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Cathay Pacific Sues World Fuel Over Claim of Tainted Fuel
“The parties are seeking to resolve the matter on an amicable basis,” Cathay Pacific said in an e-mailed statement today. Glenn Klevitz, director of corporate finance at Miami-based World Fuel, said the company doesn't comment on pending litigation.
Natural gas distributors target growth
With expectations of reasonably priced fuel for the foreseeable future, distribution companies are expanding their networks and encouraging industry and governments to embrace natural gas as a clean, low-cost energy option.
Imperial Oil to sell refinery
The refinery, which opened in 1918 at the tail end of the First World War, has a capacity of roughly 88,000 barrels of oil a day and produces a range of petroleum products, including gasoline, diesel, jet fuel and home heating fuel. Yet the refinery ...
Cameco to acquire German nuclear fuel company Nukem for $136-million
Canadian uranium producer Cameco Inc. has signed a deal to buy Nukem Energy, a German company that trades nuclear fuel products and services, for roughly $136-million (U.S.) in cash plus debt. The Saskatoon-based company said Monday the deal ...
Cameco to buy Nukem Energy  World Nuclear News
Truckers test LNG as transport fuel
Chad Porter wants to run his 18-wheeler trucks on frozen natural gas across Canada's Rocky mountains even before the world's longest chain of refueling stations gets built to keep them fueled. The chief operating officer of oil services company Ferus Inc.
Shell, Asian energy giants to build largest LNG plant in BC
Four global energy firms led by Shell Canada say they are going to develop a 12 million-tonnes-a-year liquefied natural gas plant at Kitimat, the largest by far of four LNG proposals for the B.C.
NS Power applies for more rate hikes
In fact, the utility's fuel costs are expected to temporarily drop next year because of lower natural gas prices, coupled with lower electricity consumption.
POM Wonderful targeted “hypochondriacs.”
They arrived wrapped around the New York Times with the headline: Drink to prostate health. They portrayed a bottle of POM Wonderful pomegranate juice in a superhero cape.
Jeff Rubin argues in The End of Growth that central bankers must focus on high ...
"When the world's annual fuel bill was less than $800 billion, oil-importing nations like the United States clocked healthy economic growth year after year," Rubin writes.
Binge drinking reaches crisis levels in Britain, costing health care system $4 ...
LONDON - The girls slumped in wheelchairs look barely conscious, their blond heads lolling above the plastic vomit bags tied like bibs around their necks.