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Teen solves centuries-old math problem
TEHRAN, Aug. 11 (UPI) -- Major oil-producing nations in the Persian Gulf region should maintain current output quotas, officials said at a meeting in Tehran Monday.
Organization for Petroleum Exporting Countries President Chakib Khelil said during a visit to Tehran Monday that all OPEC members, "except for Iraq and new members who are outside the OPEC quota," should keep production at agreed levels, the Iranian al-Alam said.
Crude prices soared to $116 briefly in Monday trading before settling back to $113 in the morning session.
Market analysts said concerns over supplies from the Caucasus region prompted a rise in energy prices.
Russian troops moved into the breakaway Georgian republic of South Ossetia, striking Monday within miles of the Baku-Tbilisi-Ceyhan oil pipeline, the second-longest oil pipeline in the world.
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LONDON, May 25 (UPI) --
The British government unveiled a draft energy bill this week critics say will raise prices and favors new gas-fired power plants over renewable sources.
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CANBERRA, Australia, May 25 (UPI) --
Lovitt Technologies in Melbourne, Australia, has won a contract with Boeing worth nearly $1 million for wing parts for all F/A-18 Super Hornet fighters worldwide.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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