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Europe must drop the euro, Germany abandon mercantilism

Europe must drop the euro, Germany abandon mercantilism

Italy and other southern states must abandon their labor market policies and profligate government spending. Germany must reform too, and the euro must go.
Peter Morici
EIA: North Dakota close to flaring goal

EIA: North Dakota close to flaring goal

North Dakota is on pace to meet its yearly goal for curbing the amount of natural gas burned off during oil production, the U.S. Energy Department said Monday.
Daniel J. Graeber
Brent losing steam, WTI showing gains

Brent losing steam, WTI showing gains

Brent crude oil for November delivery slipped in Monday morning trading after showing signs of rebounding, while West Texas Intermediate showed modest gains.
Daniel J. Graeber
Russia doesn't fear Azeri gas, scholar says

Russia doesn't fear Azeri gas, scholar says

Trade deals between Russia, Turkey and Azerbaijan should ease Kremlin concerns about Baku's energy agreements with Europe, an Azeri scholar said.
Daniel J. Graeber
London wants EU emissions reforms

London wants EU emissions reforms

British Energy Secretary Ed Davey said Monday the European Union can lead the fight against climate change, but only if certain reforms are enacted.
Daniel J. Graeber
EU to talk gas with Moscow, Kiev

EU to talk gas with Moscow, Kiev

The European Commission said Monday it scheduled another round of talks with its Russian and Ukrainian counterparts to settle a lingering gas issue.
Daniel J. Graeber
OMV's production lifted by Libya

OMV's production lifted by Libya

Austrian energy company OMV said Monday its quarterly production was boosted by the resumption of operations in war-torn Libya.
Daniel J. Graeber
Saudis probe oil pipeline blaze

Saudis probe oil pipeline blaze

Authorities in Saudi Arabia said they're conducting an investigation into an incident that left an oil pipeline in the eastern part of the country ablaze.
Daniel J. Graeber
Egypt slated to get Israeli natural gas

Egypt slated to get Israeli natural gas

The partnership in control of one of the largest natural gas basins off the coast of Israel announced their intention to sign an export deal with Egypt.
Daniel J. Graeber
Iran stands by Pakistani gas pipeline

Iran stands by Pakistani gas pipeline

Despite reports the project has been abandoned, the Iranian government said it was determined to push ahead with a gas pipeline for Pakistan.
Daniel J. Graeber
Tesla could face sales ban in Michigan

Tesla could face sales ban in Michigan

Michigan Gov. Rick Snyder is contemplating signing a bill that would ban Tesla to sell directly in the state in order to protect dealerships.
Aileen Graef
Early completion of refit of Italian aircraft carrier

Early completion of refit of Italian aircraft carrier

The Italian Navy shipyard at Taranto is completing maintenance and upgrade work on the carrier Giuseppe Garibaldi months ahead of schedule.
Richard Tomkins
British Reaper UAVs join the fight against Islamic State

British Reaper UAVs join the fight against Islamic State

Britain has announced the deployment of MQ-9 remotely piloted aircraft to support Iraq's Kurdish forces in the battle against ISIS.
Richard Tomkins
Twitpic to shut down after failed acquisition

Twitpic to shut down after failed acquisition

Twitpic photo sharing service will shut down Oct. 25 after failing to be acquired and thus saved following a trademark complaint from Twitter.
Aileen Graef
Navy orders laser-guided Maverick missiles from Raytheon

Navy orders laser-guided Maverick missiles from Raytheon

New laser-guided Maverick air-to-surface missiles are set for Raytheon's production line under a $49.5 million contract from the U.S. Navy.
Richard Tomkins
72 percent of Airbnb rentals illegal in New York City

72 percent of Airbnb rentals illegal in New York City

A report from New York Attorney General Eric Schneiderman found 72 percent of the Airbnb rentals in New York City are illegal, threatening the start-up.
Aileen Graef
Teledyne subsidiary gains contract for submarine work

Teledyne subsidiary gains contract for submarine work

Teledyne Technologies company to provide materials and support for 10 Virginia-class submarines being built for the U.S. Navy by General Dynamics Electric Boat.
Richard Tomkins
EU examines risks of Russian gas shortage

EU examines risks of Russian gas shortage

If members of the European Union show some solidarity, they'll be able to cope with a potential Russian gas shortage, the European energy commissioner said.
Daniel J. Graeber
Oil find declared commercial in Kurdish Iraq

Oil find declared commercial in Kurdish Iraq

A new oil discovery in northern Iraq moves the region closer to a 1 million barrel per day production goal, a Kurdish government official said Friday.
Daniel J. Graeber
U.S. continues to target IS oil installations

U.S. continues to target IS oil installations

Targeting of fixed Islamic State targets in Syria, including oil facilities, is part of the strategic effort to cripple the group, a Pentagon official said.
Daniel J. Graeber
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Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
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