natural gas

BAGHDAD | Iran, feeling sanctions bite, looks for outlet in Iraq

BAGHDAD — At this year’s Baghdad International Fair, Iranian businessmen displayed thick, colorful Persian rugs to impressed onlookers while others showcased the latest in Iranian manufacturing in power generators and industrial tools. For Iranian companies, the annual Baghdad International Fair is a major event, as exporters in carpets, foodstuffs and heavy equipment look to score … Continue reading BAGHDAD | Iran, feeling sanctions bite, looks for outlet in Iraq

ISTANBUL | Turkey: We can’t be excluded from Mediterranean resources

ISTANBUL — Turkey’s president says he will not permit what he called the seizing of natural resources in the eastern Mediterranean. Speaking at a naval ceremony Sunday, President Recep Tayyip Erdogan said Turkey would never accept such attempts “excluding our country and the Turkish Republic of Northern Cyprus.” Turkey and the Greek Cypriot government in … Continue reading ISTANBUL | Turkey: We can’t be excluded from Mediterranean resources

WASHINGTON | Trump may not know what’s behind warming, but scientists do

WASHINGTON— Despite what President Donald Trump says, scientists have long known that what’s warming the planet isn’t natural. It’s us. They even have the energy balance sheets accounting for changes in the climate to prove it. President Trump’s own White House put out a science report last year concluding that “the likely range of the … Continue reading WASHINGTON | Trump may not know what’s behind warming, but scientists do

DUBAI, United Arab Emirates | GE firm buys 5-percent stake in Abu Dhabi’s state driller

DUBAI, United Arab Emirates— A subsidiary of General Electric Co. has agreed to purchase a 5-percent stake in the drilling arm of Abu Dhabi’s state oil company for $550 million. The deal announced on Monday with Baker Hughes values the drilling subsidiary of Abu Dhabi National Oil Co. at around $11 billion. ADNOC says that … Continue reading DUBAI, United Arab Emirates | GE firm buys 5-percent stake in Abu Dhabi’s state driller

LAWRENCE, Mass | Officials work to pinpoint cause of ‘Armageddon’-like blasts

LAWRENCE, Mass  — Investigators were working Friday to pinpoint the cause of a series of dramatic natural gas explosions that killed a teenager, injured at least 25 others and left dozens of homes in smoldering ruins. Authorities said an estimated 8,000 people were displaced at the height of Thursday’s post-explosion chaos in three towns north … Continue reading LAWRENCE, Mass | Officials work to pinpoint cause of ‘Armageddon’-like blasts

WASHINGTON | US industrial production rose a solid 0.4 percent in August

WASHINGTON — U.S. industrial production rose by a healthy 0.4 percent in August, boosted by gains in the production of autos, oil and natural gas. The Federal Reserve said Friday that industrial production, which includes output at factories, mines and utilities, has climbed 4.9 percent over the past 12 months. Factory production increased 0.2 percent … Continue reading WASHINGTON | US industrial production rose a solid 0.4 percent in August

Bank of the West’s environmental stand faces blowback

Bank of the West’s decision to divest from certain fossil fuel investments has run headlong into threats of retaliation in states that get much of their revenue from coal, oil and natural gas extraction. The San Francisco-based bank recently made it known that it would be “investing where we feel we can make the most … Continue reading Bank of the West’s environmental stand faces blowback

BRUSSELS  | EU imports of US soybeans were rising before deal with Trump

BRUSSELS  — European Union imports of U.S. soybeans were already rising substantially before a top EU official told President Donald Trump last week that the bloc would buy more. EU Commission figures released Wednesday show that 37 percent of the bloc’s soybean imports last month were coming from the U.S., compared with 9 percent in … Continue reading BRUSSELS  | EU imports of US soybeans were rising before deal with Trump