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  • Croatia looking to oil exploration in Adriatic Sea to revive economy Croatia looking to oil exploration in Adriatic Sea to revive economy

    ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

  • Brazil to hold oil auction

    Brazil's first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday. The government's National Council for Energy Policy authorized the change. Rights to develop blocks in the Libra field, which is estimated to hold between 8-12 billion barrels of recoverable oil, will be ...

  • Kinder Morgan takes next step in Trans Mountain oil pipeline expansion plan

    Members of the Squamish and Tsleil-Waututh First Nations paddle canoes on the waters of Burrard Inlet to the Kinder Morgan Burnaby Terminal for a ceremony to show opposition to the $5 billion expansion of the Trans Mountain pipeline, in North Vancouver, B.C., on Saturday September 1, 2012. ( Darryl Dyck / THE CANADIAN ...

  • South Stream gas pipeline

    Russia will provide 1.7 billion euros to finance the construction of Serbia's stretch of the South Stream gas pipeline that will carry Russian natural gas through the Black Sea to Bulgaria and then on to Greece, Italy and Austria, President Vladimir Putin said on ...

  • Prenda shell ordered to pay $9425 in attorney’s fees

    View all… AF Holdings is one of several shell companies linked to Prenda Law, which threatened thousands of Internet users with lawsuits over downloading pornography. Now Prenda's on the ropes and the key lawyers behind it have been hit with a ...


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Movie Review

The Lost World: Jurassic Park

How do you go about topping the highest-grossing film of all time? I'm sure that was a question heavy on the minds of all those associated with "The Lost World: Jurassic Park," the $75 million sequel to 1993's mega-smash dino epic. This perplexing question was probably nagging strongest in the mind of Steven Spielberg, back in the director's chair for the first time since he won the Best Director ... ...

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  • Trading firm sues BP Shell and Statoil in oil pricing probe

    Chicago-based Prime International Trading Ltd. is suing BP Plc, Statoil ASA and Royal Dutch Shell based on an investigation by the European Union into alleged oil-price fixing. Reuters is reporting that, following an investigation opened by the European Union, a Chicago commodities trading firm is suing three major oil companies, alleging they worked together to fix oil prices. Prime ...

  • IESO 18-Month Outlook Points to Reliability Rapid Growth in Renewables and New Approaches to System Operations

    May 24, 2013 /CNW/ - Over the next 18 months, solar energy and demand response will have a growing and noticeable impact on the Ontario power grid, working to reduce summer peaks and help meet the province's overall energy needs, said the Independent Electricity System Operator (IESO) in its latest 18-Month Outlook. By the end of 2014, almost 1,900 megawatts (MW) of solar generation ...

  • First Mountain Exploration Ltd. announces repricing and extension of expiry date of warrants

    May 24, 2013 /CNW/ - First Mountain Exploration Ltd. (FMX on TSX.V) (the "Company") announces that it has obtained TSX Venture Exchange Inc. (the "Exchange") approval to reprice and extend the expiry date of 3,093,500 share purchase warrants ("Warrants") of the Company which were issued ...

  • RIL British Petroleum make huge gas discovery in KG-D6 block

    Fifteen touch-screen smartphones to consider below Rs 15,000 Within the huge list, we take a look at fifteen touch-screen smartphones that have been ...

  • Yemens Main Oil Pipeline Blown up Again

    Saboteurs blew up part of Yemen's main Marib-Ras Isa oil pipeline Friday, halting the flow of crude, the country's defense ministry said. Subversive elements blew up the pipeline in Serwah district in central Maarib province east of the capital, the ministry said in a statement posted on its website. The pipeline carries about 120,000 barrels of oil a day from the Marib fields to Ras ...

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