »
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