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Pipe planned from Utica, Marcellus shale

U.S. energy company Williams and Boardwalk Pipeline Partners announced plans for a joint venture to move Midwest shale natural gas to the southern coast.

Repsol launches gas production in Russia

Spanish energy company Repsol and Bermuda's Alliance Oil announced the start of commercial natural gas production from central Russia.

Security risks cloud Libyan energy sector

Despite a security team designated to protect Libya's energy wealth, a major attack on the sector would be a large setback for the country, an analyst said.

Pakistan notes energy woes on pipeline

Pakistan expects its relationship with the United States to withstand its decision to work on a natural gas pipeline from Iran, a spokesman said.

Ukraine notes objection to South Stream

The Ukrainian government expressed frustration over developments with the South Stream natural gas pipeline, saying it was against its national interests.

China seeks negotiations on solar panels

China wants to use negotiations to address a dispute with the European Union over Chinese solar-panel shipments, Commerce Minister Chen Deming said Friday.

Australia struggles with bloated defense contracts

Projected Australian Defense Force budget constraints are impacting military acquisition programs.

China's February exports soared

China's February exports, spurred by demands from the United States and other markets, rose 21.8 percent annually to $139.37 billion, a government agency said.

Japan reports economic growth

Japan reports economy up 0.2 percent

Oettinger: EU wants Norway natural gas

Natural gas produced in Norway has a role to play in the European Union's low-carbon energy future, EU Commissioner Gunther Oettinger assured this week.

UPI NewsTrack Business

Dow hits another high, jobless claims fall ... Fed stress tests show healthier banks ...Icahn stirs the pot at Dell ... Law schools launching clinics of their own ... News from United Press International.
Crude oil tops $91

Crude oil tops $91

Crude oil prices topped $91 per barrel Thursday in a market made jittery by the death of Venezuelan leader Hugo Chavez.

Gold and sliver slide

Gold gave up $5.70 Thursday, settling at $1,578 per troy ounce on the Comex division of the New York Mercantile Exchange.

Fed stress tests show healthier banks

The U.S. Federal Reserve said the largest 18 U.S. banks have shown improved resilience as they distance themselves from the 2008 financial crisis.

Grains mostly higher in Chicago

Grains closed mostly higher on the Chicago Board of Trade Thursday with a late rally in wheat futures lending support to corn and soybeans.

Hostess sues Kroger for back payment

Bankrupt bakery Hostess Brands Inc. filed a lawsuit in New York Thursday against Kroger Co. for payment of $2.8 million due since July 2012, court papers say.

Dow hits another high, jobless claims fall

The Dow Jones index closed at its third consecutive all-time high Thursday after the U.S. Labor Department said first-time unemployment claims fell last week.

Law schools launching clinics of their own

Several U.S. law school administrators said launching their own school-based law firms would help unemployed graduates and low income clients simultaneously.

Australian group wants carbon trading

Australia's top industry lobby group has called for the immediate removal of the country's fixed carbon tax and to replace it with an internationally linked emissions trading scheme.

DARPA seeks new ship-launched UAV

The U.S. military is exploring the use of small ships as launch-and-recovery platforms for medium-altitude, long-endurance unmanned aerial vehicles.

Coast Guard orders radar from ITT Exelis

Multi-mode radar is being supplied to the U.S. Coast Guard by ITT Exelis for use on long-range surveillance aircraft.

FlightSafety produces Sikorsky simulators

Level D full-flight simulators for Sikorsky Aircraft's military and civil helicopters are in production by U.S. company FlightSafety International.

Accenture, Vius in mentor-protege deal

Accenture Federal Services and Vius LLC have been approved by the U.S. Department of Homeland Security for its mentor-protege program.

Trouble brews for Iran-Pakistan pipeline

After years of delays and setbacks, Pakistan is set to start work on its section of a $7.5 billion pipeline that will pump natural gas from Iran.

Support broad for $9 minimum wage

Seventy-one percent of U.S. adults age 18 or older support raising the federal minimum wage to $9 an hour, a Gallup poll issued Thursday indicated.
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