Posts Tagged ‘council’

Brent nears $111 on uptick in China economy

by on November 22, 2012 5:02 am BST
China's vast manufacturing sector saw expansion accelerate in November for the first time in 13 months, while a lower than expected drop in US oil inventory also boosted crude prices, Reuters stated.However, supply risks diminished after Israel and the Islamist Hamas movement agreed on Wednesday to an Egyptian-sponsored ceasefire

FOREX-Yen falls 3rd day vs dollar on BoJ policy expectations

by on November 16, 2012 5:31 pm BST
Fri Nov 16, 2012 12:31pm EST * Dollar/yen at day's high, option barrier at 81.50 cited* Dollar heads for best week vs yen since late June* Euro under pressure as worries about Greece weigh* ECB's Weidmann says Greece would have to earn haircutBy Julie HavivNEW YORK, Nov 16 (Reuters) - The yen fell for

Norway push for Arctic research

by on November 6, 2012 3:03 pm BST
The centre, aimed at building up a research and development environment for Arctic innovation, is due to be launched next year with combined annual funding of Nkr10 million ($1.75 million) from both the energy and foreign ministries. The Norwegian Research Council is now making funds available for R&D projects

Robotic rig a drilling ‘revolution’

by on October 30, 2012 1:29 pm BST
West Drilling Products, a subsidiary of West Group, is touting the rig as an innovative breakthrough as it can facilitate fully automated and constant drilling operations by enabling drillpipe and casing to be fed continuously into the well with full circulation.With today’s technology, drilling has to be halted every 30