This post continues here: It is a continuation of: Most recent update is on top; order is inverted.

Tuesday, August 19, 2014

large stop moorcide deer

Reuters accurately notes the dangers-risks associated with aging nuclear reactors. However, they start off inaccurately stating that sources other than wind and solar will be needed as backup. Have they never heard of energy storage, like batteries? Also, they fail to mention that there are other safe alternative backups like hydro and bio-waste fuels.

Reuters News Feed Selection

INSIGHT-The cost of caring for Europe’s elderly nuclear plants
Posted:Sun, 17 Aug 2014 08:00:00 GMT
* Cost of revenue loss, maintenance rise longer they offline

UPDATE 1-British Columbia gov’t review to look at all mine tailings ponds
Posted:Mon, 18 Aug 2014 14:52:38 -0400
VANCOUVER, Aug 18 (Reuters) – The Canadian province of British Columbia said on Monday it has ordered an independent review of all tailings ponds at every permitted mine in the province in the wake of a major spill at Imperial Metals Corp’s Mount Polley mine.

UPDATE 1-Ukraine conflict causes its July industrial output to plummet
Posted:Mon, 18 Aug 2014 09:43:03 -0400
(Adds output figures for Luhansk, Donetsk, background on effect of fighting)

UPDATE 1-Australia’s Arrium sees strong iron ore demand, shares jump
Posted:Mon, 18 Aug 2014 21:54:25 -0400
* Iron ore cash costs at A$48 a tonne beat company forecast

Oregon denies construction permit for coal export terminal
Posted:Tue, 19 Aug 2014 00:30:09 GMT
SAN FRANCISCO, Aug 18 (Reuters) – Oregon on Monday denied Ambre Energy’s request for a permit to build a coal export terminal on the Columbia River, saying the project was not in the best interests of the state’s water resources.

Japan’s JX eyes Indonesia, Vietnam for 1st big refining push into Asia
Posted:Mon, 18 Aug 2014 21:00:00 GMT
TOKYO, Aug 19 (Reuters) – JX Nippon Oil & Energy Corp is looking at building refineries and petrol stations in Indonesia and Vietnam as fuel consumption slumps at home, in what would be its first major downstream oil investment in Asia outside Japan.

Italian antitrust agency probes Eni’s wholesale gas market share
Posted:Mon, 18 Aug 2014 18:59:41 GMT
MILAN, Aug 18 (Reuters) – Italy’s competition watchdog said it was investigating whether oil and gas group Eni controlled a bigger share of the domestic wholesale gas market between April 2013 and March 2014 than the 54 percent level it had declared.

Russian oil prices fall below $100/barrel, straining budget
Posted:Mon, 18 Aug 2014 17:20:13 GMT
MOSCOW, Aug 18 (Reuters) – Russian Urals crude weakened for an eight straight trading day on Monday due to weak European refining demand, falling well below $100 a barrel for the first time in a year in a move to increase the pain for Russian state finances amid Western sanctions.

REFILE- UPDATE 1-Brazilian environmentalist upends presidential race
Posted:Mon, 18 Aug 2014 16:48:42 GMT
BRASILIA, Aug 18 (Reuters) – Environmentalist Marina Silva will enter Brazil’s presidential race in a strong second place, backed by 21 percent of voters, and could overtake President Dilma Rousseff in a second-round runoff, a poll showed on Monday.

UPDATE 1-China’s CNOOC Hizhou petchem plant wants U.S. LPG as feedstock
Posted:Mon, 18 Aug 2014 12:02:17 GMT
HONG KONG, Aug 18 (Reuters) – A new Chinese petrochemical plant plans to use rising exports of U.S. liquefied petroleum gas (LPG), part of the shale boom, as a cost-saving feedstock, joining other plants on China’s east coast.

INSIGHT-RPT-Slow pace of rail recovery stirs fear of future woes
Posted:Mon, 18 Aug 2014 12:05:27 GMT
TORONTO, Aug 15 (Reuters) – More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays lingering, raising the risk of a second winter of chaos on the rails.

UPDATE 1-Rio Tinto to review stake in closed Papua New Guinea copper mine
Posted:Sun, 17 Aug 2014 23:18:46 -0400
* Rio Tinto in early stages of talks with Bougainville government

RPT-UPDATE 5-BHP Billiton set to spin off unwanted assets
Posted:Sun, 17 Aug 2014 22:23:19 GMT
MELBOURNE/LONDON, Aug 15 (Reuters) – Diversified mining company BHP Billiton declared its preference for a demerger of its aluminium, manganese and nickel assets on Friday, setting the stage for the formation of a separate business that could be worth at least $12 billion.

WRAPUP 4-Ukraine separatist leader says rebels getting tanks and reinforcements
Posted:Sat, 16 Aug 2014 19:46:13 GMT
* Biden, Merkel make supportive calls to Ukrainian leader

Ukraine starts test imports on gas link from Slovakia
Posted:Sat, 16 Aug 2014 17:10:41 GMT
KIEV, Aug 16 (Reuters) – Ukraine has begun test imports of gas from Slovakia via an upgraded pipeline, the head of Ukrainian state-owned gas company Naftogaz said on Saturday, as the country tries to secure greater energy independence from Russia.

UPDATE 1-Oil cargo from Iraqi Kurdistan has arrived in Croatia-source
Posted:Sun, 17 Aug 2014 10:25:59 GMT
ZAGREB, Aug 17 (Reuters) – A delivery of crude oil from Iraqi Kurdistan has arrived at Croatia’s Adriatic sea port of Omisalj, a Croatian government source said on Sunday, confirming a report by daily newspaper Jutarnji List late on Saturday.

Brazil makes progress on saving forests, Indonesia risks setbacks-report
Posted:Mon, 18 Aug 2014 04:30:00 GMT
OSLO, Aug 18 (Reuters) – Brazil has made good progress in safeguarding the Amazon rainforest but Indonesia’s plans for its forests could face setbacks under a new government, a report commissioned by top forest aid donor Norway said on Monday.

African Minerals names new CEO, gets $248 mln cash injection
Posted:Fri, 15 Aug 2014 12:49:35 -0400
Aug 15 (Reuters) – Sierra Leone-focused miner African Minerals named a new chief executive and said it had obtained $248 million in cash through an agreement with China’s Shandong Iron and Steel Group (Shandong).

UPDATE 5-BHP Billiton set to spin off unwanted assets
Posted:Fri, 15 Aug 2014 11:23:13 -0400
* Shares up 2 pct, outperform UK mining sector (Adds net debt figure, demerger options for UK investors)

UPDATE 1-Cliffs director resigns; miner must pay ex-CEO $11 million
Posted:Fri, 15 Aug 2014 10:18:04 -0400
Aug 15 (Reuters) – One of Cliffs Natural Resources Inc’s few incumbent directors has stepped down and delivered a stinging resignation letter, filings showed on Friday, as the miner separately said it was on the hook for millions of dollars in payments to its former chief executive officer and others in the wake of a proxy fight.

UPDATE 2-Silver market reboots century-old price benchmark
Posted:Fri, 15 Aug 2014 08:28:06 -0400
* Process done using online ‘equilibrium auction’ (Releads, adds comment, detail)
End Reuters News Feed Selection

Monday August 18, 2014

BLM Wild Horses Grazing Wyoming
US BLM, Wild Horses Grazing in Wyoming

New Posts:

WRAPUP 2-Ukraine says its troops make breakthrough in rebel stronghold Posted:Sun, 17 Aug 2014 12:03:49 GMT
* Kiev says flag raised over police station in city of Luhansk

Sunday August 17, 2014

New Post:

Saturday August 16, 2014 update

Prairie Island NGS surrounded by water

We accidentally failed to upload the last page of the public comment to the EPA featured in this post: Among other things, the missing page made the important point of the potential risk of radioactive effluents coming from storing radioactive waste on site. We share the concerns of the Prairie Island American Indian Community about the risks of storing radioactive waste on the site of the Prairie Island Nuclear Generating Facility, especially in a flood plain. However, the risks of moving waste are also high. But, the casks stored on site must be well-monitored and we fear that they will not be. As well, it seems that it would be hard to verify if they are leaking, if they are sealed in concrete and especially on the underside. We aren’t speaking here about these particular casks, about which we know little, but about the more general topic of putting waste in casks and sealing them in concrete. Many seem to think that this is a quick-fix easy solution for waste storage, but it is not. Just looking at google maps this site looks especially problematic, due to all of the surrounding water. Simply looking at the map one can guess that there are probably problems of subsidence and cracking of any concrete foundations on site.

August 16, 2014

New Post:

The following is the update to this post,
Suddenly, as of Friday, there are 24,067 comments received (not posted) on the radiation rules docket, “Environmental Radiation Protection Standards for Nuclear Power Operations – 40 CFR 190”, even though the docket is closed and the number was 23,959 on Thursday.!docketDetail;D=EPA-HQ-OAR-2013-0689 The US EPA worker(s) in charge of the radiation rule files appears to have come back from 2 1/2 days holiday for Friday afternoon DC time. We haven’t figured out what holiday that was! Assumption was Friday, but is not a US holiday, and they worked Friday. They managed to upload a whole 11 comments sent in last June. Now these aren’t long posts. These aren’t the comments with many appendices often sent in by nuclear lobbyists. These comments are between 1/2 page and 1 page. One might guess that they had been lost, since they date from June. They seem to have been e-mailed in with names, which makes us wonder how many others might be lost? An excerpt from one of the comments from June, uploaded only today:
June lost comment excerpt
The EPA claims to have gotten a repetitive “mass mailing” and deleted 23,592 comments. This number seems to come from the 23,592 signatures (we count 24,067) from Food Water Watch, which was one upload (550 pages of signatures). If this could account for many missing, it still leaves 575 of which 376 have been uploaded. The EPA, by the way, uploaded two comments from the US NRC, long ago, one of which is 24 pages long. How this is “public comment” is unfathomable. 8 pages of comment with an additional 40 pages of appendices plus about a page of references from a facility supervisor of Kennecott uranium, a uranium mining subsidiary of Rio Tinto, were received and uploaded in June. Multiple comments from or on the behalf of nuclear power plants were uploaded. One anonymous comment is someone alleging to work at the DOE lab. We have already mentioned that Energy Solutions nuclear waste company sent in their lengthy comment late. It too was posted ahead of the short public comments sent in June, posted only today. Going back to the PAGS, radiological emergency comments, from last September, they alleged to have deleted 2,704 and then 2,090 as repetitive. In this case there is no real evidence given regarding the deleted posts, which appear to have been signed by name. Only one sample remains. They posted only 202 comments. If they really deleted 4,794 of 4,996 comments then there are only two missing still from last September.

The big thing which came out of our last months of research is that for all practical purposes there are no US EPA standards for radiation. While this decision was made in 1977, the decision has also been made by the EPA not to update standards. If they had real standards they might have work to do called enforcement. While on the topic, it is worth noting that, in general, there are only one or two so-called EPA “Rad-net” monitors per state and they are not always near nuclear facilities and they are checked by unpaid volunteers. One state has no monitor. Additionally, many are often down: “At the time of Fukushima, on March 11, 2011, 25 of the 124 installed RadNet monitors, or 20 percent, were out of service. They had been out of service for an average of 130 days. All monitors were reported to have been repaired by April 8, 2011. In addition, 6 of the 12 RadNet monitors sampled by the OIG had gone over 8 weeks without a filter change; two of those for over 300 days.” See the ugly details here:

We are also unable to find the status of the EPA PAGS document, which appears criminal in nature, (and needs to be discussed at a future date). We are not exaggerating. It seems very bad. Part is dependent on current US FDA food standards which are 15 times less protective than Japanese ones, suggesting that Americans may be better off in Japan even without an emergency, because Japan is probably shipping their contaminated food to the US, along with Australia and Canada, who also have weak “standards”. Here is one comment about PAGS. To the extent that we have examined PAGS, along with the US FDA “standards”, he appears accurate. Since the US, Canada and Australia were mostly the unwanteds of Europe, maybe we shouldn’t be surprised?
Comment re PAGS by retired military
Another telling comment:
EPA not doing job comment Condoleeza
We have opted to make these comments anonymous though the originals have names, which are public record.

Reuters News Feed Selection

WRAPUP 6-Kiev says forces destroyed Russian armour inside Ukraine
Posted:Fri, 15 Aug 2014 23:30:55 GMT
* Ukraine says partially destroyed armoured column from Russia

UPDATE 1-Russian aid convoy checked; military vehicles mass near Ukraine
Posted:Fri, 15 Aug 2014 08:43:10 GMT
* Ukrainian border guards cross to inspect (Recasts with Ukrainians inspecting cargo)

UPDATE 1-EU gives European governments go-ahead to arm Iraqi Kurds
Posted:Fri, 15 Aug 2014 18:35:19 GMT
* EU studying how to stop Islamic State oil sales (Adds quotes, background)
Reuters News Feed Selection Ends
Other Reuters News on Mining and Energy, of a more routine nature, will be posted later.

Friday, 15 August 2014

New Posts:

Doel NPS river

Reuters News Feed Selection

UPDATE 2-Belgian Doel 4 nuclear reactor closed till year-end
Posted:Thu, 14 Aug 2014 16:06:28 GMT
* Further outage set to impact GDF Suez earnings (Adds GDF Suez quote on sabotage, detail on capacity)

UPDATE 3-Centamin says Egypt gold mine case could extend into 2015
Posted:Thu, 14 Aug 2014 09:19:14 -0400
* Co maintains 2014 production target of 420,0000 ounces of gold (Updates share price)

UPDATE 1-Russia, Ukraine, EU leaders to hold talks on gas, trade disputes
Posted:Thu, 14 Aug 2014 20:46:32 GMT
* Putin, Poroshenko, Barroso expected to meet face-to-face

Silver market reboots century-old price benchmark
Posted:Thu, 14 Aug 2014 19:01:00 -0400
LONDON, Aug 15 (Reuters) – The silver market enters a new electronic era in benchmarking on Friday after a regulatory drive for more transparency in price setting brought the 117-year-old silver ‘fix’ to an end.

UPDATE 2-Paulson holds onto gold ETF, Soros adds gold miners in quarter
Posted:Thu, 14 Aug 2014 18:41:09 -0400
NEW YORK, Aug 14 (Reuters) – Hedge fund Paulson & Co maintained its stake in the world’s biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter, while Soros Fund Management LLC sharply boosted his investment in gold mining stocks.

Targeting global trading power, top metals user China taps Singapore
Posted:Thu, 14 Aug 2014 17:00:00 -0400
* More than 100 metals, minerals traders have set up in Singapore

U.N. Security Council to target Iraq, Syria militants on Friday
Posted:Thu, 14 Aug 2014 19:23:21 GMT
UNITED NATIONS, Aug 14 (Reuters) – The United Nations Security Council is set to try and weaken Islamist militants in Iraq and Syria on Friday by blacklisting six people and threatening sanctions against those who finance, recruit or supply weapons to the insurgents, diplomats said.

Rail oil tankers, victim of U.S. safety rules, also unwanted in Canada
Posted:Thu, 14 Aug 2014 19:08:47 GMT
WASHINGTON/CALGARY, Aug 14 (Reuters) – Thousands of oil train tankers soon to be deemed obsolete in the United States are unlikely get a second life in Canada’s oil sands industry, undercutting a U.S. government forecast that the costly cars will continue in use in the energy sector.

Poland considering sanctions on import of Russian coal
Posted:Thu, 14 Aug 2014 18:17:33 GMT
WARSAW, Aug 14 (Reuters) – Poland is considering imposing sanctions on the import of Russian coal, Foreign Minister Radoslaw Sikorski said on Thursday.

Conflict-hit coal sector casts shadow on Ukraine electricity market
Posted:Thu, 14 Aug 2014 13:08:38 -0400
KIEV, Aug 14 (Reuters) – Intense fighting in eastern Ukraine has forced coal mines to cut production or close entirely, imperilling the country’s electricity market and potentially forcing the government to cut exports or limit consumption.

UPDATE 2-Plug Power revenue doubles as fuel cell demand soars
Posted:Thu, 14 Aug 2014 12:07:25 -0400
* Shares rise as much 10.6 pct (Adds details from the conference call, updates shares)

ArcelorMittal sends letter of intent for Ilva plant -sources
Posted:Thu, 14 Aug 2014 11:55:49 -0400
BARI, Italy, Aug 14 (Reuters) – ArcelorMittal, the world’s largest steelmaker, has sent a non-binding expression of interest for troubled Italian steelmaker Ilva, trade union sources said on Thursday.

UPDATE 2-Shell sells more U.S. gas assets, adds acreage in Pennsylvania, Ohio
Posted:Thu, 14 Aug 2014 11:04:26 -0400
* Will get $2.1 billion and assets in Marcellus and Utica fields (Recasts, updates throughout)

UPDATE 2-K+S profit beats view on insurance windfall, prices
Posted:Thu, 14 Aug 2014 10:35:38 -0400
* Q2 adj EBIT 157.3 mln euros vs Rtrs poll avg 103 mln euros

Iraq’s Islamic fighters profit from oil sales -U.S. officials
Posted:Fri, 15 Aug 2014 00:16:08 GMT
WASHINGTON, Aug 14 (Reuters) – Islamic State militants fighting in Iraq are selling oil from oilfields and refineries they control to local communities and smugglers, augmenting their existing ample finances, U.S. intelligence officials said on Thursday.

UPDATE 1-Buffett’s Berkshire reveals Charter stake, cuts DirecTV
Posted:Thu, 14 Aug 2014 22:19:04 GMT
NEW YORK, Aug 14 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. Reuters News Feed Ends

Thursday, 14 August 2014

New posts:

Mitsubishi Zero-Yasukuni, photo by Paul Richter, CC-By-SA-3.0, via Wikimedia Kamikaze plane
Mitsubishi Zero-Yasukuni, photo by Paul Richter, CC-By-SA-3.0, via Wikimedia

During the Second World War, Mitsubishi manufactured aircraft… The Mitsubishi A6M (“Zero”) was a primary Japanese naval fighter in World War II. It was used by Imperial Japanese Navy pilots throughout the war, including in kamikaze attacks during the later stages

Mitsubishi [allegedly] made use of forced labor during this time period. Laborers included allied POWs, as well as Chinese and Korean citizens. In the post-war period, lawsuits and demands for compensations were presented against the Mitsubishi Corporation, in particular by former Chinese slave laborers.

Mitsubishi was [allegedly] involved in the opium trade in China during this period.” (Emphasis added)

Reuters News Feed Selection

UPDATE 2-Glencore posts solid growth in copper; nickel, zinc output dip
Posted:Wed, 13 Aug 2014 04:12:10 -0400
* Coal prices still a drag on Glencore – analyst (Adds production data, comments, Koniambo details)

UPDATE 3-Mexico hopes to lure $50.5 billion in historic oil tender
Posted:Wed, 13 Aug 2014 23:17:46 GMT
(Adds details on the tender rounds, allocations, joint ventures)

U.S. threatens sanctions on those blocking peace deal in South Sudan
Posted:Wed, 13 Aug 2014 20:34:14 GMT
WASHINGTON, Aug 13 (Reuters) – The United States is considering sanctions on anyone impeding attempts to reach a peace agreement in South Sudan and, in particular, anyone committing human rights abuses, State Department spokeswoman Marie Harf said on Wednesday.

UPDATE 3-EU looking at how to stop Islamic State oil sales from Syria
Posted:Wed, 13 Aug 2014 20:16:02 GMT
* Some fear arms will fall into hands of Islamic State (Recasts with debate on oil sanctions)

UPDATE 1-Poland’s JSW swings to H1 loss on falling coal prices
Posted:Wed, 13 Aug 2014 16:49:09 GMT
WARSAW, Aug 13 (Reuters) – Poland’s JSW, the European Union’s largest coking coal miner, said it swung to a net loss of 343 million zlotys ($109.4 million) in the first half of the year due to falling coal prices and lower output.

UPDATE 2-Canadian Solar says projects to offset U.S. duties impact
Posted:Wed, 13 Aug 2014 15:14:27 GMT
* Expects panel shipments to rise to 720-750 MW in 3rd-qtr

UPDATE 1-Ukrainian sanctions would not ‘automatically’ hit Gazprom – Naftogaz
Posted:Wed, 13 Aug 2014 15:13:15 GMT
KIEV, Aug 13 (Reuters) – Ukrainian state-owned gas company Naftogaz said proposed Ukrainian sanctions against Russia would not necessarily target Russian gas monopoly Gazprom.

UPDATE 1-Iran’s Supreme Leader says interaction with US limited to nuclear talks
Posted:Wed, 13 Aug 2014 14:31:36 GMT
DUBAI, Aug 13 (Reuters) – Iran’s Supreme Leader Ayatollah Ali Khamenei said on Wednesday nuclear talks with world powers would continue, but added there was no point in holding negotiations with the United States on other issues.

UPDATE 2-EU regulators say Germany, others in breach of energy law
Posted:Wed, 13 Aug 2014 14:03:46 GMT
* Member states have two months to reply to warning letters (Adds German government comment)

Thailand looking to produce ethanol from rotten rice stocks – officials
Posted:Wed, 13 Aug 2014 08:08:26 GMT
* Costs of rice-made ethanol may be too high -association

Asia buyers of U.S. oil struggle on tight ship supply
Posted:Wed, 13 Aug 2014 08:03:43 GMT
NEW YORK/SINGAPORE, Aug 13 (Reuters) – Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.-Asia oil trade flows grow.

UPDATE 3-E.ON profit falls as weak rouble hits Russian business
Posted:Wed, 13 Aug 2014 12:36:55 GMT
* Keeps 2014 view, expects 3rd straight year of falling profits

Japan ‘strongly protests’ Russia maneuvers on disputed isles
Posted:Wed, 13 Aug 2014 19:44:26 GMT
TOKYO (Reuters) – Japan “strongly protested” on Wednesday exercises by the Russian military on Pacific islands that it also claims and which have been at the root of strained relations between the two countries since the end of World War Two.

Ukraine accuses Russia of cynicism over convoy; death toll rises sharply
Posted:Wed, 13 Aug 2014 17:29:28 GMT
KIEV/VORONEZH Russia (Reuters) – Ukraine described Russia’s dispatch of an aid convoy advancing now towards its border as a cynical act designed to fan a pro-Russian rebellion the UN said on Wednesday had claimed nearly 1,000 lives, fighters and civilians, in two weeks.

NATO nears agreement on beefing up presence in eastern Europe: Poland
Posted:Wed, 13 Aug 2014 16:29:54 GMT
WARSAW (Reuters) – NATO member states are close to reaching consensus over steps to beef up the alliance’s military presence in eastern Europe in response to Russia’s intervention in Ukraine, Polish Foreign Minister Radoslaw Sikorski said on Wednesday in an interview.

EU’s Ashton ready to call special meeting on Iraq, Ukraine
Posted:Wed, 13 Aug 2014 12:46:07 GMT
BRUSSELS (Reuters) – European Union foreign policy chief Catherine Ashton is ready to call a special foreign ministers’ meeting as early as this week and is talking to EU governments about it, a spokesman said on Wednesday.
Reuters News Feed Selections Ends

Wednesday, 13 August 2014


UK Nuclear Power Wikipedia

Reuters News Feed Selection

UPDATE 1-Japan’s Tepco may hive off hydro, renewable energy operations-sources
Posted:Tue, 12 Aug 2014 08:39:48 GMT
TOKYO, Aug 12 (Reuters) – Tokyo Electric Power Co may hive off its hydropower and renewable energy operations into a separate unit, people with knowledge of the matter said, in another element to a revamp as it tries to recover from the Fukushima nuclear disaster of 2011.

S.Africa’s Ramaphosa says miners’ living conditions “inhumane”
Posted:Tue, 12 Aug 2014 12:13:01 -0400
* Probe is looking into police killing of 34 striking miners

UPDATE 2-Embroiled in bribery case, India’s Bhushan says servicing debt
Posted:Tue, 12 Aug 2014 09:09:41 -0400
* Banks supporting company so far – finance director (Adds details, context, quote from lender)

Nine miners trapped after Turkish mine collapse – media reports
Posted:Tue, 12 Aug 2014 10:17:16 GMT
ISTANBUL, Aug 12 (Reuters) – Nine miners were trapped in a Turkish coal mine in the Black Sea province of Zonguldak on Tuesday after part of the structure collapsed, state broadcaster TRT Haber reported.

Swiss solar supplier Meyer Burger’s net loss widens
Posted:Tue, 12 Aug 2014 08:57:57 GMT
ZURICH, Aug 12 (Reuters) – Swiss solar industry supplier Meyer Burger posted a bigger-than-expected net loss in the first half of the year as investments in machinery outweighed rising sales and orders.

Turquoise Hill aims to end Mongolia tax dispute before deadline
Posted:Tue, 12 Aug 2014 20:12:51 -0400
VANCOUVER, British Columbia, Aug 12 (Reuters) – Turquoise Hill Resources is working to resolve a tax dispute with the Mongolian government before an extension runs out on funding commitments for the underground expansion of its Oyu Tolgoi gold and copper mine, the company’s chief executive officer said on Tuesday.

Trafigura’s Brazil iron ore port may not open until 2015 -steel CEO
Posted:Tue, 12 Aug 2014 19:10:58 -0400
SAO PAULO, Aug 12 (Reuters) – The opening of Brazil’s iron ore export terminal Porto Sudeste might be pushed back to next year, according to the CEO of steelmaker Usiminas, which has a contract to ship ore through the port.

UPDATE 1-Poland’s Lotos plans 1 bln zloty share issue, asset write-down
Posted:Tue, 12 Aug 2014 14:03:12 -0400
* Lotos plans to raise outstanding shares by up to 42.35 pct

UPDATE 3-Two dead, eight wounded in Ecuador earthquake
Posted:Tue, 12 Aug 2014 23:54:10 GMT
QUITO, Aug 12 (Reuters) – Two people were killed in Ecuador on Tuesday after a 5.1 magnitude earthquake struck near the capital of Quito, with eight others wounded and rescue workers still seeking to free others trapped after the tremor.

Schlumberger expects Russia sanctions to hurt earnings
Posted:Tue, 12 Aug 2014 12:21:15 GMT
Aug 12 (Reuters) – Schlumberger Ltd, the world’s largest oilfield services company, said it expected U.S. and EU sanctions on Russia to hurt earnings by 3 cents per share in the third quarter.

UPDATE 1-Ukraine moves towards passing law for sanctions against Russia
Posted:Tue, 12 Aug 2014 12:49:02 GMT
* Sanctions could hit 172 individuals, 65 Russian companies

UPDATE 1-Serbia to investigate privatisation of state oil firm NIS
Posted:Tue, 12 Aug 2014 15:28:01 GMT
* Government facing scrutiny over airline sale (Updates with Gazprom Neft reaction)

UPDATE 1-Talks between Argentina holdouts and banks stall -sources
Posted:Tue, 12 Aug 2014 17:14:54 GMT
NEW YORK, Aug 12 (IFR) – Argentina’s holdout creditors and international banks are struggling to strike a deal on the sovereign’s debt, sources close to the situation said on Tuesday.

Oil tankers in limbo show Kurds losing access to U.S. market
Posted:Tue, 12 Aug 2014 19:36:50 GMT
LONDON/HOUSTON, Aug 12 (Reuters) – U.S. refiners will refrain from buying more Kurdish crude oil until a long-running dispute between Baghdad and Iraqi Kurdistan is settled, while Washington urges both sides to set aside their differences and helps them tackle Sunni militants.”
Reuters News Feed Selection Ends

Tuesday, 12 August 2014

New post:

S. Korea “detected caesium 137 at a higher than allowed“, in scrap metal imported from Japan. (Reuters, below) So, how much was “higher than allowed“? The nuclear waste dumping on other countries is in progress. Those with weaker standards will get dumped on to the limit possible and according to their vigilance. Caveat Emptor, may the buyer beware! It is very difficult to check for low levels of radiation in objects, especially alpha radiation, due to variability in background levels. The export of low level nuclear waste can hide under background and is part of the dilute and deceive concept promoted by the nuclear industry and the US and UK governments. Whatever Japan exported was apparently not very low level or they wouldn’t have been caught!

See also: “Please tell Department of Energy Secretary Ernest Moniz that we do not want radioactive waste in the marketplace nor in our zippers, frying pans, cars, houses and baby toys.

Nuclear reactors in northern England to be shut down due to faults Defects found in boiler units lead to four reactors being taken offline, two at Heysham 1 and two at Hartlepool, for eight weeks“, by Josh Halliday,, Monday 11 August 2014 12.23 BST

Lazy US EPA managed to add 56 comments out of over 23,000 outstanding today. The process should be automated! At this rate it will take them over a year to post comments. If you look at posts added within the last week or two, top place now belongs to someone who alleges to work as a contractor for the US DOE, but is anonymous and full of typical misleading pro-nuclear hogwash, and who, like Energy Solutions, turned in their comment LATE. Also, Energy Solutions is still on page one. People’s complaints seem to have led to this shifting around. Forget “self-perpetuating bureaucracies”, the US government appears largely full of self-perpetuating jerks.

Reuters News Feed Selection

UPDATE 1-S.Korea to return 20 kg Japanese steel scrap due to radiation contamination
Posted:Mon, 11 Aug 2014 04:26:03 -0400
* To return 20 kg after importing 20 tonnes on Aug 7 -spokeswoman

Alaska senator urges Kerry to help make Canada mines safe
Posted:Mon, 11 Aug 2014 17:50:33 -0400
WASHINGTON, Aug 11 (Reuters) – A U.S. senator from Alaska concerned about salmon fishing and tourism urged the State Department in a letter released on Monday to help ensure that Canadian metal mines are safe after a major spill of waste into waterways near the Alaska border.

After offshore oil failure, Cuba shifts energy focus
Posted:Mon, 11 Aug 2014 16:54:22 GMT
HAVANA, Aug 11 (Reuters) – Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry say.

Brazil readies big push on solar energy but companies are wary
Posted:Mon, 11 Aug 2014 20:21:15 GMT
SAO PAULO (Reuters) – Grappling with its worst energy crisis in more than a decade, Brazil is making its first big move to develop a local solar power industry that could help reduce its dependence on a battered hydro power system.

‘Houses are bouncing;’ quakes trigger controls on Oklahoma oil industry
Posted:Sat, 09 Aug 2014 11:06:03 GMT
GUTHRIE Oklahoma (Reuters) – Inside the small U-Haul rental office in Guthrie, Oklahoma, Tami Boxley routinely deals with something that once was rare: the rattling, booming roll of the earth.

REFILE-UPDATE 1-Norbord upbeat on Europe but sees no uptick in prices for now
Posted:Mon, 11 Aug 2014 10:30:18 -0400
(Corrects paragraph 11 to say “working on plans to build” instead of “plans to build”. In paragraph 12, adds phrase “if approved by the board”.)

UPDATE 1-Protesters disrupt “massacre” evidence by South Africa’s Ramaphosa
Posted:Mon, 11 Aug 2014 10:07:10 -0400
* Deputy president facing questions over “Marikana massacre”

REFILE-Indonesia ban on nickel ore, bauxite exports to stay – officials
Posted:Mon, 11 Aug 2014 09:19:53 -0400
(Adds link to table of smelter investments) By Fergus Jensen JAKARTA, Aug 11 (Reuters) – Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said. Indonesia – previously the world’s top exporter of nickel ore and a major bauxite producer – effectively halted all but processed metal shipments in January in an effort to force miners to

China Reinsurance Corp plans $2 bln IPO in Hong Kong – WSJ
Posted:Mon, 11 Aug 2014 05:07:45 -0400
Aug 11 (Reuters) – State-owned China Reinsurance Corp, the country’s biggest reinsurer, plans an initial public offering of up to $2 billion in Hong Kong, the Wall Street Journal reported, citing people with direct knowledge of the deal.

Japan’s Nippon Steel, Krakatau to build Indonesia steel plant
Posted:Mon, 11 Aug 2014 03:42:41 -0400
TOKYO, Aug 11 (Reuters) – Japan’s Nippon Steel & Sumitomo Metal Corp said on Monday it and Indonesia’s largest steelmaker PT Krakatau Steel have signed a definitive agreement to produce automotive flat steel in Indonesia through a joint venture.

UPDATE 2-Mexican president signs landmark energy reform into law
Posted:Mon, 11 Aug 2014 22:24:45 GMT
(Adds comment from ExxonMobil spokesman, Credit Suisse report, paragraphs 9-12)

UPDATE 4-Top U.S. pipeline CEO Kinder sees new acquisitions; units soar
Posted:Mon, 11 Aug 2014 21:46:22 GMT
(Adds comments from IRS, fund manager seeing few similar deals)

REFILE-US STOCKS-Wall St ends up for second day on hopes for Russia relief
Posted:Mon, 11 Aug 2014 21:36:12 GMT
(Refiles to fix typographical error in paragraph 3 by removing extraneous letter ‘t’ from ETF’s name)

UPDATE 1-U.S. Treasury looking at increase in master limited partnerships
Posted:Mon, 11 Aug 2014 21:22:14 GMT
WASHINGTON, Aug 11 (Reuters) – The U.S. Treasury Department is looking into increased use by companies of the master limited partnership (MLP) as a business structure, a department spokesperson said on Monday, hours after a pioneering user turned its back on the MLP.

UPDATE 9-U.S. oil edges up on expectations of inventory drawdown
Posted:Mon, 11 Aug 2014 20:05:03 GMT
* Traders move to narrow spread between U.S. crude and Brent

UPDATE 1-U.S. refiner Axeon say won’t take disputed Kurdish crude
Posted:Mon, 11 Aug 2014 17:56:04 GMT
HOUSTON, Aug 11 (Reuters) – U.S. refiner Axeon Specialty Products will not buy or accept delivery of any cargoes of disputed Kurdish crude oil for its Paulsboro, New Jersey, refinery, according to a company news release received on Monday.

UPDATE 3-Ukraine may force changes in Russian gas transit to Europe
Posted:Mon, 11 Aug 2014 16:03:31 GMT
* Ukraine previously promised to guarantee gas transit to EU

REFILE-Indonesia ban on nickel ore, bauxite exports to stay – officials
Posted:Mon, 11 Aug 2014 13:19:53 GMT
(Adds link to table of smelter investments) By Fergus Jensen JAKARTA, Aug 11 (Reuters) – Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said. Indonesia – previously the world’s top exporter of nickel ore and a major bauxite producer – effectively halted all but processed metal shipments in January in an effort to force miners to

UPDATE 1-Islamic State beheads, crucifies in push for Syria’s east
Posted:Mon, 11 Aug 2014 12:56:41 GMT
* Islamic State executes 25 in Deir al-Zor province (Adds quote from Deir al-Zor resident, changes byline)

Ukraine suggests major revision for Gazprom-EU gas deals
Posted:Mon, 11 Aug 2014 12:40:22 GMT
KIEV, Aug 11 (Reuters) – Ukraine said on Monday European companies would have to agree major contract revisions when purchasing Russian gas if the country’s parliament imposed sanctions on Russian gas export giant Gazprom.

US STOCKS-Futures higher as Ukraine tensions ease
Posted:Mon, 11 Aug 2014 11:35:36 GMT
NEW YORK, Aug 11 (Reuters) – U.S. stock index futures were higher on Monday, indicating that Friday’s sharp rally could continue as it appeared less likely that the tense situation between Russia and Ukraine would escalate.

UPDATE 2-Kerry says formation of Iraqi government critical for stability
Posted:Mon, 11 Aug 2014 10:24:36 GMT
SYDNEY, Aug 11 (Reuters) – U.S. Secretary of State John Kerry said on Monday the formation of an Iraqi government was critical for stability and urged Prime Minister Nuri al-Maliki not to stoke political tension further.

UPDATE 1-Hess suspends Iraqi Kurdistan operations, evacuates staff
Posted:Mon, 11 Aug 2014 07:46:12 GMT
LONDON, Aug 11 (Reuters) – U.S. oil producer Hess Corp has suspended oil-drilling operations in Iraqi Kurdistan and started to evacuate non-essential staff amid spreading violence in the region, its minority partner Petroceltic said.

Happy birthday, Smokey Bear! Forest firefighting symbol turns 70
Posted:Fri, 08 Aug 2014 21:36:47 GMT
WASHINGTON (Reuters) – Smokey Bear, a symbol for generations of Americans of the dangers of forest fires and the star of the longest-running public service ad campaign in U.S. history, celebrated his 70th birthday on Friday.

Wyoming cave dig unearths bones of ancient horses, cheetahs and bison
Posted:Fri, 08 Aug 2014 21:23:02 GMT
(Reuters) – Scientists excavating an ancient Wyoming sinkhole containing a rare trove of fossils of Ice Age mammals have unearthed hundreds of bones of such prehistoric animals as American cheetahs, a paleontologist said on Friday.”

Monday, 11 August 2014

New post:

Comment on US EPA web site
EPA Rad Comment re abolition of EPA

Reuters News Feed Selection

U.S. weather forecaster lowers chance of El Nino in autumn
Posted:Thu, 07 Aug 2014 13:42:41 GMT
(Reuters) – A U.S. weather forecaster scaled down its estimate for the chances of the El Nino weather phenomenon occurring during autumn and early winter in the Northern Hemisphere to 65 percent, from an earlier estimate of 80 percent.

Geese stuck in drought-depleted California pond are rescued
Posted:Wed, 06 Aug 2014 22:21:21 GMT
LOS ANGELES (Reuters) – A group of about 50 flightless geese stranded at a California pond became easy prey for foxes and coyotes when drought conditions dried their watery home, but they have been rescued and sent to new homes, organizers of the effort said on Wednesday.

Hundreds evacuated from path of fast-growing Oregon wildfire
Posted:Thu, 07 Aug 2014 21:03:31 GMT
PORTLAND Ore. (Reuters) – A wind-whipped Oregon brush fire forced the evacuation of 600 people and shut a highway by Thursday as firefighters struggled against steady winds to tame the growing blaze and tamp down others across the U.S. Pacific Northwest, fire officials said.

Massive red tide bloom washing off Florida’s Gulf of Mexico coast
Posted:Thu, 07 Aug 2014 21:01:23 GMT
TAMPA Fla. (Reuters) – The largest red tide bloom seen in Florida in nearly a decade has killed thousands of fish in the Gulf of Mexico and may pose a greater health threat if it washes ashore as expected in the next two weeks, researchers said on Thursday.

U.S. regulators probing JPMorgan for conflicts of interest -WSJ
Posted:Fri, 08 Aug 2014 20:35:54 -0400
Aug 8 (Reuters) – The U.S. Securities and Exchange Commission is investigating whether JPMorgan Chase & Co inappropriately steered private-banking clients to its own investment products and away…

Australia’s Iron Ore Holdings up 47 pct on takeover offer
Posted:Sun, 10 Aug 2014 21:13:48 -0400
SYDNEY, Aug 11 (Reuters) – Shares in Australia’s Iron Ore Holdings rose 47 percent on Monday to A$1.40 after larger rival BC Iron launched a friendly takeover bid at a hefty premium.

South Korea’s Hyundai, Doosan suspend work on Libyan power plant
Posted:Sun, 10 Aug 2014 14:35:03 GMT
TRIPOLI, Aug 10 (Reuters) – South Korea groups Hyundai and Doosan have suspended construction of a 1,400 megawatt Libyan power plant in the town of Sirte because of security concerns, the plant managing director and a town council spokesman said.

China State Grid quietly builds Mediterranean power network
Posted:Sun, 10 Aug 2014 08:13:22 GMT
PARIS/HONG KONG/MILAN, Aug 10 (Reuters) – The European Commission has long wanted the continent’s power grids to work in unison for reasons of efficiency and supply security, so far to little avail, but a regional power network could soon be a reality, courtesy of State Grid Corporation of China.

Kurdish forces seize back two towns from insurgents -Kurdish official
Posted:Sun, 10 Aug 2014 14:55:35 GMT
BAGHDAD, Aug 10 (Reuters) – Kurdish forces, supported by U.S. air strikes, took back two towns in northern Iraq from Islamic State militants but it will take time to turn the tide of the conflict, a senior Kurdish official told Reuters.

UPDATE 4-Kinder Morgan to fold units into one company in $70 bln deal
Posted:Mon, 11 Aug 2014 00:41:14 GMT
Aug 10 (Reuters) – Top U.S. pipeline company Kinder Morgan Inc said on Sunday it will put all its publicly traded units under one roof in a $70 billion deal, responding to investor concerns about its growth prospects and complicated financial structure.

RPT-WRAPUP 8-Maliki defiant as his special forces deploy in Baghdad
Posted:Sun, 10 Aug 2014 23:37:10 GMT
* Maliki’s special forces deploy in Baghdad after defiant speech

WRAPUP 6-Iraq accuses Islamic State of Yazidi atrocity, U.S. conducts new strikes
Posted:Sun, 10 Aug 2014 22:19:14 GMT
* Minister says some victims buried alive, women kidnapped

Chad says to take CNPC to Paris tribunal over oil dumping
Posted:Sun, 10 Aug 2014 19:50:25 GMT
N’DJAMENA, Aug 10 (Reuters) – Chad plans to take China National Petroleum Corporation (CNPC) to an arbitration court in Paris after talks stalled over its claim for $1.2 billion from the state-owned firm in compensation for breaking environmental rules, a senior official said.”

Sunday, 10 August 2014

New post:

Arctic Drilling area Rosneft
Area of Rosneft-Exxon-Mobil Arctic Drilling

Rosneft’s history of leaks – to be continued in the Arctic?Blogpost by Gerogy Timofeev – 29 August, 2013

Greenpeace ship Arctic Sunrise welcomed home by Arctic 30
Press release – 9 August, 2014
Amsterdam, 9 August 2014 – The Greenpeace icebreaker Arctic Sunrise today sailed back into Dutch territorial waters after over 300 days in Russian custody. The ship had been held illegally since taking part in a peaceful direct action against state owned oil company Gazprom, as it tried to drill the world’s first oil well in icy Arctic waters.

Why Sanctions Fail? One need to look no further than Exxon Mobil and Rosneft.
Undermining of sanctions by Sweden and Switzerland perpetuated Hitler’s rule and made World War II necessary in the European theatre.

Reuters News Feed Selection

UPDATE 2-ExxonMobil starts drilling for oil in Russia’s Arctic
Posted:Sat, 09 Aug 2014 11:01:32 GMT
SOCHI, Russia, Aug 9(Reuters) – U.S. oil giant ExxonMobil began drilling in Russia’s Arctic on Saturday, despite Western sanctions imposed on its Russian partner Rosneft, and was hailed by Russia’s president as an model of “cooperation”.

Massive Canada mine-waste spill casts doubt on resource projects
Posted:Fri, 08 Aug 2014 15:40:52 -0400
VANCOUVER, Aug 8 (Reuters) – A massive waste spill at a gold and copper mine in British Columbia could delay, or even derail, other energy and mining projects planned in the famously “green” West Coast Canadian province.

UPDATE 1-Miners battle to keep Ebola at bay in West Africa
Posted:Fri, 08 Aug 2014 14:00:44 -0400
* Contractors at ArcelorMittal Liberia iron ore ops declare force majeure

UPDATE 1 -Ebola triggers force majeure at ArcelorMittal mine in Liberia
Posted:Fri, 08 Aug 2014 12:57:38 -0400
BRUSSELS, Aug 8 (Reuters) – Steel and mining company ArcelorMittal on Friday announced force majeure on a project that is planned to triple its iron ore production in Liberia because of the Ebola epidemic sweeping West Africa.

UPDATE 3-Guinea shuts borders with Sierra Leone, Liberia in bid to halt Ebola
Posted:Sat, 09 Aug 2014 16:37:33 -0400
* Zambia, Gambia impose new restrictions (Adds Saudi Ebola test, Liberia measures, quote)

India’s Tata Steel shuts Odisha plant due to raw material crunch
Posted:Sat, 09 Aug 2014 03:41:24 -0400
BHUBANESWAR, India, Aug 9 (Reuters) – India’s Tata Steel Ltd has shut down one of its ferro alloys plants in the eastern Indian state of Odisha due to a raw material shortage linked to the suspension of a mining license, the company said in a statement late on Friday.

White House says very concerned about Gaza developments
Posted:Fri, 08 Aug 2014 18:22:50 GMT
WASHINGTON, Aug 8 (Reuters) – The White House on Friday urged Israel and the Palestinians to resume talks and do what they can to protect civilians after Egyptian-mediated negotiations failed to extend a ceasefire and rocket fire resumed.

UPDATE 2-Iraqi Kurdistan oil firms pull out staff, shares fall
Posted:Fri, 08 Aug 2014 20:15:34 GMT
LONDON, Aug 8 (Reuters) – Oil companies in Iraqi Kurdistan withdrew more staff on Friday as the United States launched air strikes to defend the regional capital Arbil from Islamic State militants and Britain told its citizens to leave.

UPDATE 1-Pemex refinery accident in Mexico kills two workers, 11 injured
Posted:Sat, 09 Aug 2014 02:55:03 GMT
MEXICO CITY, Aug 8 (Reuters) – Two workers died after being overcome by a burst of flames in an accident that also injured 11 at a refinery in northern Mexico, state-run oil company Pemex said on Friday.

MSCI to keep Sberbank and VTB in MSCI Russia Index
Posted:Sat, 09 Aug 2014 08:56:02 GMT
MOSCOW, Aug 9 (Reuters) – Sanctions-hit Sberbank and VTB bank, Russia’s largest lenders, will be kept in the MSCI Russia Index, index compiler MSCI said late on Friday.

Abu Dhabi’s TAQA suspends activity in Kurdistan block due to instability- statement
Posted:Sat, 09 Aug 2014 08:37:19 GMT
DUBAI, Aug 9 (Reuters) – Abu Dhabi National Energy Co (TAQA) , the state-owned oil explorer and power supplier, has suspended its activity at the Atrush Block in Kurdistan due to the instability in the region, a company statement said on Saturday.

UPDATE 1-Iraq Kurds say oil production unaffected by Islamic State incursion
Posted:Sat, 09 Aug 2014 11:29:05 GMT
ARBIL, Iraq, Aug 9 (Reuters) – Oil production from Iraqi Kurdistan remains unaffected despite an incursion by Islamic State militants along the autonomous region’s border, its Ministry of Natural Resources said in a statement on Saturday.

Islamic State militants tell 300 Yazidi families: convert or die
Posted:Sat, 09 Aug 2014 16:10:14 GMT
BAGHDAD, Aug 9 (Reuters) – Islamic State militants have threatened to kill more than 300 families from Iraq’s Yazidi ethnic minority unless they convert to Islam, witnesses and a Yazidi lawmaker told Reuters on Saturday.

After shopping spree, Japanese trading houses take hard look at resources
Posted:Fri, 08 Aug 2014 05:52:31 -0400
TOKYO, Aug 8 (Reuters) – After going on a spending spree during the global commodities boom, many Japanese trading houses have stretched their balance sheets and are now looking to sell off some of the assets to fund future investment plans.

WRAPUP 1-China’s mixed commodities imports data shows demand revival absent
Posted:Fri, 08 Aug 2014 05:07:32 -0400
* Net steel, oil trade flows point to weak underlying demand

RPT-Battling sanctions freeze, European banks try to keep Russian clients
Posted:Fri, 08 Aug 2014 03:31:00 -0400
* European banks with Russian units want to keep business

China issues emergency order to freeze new cement, glass
Posted:Fri, 08 Aug 2014 03:15:08 -0400
SHANGHAI, Aug 8 (Reuters) – China has issued an emergency decree ordering officials to halt the development of new cement and plate glass capacity, as it struggles to overcome entrenched local government resistance to halting wasteful investment in glutted industries.

Slim rises for China shares produce 4th straight weekly gains
Posted:Fri, 08 Aug 2014 03:08:15 -0400
HONG KONG, Aug 8 (Reuters) – China shares produced their fourth straight weekly gain, thanks to a small advance on Friday rooted in stronger-than-expected Chinese exports in July.

UPDATE 1-Aureus Mining says no Ebola cases suspected, takes precautions
Posted:Fri, 08 Aug 2014 03:08:12 -0400
Aug 8 (Reuters) – Gold miner Aureus Mining Inc, which is active in Liberia and Cameroon, said it was taking precautions to protect staff against the risk of Ebola, adding there were no reported or suspected cases of the virus across its operations.

UPDATE 2-China July iron ore imports rise 11 pct as low prices draw buyers
Posted:Fri, 08 Aug 2014 01:17:00 -0400
* Low prices driving sales despite weak steel demand growth

UPDATE 1-China July copper imports fall 2.9 pct as term shipments delayed
Posted:Fri, 08 Aug 2014 00:06:08 -0400
* Jan-Jul imports increase 18.7 percent on-year to 2.86 mln T”

Saturday, 9 August 2014

Fountain of Peace in Peace Park, Nagasaki, Photo by Masgatotkaca, CC-By-SA 3.0
Fountain of Peace in Peace Park, Nagasaki, Photo by Masgatotkaca, CC-By-SA 3.0
A plaque at the nearby hypocenter gives the following account and statistics of the damage caused that day:
‘At 11:02 A.M., August 9, 1945 an atomic bomb exploded 500 meters above this spot. The black stone monolith marks the hypocenter.
The fierce blast wind, heat rays reaching several thousand degrees and deadly radiation generated by the explosion crushed, burned, and killed everything in sight and reduced this entire area to a barren field of rubble.
About one-third of Nagasaki City was destroyed and 150,000 people killed or injured and it was said at the time that this area would be devoid of vegetation for 75 years. Now, the hypocenter remains as an international peace park and a symbol of the aspiration for world harmony.

In the Black Hills of South Dakota, proposed ISL uranium mining places all life in jeopardy:
Our article from last October is relevant to the Ebola outbreak, uranium mining on American Indian land, and the ongoing crisis at Fukushima:
About the proposed new nuclear plants in the UK. They are not at Sellafield, as one imagines, but rather will destroy green English fields:

Friday, 8 August 2014

New Post: This is a very important case, not only for the UK, but for the whole problem of trans-boundary nuclear (and non-nuclear) pollution. An Taisce, The National Trust for Ireland, is considering its options.

Where, by the way, are the solar cars which we were promised on TV as imminent over 40 years ago in 1970 or 1971?

Richard Clarke, the nation’s former top counterterrorism official, tells Democracy Now! he believes President George W. Bush is guilty of war crimes for launching the 2003 invasion of Iraq. Czar Richard Clarke: Bush, Cheney and Rumsfeld Committed War Crimes

Part of the Horrendous Cost of Cheney et. al.’s Greed & The Real Price of Oil:

Who are the Yazidis and why is Isis hunting them?
The Iraqi ethnic and religious minority descends from some of the region’s most ancient roots…
” by Raya Jalabi;, Thursday 7 August 2014 22.17 BST

It seems not the first time that they’ve been chased up the mountaintop. But, the Iraq invasion stirred the same troubles back up from before.
Post-Card by Sarrafian brothers of Beirut of a group of Yezidis of Jabal [mountain] of Sinjar at the Iraqi-Syrian border.
Post-Card by Sarrafian brothers of Beirut of a group of Yezidis of Jabal [mountain] of Sinjar at the Iraqi-Syrian border. The Yezidi Kurds started settling in the mountain beginning in the 13th. century following the severe persecution by the Zengid Atabeg of Mosul, Badr al-Din Lulu. and later by the frequent Ottoman campaigns against the Sheikhan Yezidis north of Mosul. The mountain was a strong hold of the Nestorian Christians, who’s Diocese ceased to exist after the 17th. century. The first of many campaigns by the Ottoman Turks, against the Yezidis of the Mountain, called by the Turks “THE SACLI DAGH”, the mountain of the “HAIRY ONE’S”, was carried by Melek Ahmad Pasha, the Vali of Diyarbekir [ 1640], the second by the Ottoman Firari Mustapha, the last occupation was in 1918, and directed against Hamu Sharu, the Sheikh of the Fuqara Yezidis, who refused to hand in the Christians refugees who sought shelter in the mountain from S.E.Turkey. (The Sarrafian brothers were photographers of Armenian Protestant origins).

Isis fighters trap thousands of Iraqis up a mountain – and they’re dying of thirst“, by Loveday Morris, BAGHDAD, Wednesday 06 August 2014

Reuters News Feed Selection

Iraq’s Yazidis cling to a mountaintop as Islamic State advances
Posted:Thu, 07 Aug 2014 17:03:35 GMT
BAGHDAD, Aug 7 (Reuters) – After fleeing from Islamic State militants, thousands of ethnic Yazidis stranded on a mountain were clinging to rumours that Iraqi government planes would drop food to save them.

UPDATE 3-S&P could revise Areva outlook to negative after earnings warning
Posted:Thu, 07 Aug 2014 16:28:19 GMT
* Areva earnings guidance not in line with S&P assumptions

UPDATE 1-Newmont CEO says open to Barrick Gold merger talks
Posted:Thu, 07 Aug 2014 22:02:39 GMT
(Adds details on Barrick’s position, analyst comment, paragraphs 3-8)

UPDATE 3-Private equity firms pay $325 mln in U.S. collusion settlement
Posted:Thu, 07 Aug 2014 21:43:15 GMT
* Carlyle remains a defendant (Adds Breakingviews link)

BRIEF-Kentz says obtains anti-trust clearances in SNC-Lavalin deal
Posted:Thu, 07 Aug 2014 13:23:39 GMT
* relevant anti-trust clearances and approvals in relation to the United States of America, Canada, the Russian Federation, the Republic of South Africa, Botswana and the Common Market for Eastern…

Blackstone, KKR, TPG to pay $325 mln over LBO collusion
Posted:Thu, 07 Aug 2014 15:35:09 GMT
Aug 7 (Reuters) – Three private equity firms have agreed to pay $325 million to settle a lawsuit accusing them of colluding with rivals to keep prices down on corporate takeovers prior to the…

BRIEF-Blackstone, KKR, TPG Capital to pay $325 million in LBO collusion settlement
Posted:Thu, 07 Aug 2014 15:24:56 GMT
Aug 7 (Reuters) – Blackstone Group LP : * Kkr, TPG Capital agree to pay combined $325 million to settle lawsuit

Battling sanctions freeze, European banks try to keep Russian clients
Posted:Thu, 07 Aug 2014 13:44:19 -0400
* European banks with Russian units want to keep business

UPDATE 4-Rio Tinto’s market-beating profit boosts hopes for cash return
Posted:Thu, 07 Aug 2014 13:06:34 -0400
* UK shares up 1.8 pct vs FTSE down 0.3 pct (adds comments from CEO on Oyu Tolgoi, Simandou)

UPDATE 2-China loses appeal of WTO ruling on rare earth exports
Posted:Thu, 07 Aug 2014 13:04:27 -0400
GENEVA, Aug 7 (Reuters) – China lost an appeal at the World Trade Organization in a case brought by the United States, the European Union and Japan to challenge China’s restrictions on exports of rare earths, according to a WTO Appellate Body ruling published on Thursday.

Rio Tinto says will hang back from north Simandou iron tender
Posted:Thu, 07 Aug 2014 12:06:28 -0400
* Final decision on project will be after feasibility study

Exxon evacuates Iraqi Kurdistan as Islamic State advances
Posted:Thu, 07 Aug 2014 16:03:13 GMT
LONDON/HOUSTON Aug 7 (Reuters) – Exxonmobil Corp is evacuating staff from Iraq’s autonomous Kurdistan region as the radical militants of the Islamic State advance towards its capital, an industry source said on Thursday.

U.S. prepared to levy additional Russia sanctions – Treasury official
Posted:Thu, 07 Aug 2014 16:23:00 GMT
WASHINGTON, Aug 7 (Reuters) – The United States is prepared to levy additional sanctions on Russia if it does not change course in backing separatists in eastern Ukraine, a top U.S. Treasury Department official said on Thursday.

United States should lift crude oil export ban – Washington Post
Posted:Thu, 07 Aug 2014 16:28:02 GMT
WASHINGTON, Aug 7 (Reuters) – The United States should lift its nearly four-decade ban on crude oil exports to help encourage domestic production, the Washington Post said in an editorial on Thursday.

UPDATE 3-Israeli billionaire finds 3 bln barrels of oil in Congo
Posted:Thu, 07 Aug 2014 16:54:15 GMT
* Campaigners say Gertler has made huge profits in Congo (Adds industry comment, further explanation in paragraph 3)

Chevron pulling staff from Iraqi Kurdistan as IS advances
Posted:Thu, 07 Aug 2014 16:29:51 GMT
Aug 7 (Reuters) – Chevron Corp said on Thursday it was evacuating staff from the Iraqi Kurdistan region as Islamic State militants pushed into the area.

UPDATE 1-SolarCity loss smaller than expected on “unprecedented demand”
Posted:Thu, 07 Aug 2014 21:35:29 GMT
(Compares with estimates, adds details from statement, background and share movement)

UPDATE 1-U.S. FERC commissioner John Norris to leave energy regulator
Posted:Thu, 07 Aug 2014 22:03:23 GMT
WASHINGTON, Aug 7 (Reuters) – John Norris, a commissioner with the U.S. Federal Energy Regulatory Commission, said on Thursday he will resign almost three years before his term expires to take up a post with the U.S. Department of Agriculture.

UPDATE 10-Islamic State surges in N.Iraq, near Kurdistan border
Posted:Thu, 07 Aug 2014 21:56:23 GMT
* Islamic State extends gains in north, at Kurdish border post

UPDATE 2-Canadian Natural Resources lowers 2014 oil production guidance
Posted:Thu, 07 Aug 2014 18:46:47 GMT
(Adds detail of production guidance, CEO and analyst comment)”
Reuters News Ends Here

The Editor of the Washington Post has revealed his-its true nature today. Gone the days when it broke open the Watergate case. 40 years changes things, it seems. More export of US crude oil translates to damage to the environment, especially water, and virtually no benefit to the US people.

Thursday, 7 August 2014

New Post:
Origami Cranes, public domain via wikipedia

There is no getting around the relationship between Nuclear Power and Nuclear Weapons. The horrifying dangers of both have been attested to in Hiroshima, Nagasaki, and now Fukushima, as well as Chernobyl. Nuclear Power has proven its ability to destroy the world, without Nuclear War. The dirty secret is that it is also intimately entwined with Nuclear Weapons, and always has been:

Nuclear Power and Nuclear Weapons, …birds of the feather…

Excerpt: “In the early 1950’s it was recognized that the weapons program would require more plutonium than could be furnished by the Atomic Energy Commission (AEC). One suggestion, made by Dr. Charles A. Thomas, then executive vice-president of Monsanto Chemical Company, was to create a dual purpose plutonium reactor, one which could produce plutonium for weapons, and electricity for commercial use.

A 1951 study undertaken by the AEC concluded that commercial nuclear reactors would not be economically feasible if they were used solely to produce electricity; they would be, however, if they also produced plutonium which could be sold.” Entire article found here:
NB: Studies of the survivors of Hiroshima and Nagasaki are still used as the primary models for nuclear “safety” in the nuclear industry. The conclusion remains that there is no safe dose of ionizing radiation.

Note that Monsanto is still making mischief 60 years later.

Reuters News Feed Selection

Japan marks 69th anniversary of atomic bombing of Hiroshima
Posted:Wed, 06 Aug 2014 03:47:00 -0400
Japan marks 69 years since Hiroshima atomic bomb. Julie Noce reports.

Russia bans all U.S. food, EU fruit and veg in sanctions response; NATO fears invasion
Posted:Wed, 06 Aug 2014 20:05:55 GMT
MOSCOW/DONETSK Ukraine (Reuters) – Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.

USDA leaning toward approval of Monsanto’s new GMO beans, cotton
Posted:Wed, 06 Aug 2014 15:15:44 -0400
Aug 6 (Reuters) – U.S. regulators on Tuesday said they are leaning toward approval of a new line of herbicide-tolerant crops developed by Monsanto Co even though they could increase problematic weed resistance for farmers.

Canexus in talks about potential sale of Alberta crude-by-rail terminal
Posted:Wed, 06 Aug 2014 14:18:37 -0400
CALGARY, Alberta, Aug 6 (Reuters) – Canexus Corp, the developer of Canada’s first dedicated oil train terminal, said on Wednesday it was talking to interested parties about potentially selling its 70,000 barrel-per-day loading facility in Bruderheim, Alberta.

Packaging distributor TricorBraun eyes $1.3 bln sale -sources
Posted:Wed, 06 Aug 2014 12:50:30 -0400
NEW YORK, Aug 6 (Reuters) – TricorBraun Inc is planning a sale process that could value the provider of jars and bottles to the cosmetics, healthcare and food and drink industries at more than $1.3 billion, including debt, according to people familiar with the matter.

Ebola sucks life from W. African states weakened by war, poverty
Posted:Wed, 06 Aug 2014 10:51:19 -0400
* Deadly virus ravages nations already among world’s poorest

Gold miner Randgold Resources takes measures against Ebola
Posted:Wed, 06 Aug 2014 10:46:58 -0400
Aug 6 (Reuters) – Randgold Resources Ltd, which mines gold in Mali, Ivory Coast and the Democratic Republic of Congo, said it has advised its employees not to travel to areas affected by the deadly Ebola virus as a precaution.

UPDATE 2-Lower selling cost helps Alpha Natural post smaller-than-expected loss
Posted:Wed, 06 Aug 2014 10:31:11 -0400
* Shares rise as much as 8 pct (Adds estimates, analyst comment, details from statement, background, share move)

UPDATE 2-Du Plessis to chair SABMiller in addition to Rio Tinto
Posted:Wed, 06 Aug 2014 07:45:15 -0400
* Du Plessis to join board in Sept, become chairman in July

UPDATE 5-Kurds, Islamic State clash near Kurdish regional capital
Posted:Wed, 06 Aug 2014 19:00:55 GMT
* Kurdish official says Yazidi minority needs urgent help

REFILE-Carillion to approach investors to revive Balfour deal -Times (Aug 4)
Posted:Wed, 06 Aug 2014 17:10:36 GMT
(Corrects unit name to Parsons Brinckerhoff from Parsons in third paragraph)

REFILE-UPDATE 1-Russia-Iran oil pact: the deal without details
Posted:Wed, 06 Aug 2014 16:14:15 GMT
MOSCOW, Aug 6 (Reuters) – After eight months of talks, Russia and Iran have yet to agree concrete details of a large oil-for-food deal, highlighting the difficulties the two major energy producers face in overcoming sanctions from the West.

UPDATE 2-Athabasca Oil loss widens; shares rise on Dover deal hopes
Posted:Wed, 06 Aug 2014 16:03:47 GMT
Aug 6 (Reuters) – Canada’s Athabasca Oil Corp reported a bigger quarterly loss Wednesday as it set aside funds for future costs, but shares climbed on indications it had set a date for a delayed takeover of its Dover oil sands project in Alberta.

Butt batteries: Scientists store energy in used cigarette filters
Posted:Wed, 06 Aug 2014 15:35:25 GMT
LONDON, Aug 6 (Reuters) – Scientists in South Korea say they have found a way of converting used cigarette butts into a material capable of storing energy that could help power everything from mobile phones to electric cars.

Canada tightens sanctions on Russia banks and individuals
Posted:Wed, 06 Aug 2014 15:21:56 GMT
OTTAWA, Aug 6 (Reuters) – Canada followed the U.S. and European Union on Wednesday by announcing more sanctions on Russian individuals and entities, including VTB Bank OAO , Russia’s second-largest bank by assets.

UPDATE 2-HollyFrontier sees higher refining margins in third quarter
Posted:Wed, 06 Aug 2014 15:20:57 GMT
* Sees significant improvement in asphalt and fuel margins

UPDATE 2-Chesapeake profit falls; output seen rising slightly
Posted:Wed, 06 Aug 2014 15:09:08 GMT
Aug 6 (Reuters) – Chesapeake Energy Corp on Wednesday reported a lower-than-expected quarterly profit on higher costs, but the second-largest U.S. producer of natural gas said it expected increased year-end output as more wells are connected to pipelines.

REFILE-India’s Jindal Steel hopes to resolve iron ore, coal shortages soon
Posted:Wed, 06 Aug 2014 14:35:21 GMT
MUMBAI, Aug 6 (Reuters) – India’s Jindal Steel and Power Ltd hopes to resolve raw material shortages that have hurt production at its steel plants in the “next couple of weeks”, Chief Executive Ravi Uppal said on Wednesday.

UPDATE 1-Guinea’s Simandou iron ore trove: huge potential for the hugely patient
Posted:Wed, 06 Aug 2014 14:29:18 GMT
* Legal wrangles, delays mean no ore yet mined from huge deposit

UPDATE 2-Glencore courts Guinea’s iron ore treasures- document
Posted:Wed, 06 Aug 2014 14:18:53 GMT
* Vale hopes to recover $1.2 bln spent in Guinea (Adds Glencore comment on Rio’s plans)

UPDATE 1-EOG says U.S. refineries can absorb surging output from shale
Posted:Wed, 06 Aug 2014 14:04:44 GMT
Aug 6 (Reuters) – EOG Resources Inc, which produces oil and natural gas in North Dakota and Texas, said on Wednesday that while it supports U.S. exports of crude oil, it believes the North American refining market can absorb the excess production from shale formations.

Russia says volumes in Iran oil deal to be set by market
Posted:Wed, 06 Aug 2014 13:51:37 GMT
MOSCOW, Aug 6 (Reuters) – Russia’s Energy Minister Alexander Novak said on Wednesday Moscow will be able to participate in arranging shipments of Iranian oil but added the volumes would be determined by the market.

UPDATE 1-Kazakhstan creates giant energy ministry as economy falters
Posted:Wed, 06 Aug 2014 11:14:07 GMT
* Devoted presidential loyalist takes control of new ministry

HollyFrontier profit falls 31 pct on lower refining margins
Posted:Wed, 06 Aug 2014 11:08:35 GMT
Aug 6 (Reuters) – HollyFrontier Corp reported a 31 percent fall quarterly profit, hurt by lower refining margins.

U.S. court approves $27.8 million deal for toxic Tennessee spill
Posted:Tue, 05 Aug 2014 17:28:38 GMT
(Reuters) – A federal judge in Tennessee has approved a $27.8 million settlement from the Tennessee Valley Authority to more than 800 people affected by a 2008 accident that unleashed a wave of toxic coal sludge, plaintiffs’ lawyers said Tuesday.

Reindeer invade Arctic road tunnel in Norway to escape heat
Posted:Tue, 05 Aug 2014 13:08:56 GMT
OSLO (Reuters) – Norway has been forced to close a major highway in the Arctic after reindeer invaded a road tunnel seeking refuge from unusually high temperatures.”

Tuesday, 5 August 2014

em>Global risk of radioactive fallout after major nuclear reactor accidents" Atmos. Chem. Phys., 12, 4245–4258, 2012, By J. Lelieveld et. al., pictures
From: “Global risk of radioactive fallout after major nuclear reactor accidentsAtmos. Chem. Phys., 12, 4245–4258, 2012, By J. Lelieveld, D. Kunkel1, and M. G. Lawrence. The article is found here:

Ernest Moniz is or was affiliated with the Cyprus Institute, which produced the above study, in 2012, which is very damning of nuclear power. This means that he is well aware of the dangers of nuclear power, which he continues to push and promote, making him the equivalent to all living beings on this planet to what the Nazis were to the Jewish people. He is 70 years old so perhaps he thinks there won’t be another big melt-down before he dies? But, he must hate his daughter and grandchildren. He hasn’t simply cultivated the look of a mad scientist. This has been obvious, however, since he announced from Japan, while supposedly visiting the Fukushima Daiichi disaster site, that nuclear would be part of the US Energy mix. If there are any survivors he will go down in infamy with another Portuguese named Moniz – Antonio Egas Moniz – inventor of the lobotomy, which destroyed many lives:ónio_Egas_Moniz Here is the story of Rosemary Kennedy whose life was destroyed by that earlier mad scientist named Moniz:

Ernest Moniz needs to stop trying to create more nuclear problems, and to go clean up WIPP and Fukushima and finish his days sitting on the Fukushima corium, if it can be found.

Cyprus Institute

In total about 20 core melt events have occurred in military and commercial reactors worldwide since the early 1950s (Burns et al., 2012), cited in Lelieveld et. al. “Global risk of radioactive fallout after major nuclear reactor accidents” Atmos. Chem. Phys., 12, 4245–4258, 2012 By J. Lelieveld1,2, D. Kunkel1, and M. G. Lawrence1,* 1Max Planck Institute for Chemistry, P.O. Box 3060, 55020 Mainz, Germany 2The Cyprus Institute, Nicosia, Cyprus *now at: The Institute for Advanced Sustainability Studies, Potsdam, Germany Read here:

Official Press Release Regarding the article:
Probability of contamination from severe nuclear reactor accidents is higher than expected” Max Planck Institute for Chemistry Press Release, Excerpt: “According to the results of the study, a nuclear meltdown in one of the reactors in operation worldwide is likely to occur once in 10 to 20 years. Currently, there are 440 nuclear reactors in operation, and 60 more are planned.” Read the entire press release here:

Japan is divided into a number of regions that each get electric service from their respective regional provider, all utilities hold a monopoly and are strictly regulated by the Japanese government… All regional utilities in Japan currently operate nuclear plants with the exception of the Okinawa Electric Power Company. The most recent earthquake was near Okinawa.

Environmental destruction and widespread deforestation seem to constitute a common thread in causing the emergence of many of the deadliest viruses known to humanity.” Quote from: 07/13/2014 “How to prevent the next Ebola outbreak“, Laura H. Kahn

Even the NRC recognizes that radiation speeds up mutation rates in “Reactor Concepts Manual Biological Effects of Radiation”, USNRC Technical Training Center 9-1 0603 “Biological Effects of Radiation“.

Radiation-induced increases in mutation rates would include microbes. Increased mutation rates means new variations of microbes emerge at a faster rate, which makes it more difficult to find vaccines. The new variations may be more dangerous. So, mutation rate matters.

However, in the case of Ebola, which is said to be a rapidly mutating type of virus, anyway, it appears that the larger issues are mining and related deforestation, poverty, lack of plumbing for hand-washing, and probably overpopulation. Whether a more virulent microbe is more “fit” or not depends on the circumstances. It has been said that the cold viruses are most fit because of high contagiousness and not killing the host.

Cooling water from current and proposed nuclear power plants on Lake Erie increases the temperature of the lake, contributing to increase in (toxic) algae blooms. But, no one talks about that. Still stuck in the Cold War habit of not speaking of the impacts of nuclear?

Reuters News Feed Selection

Glencore seeks to exit U.S. aluminum price-fixing case
Posted:Tue, 05 Aug 2014 10:17:37 -0400
NEW YORK, Aug 5 (Reuters) – Glencore Plc, one of the world’s largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.

Mining firm in Sierra Leone takes measures against Ebola advance
Posted:Tue, 05 Aug 2014 07:00:43 -0400
LONDON, Aug 5 (Reuters) – Minerals group Sierra Rutile has begun screening its workers for early signs of Ebola, put travel restrictions in place and limited access to its operations in west Africa, the company said on Tuesday.

Magnitude 6.0 quake strikes of coast of Japan
Posted:Sun, 03 Aug 2014 04:29:55 GMT
SINGAPORE (Reuters) – A magnitude 6.0 earthquake struck off the coast of Japan’s Okinawa island on Sunday, according to the Pacific Tsunami Warning Centre.

Mayor of Toledo, Ohio, lifts ban on drinking tap water
Posted:Mon, 04 Aug 2014 16:14:04 GMT
TOLEDO Ohio (Reuters) – A ban on drinking tap water in Toledo was lifted early Monday after tests showed that toxins were no longer at dangerous levels from algae on Lake Erie, the mayor’s office said.

Zimbabwe-Russia JV plans $1.6 bln platinum investment – state paper
Posted:Tue, 05 Aug 2014 06:09:23 -0400
HARARE, Aug 5 (Reuters) – A Zimbabwe-Russia joint venture company, Ruschrome Mining, plans to invest $1.6 billion in developing a platinum mine and constructing a smelter and refinery in the African state, the state-owned Herald newspaper reported on Tuesday.

Avocet Mining cuts full-year production target, shares slump
Posted:Tue, 05 Aug 2014 05:45:04 -0400
Aug 5 (Reuters) – Avocet Mining Plc cut its full-year production forecast and reported a 31 percent fall in quarterly gold output as it processed lower-grade ore, sending its shares down as much as 12 percent.

UPDATE 1-Gem Diamonds unearths ‘exceptional’ diamond in Lesotho
Posted:Tue, 05 Aug 2014 04:54:03 -0400
* Company says diamond will fetch “exceptional price” this year

UPDATE 1-Lower silver and gold prices hit Fresnillo profit
Posted:Tue, 05 Aug 2014 04:04:21 -0400
* Average realised silver prices falls 18 pct, gold 12 pct

UPDATE 1-UPM-Kymmene shares hurt by weak pulp outlook
Posted:Tue, 05 Aug 2014 03:49:03 -0400
* Shares down more than 3 pct (Adds analyst, shares, details)

UPDATE 1-Norway’s Yara buys Brazilian phosphate miner
Posted:Tue, 05 Aug 2014 02:47:05 -0400
* Will fund $550 mln of investment through 2019 (Adds detail)

Obama to announce $14 bln in U.S. corporate investments in Africa
Posted:Tue, 05 Aug 2014 10:00:05 GMT
WASHINGTON, Aug 5 (Reuters) – President Barack Obama will announce on Tuesday that U.S. businesses have committed to investing $14 billion in construction, clean energy, banking, and information technology projects across Africa, a White House official said.

UPDATE 2-Valve control maker Rotork sees higher second-half revenue
Posted:Tue, 05 Aug 2014 09:41:11 GMT
* Shares rise as much as 3.5 pct (Adds outlook, CEO, analyst comments; updates share movement)

UPDATE 3-Oil steady above $105 on geopolitical tension
Posted:Tue, 05 Aug 2014 08:03:21 GMT
* Tensions in North Africa, Middle East offset ample supply

COLUMN-Coking coal prices set for modest gains, thermal still marooned: Russell
Posted:Tue, 05 Aug 2014 06:38:50 GMT
–Clyde Russell is a Reuters columnist. The views expressed are his own.–

Rotork first-half profit dented by strong pound
Posted:Tue, 05 Aug 2014 06:20:25 GMT
Aug 5 (Reuters) – Rotork Plc, a maker of valve controls and actuators, said pretax profit fell 3.3 percent in the first half, hurt by a strong pound that offset robust order intakes.

UPDATE 3-Arcadia, traders settle U.S. oil-rigging suit for $13 mln
Posted:Tue, 05 Aug 2014 03:59:47 GMT
(Adds CFTC’s quotes in 5th paragraph and above 2nd subhead)

CORRECTED-Indonesian president-elect unveils high-powered transition team
Posted:Tue, 05 Aug 2014 03:47:44 GMT
(Corrects second last paragraph to make clear Newmont, Churchill legal challenges are international arbitration cases)

RPT-COLUMN-EU energy restrictions on Russia are mostly “sanctions theatre”: Kemp
Posted:Tue, 05 Aug 2014 03:00:00 GMT
LONDON, Aug 5 (Reuters) – EU sanctions on Russia’s oil sector will not seriously hamper the development of new oil resources in either the short or the long term, though they leave open the possibility of further escalation if relations with Russia deteriorate in future.

China to build more LNG tankers in high-tech push
Posted:Tue, 05 Aug 2014 00:00:59 GMT
* Global LNG fleet needs to grow by 225 vessels by end-2020

UPDATE 1-African leaders want U.S. trade deal renewed for 15 more years
Posted:Mon, 04 Aug 2014 23:11:27 GMT
WASHINGTON, Aug 4 (Reuters) – African leaders urged the United States on Monday to renew a trade benefits program giving duty-free access to billions of dollars of African exports for 15 years, saying it would help cement trade relations and boost development in the region.

Arcadia, Parnon in $13 mln CFTC pact over oil price manipulation
Posted:Mon, 04 Aug 2014 22:51:12 GMT
NEW YORK, Aug 4 (Reuters) – Three oil trading firms and two traders agreed to pay $13 million to settle a U.S. regulator’s lawsuit accusing them of manipulating oil markets in 2008 as prices were soaring, leading to more than $50 million of illegal profit.

U.S. to press South China Sea freeze despite China rejection
Posted:Mon, 04 Aug 2014 22:36:56 GMT
WASHINGTON, Aug 4 (Reuters) – U.S. Secretary of State John Kerry, at a meeting with Southeast Asian nations this weekend, will press for a voluntary freeze on actions aggravating territorial disputes in the South China Sea, in spite of Beijing’s rejection of the idea.

China urged to reveal payments on natural resources
Posted:Mon, 04 Aug 2014 22:24:56 GMT
WASHINGTON, Aug 4 (Thomson Reuters Foundation) – China should publicly disclose what it pays African governments for extracting oil, gas and minerals as a way to level the playing field for companies worldwide and help countries get a fair deal for their natural resource wealth, billionaire investor George Soros said on Monday.

UPDATE 1-Colorado governor unveils plan to head off fracking bans; oil shares rise
Posted:Mon, 04 Aug 2014 21:57:49 GMT
(Updates throughout with quotes, details, changes dateline, prev. HOUSTON)

RPT-Judge bars public from Oklahoma divorce trial with billions at stake
Posted:Mon, 04 Aug 2014 21:37:30 GMT
OKLAHOMA CITY, Aug 4 (Reuters) – A judge presiding over the divorce case of Oklahoma oil billionaire Harold Hamm closed the courtroom to the public on Monday, the trial’s opening day, saying he feared that private business information to be discussed at trial would harm Hamm’s company, Continental Resources.

UPDATE 4-Iraqi PM orders air force to help Kurds fight Islamic State
Posted:Mon, 04 Aug 2014 21:36:30 GMT
* Tens of thousands flee district held by militants (Adds people fleeing district captured by militants)

UPDATE 1-Armenia sees no imminent threat of war over breakaway Azeri enclave
Posted:Mon, 04 Aug 2014 21:34:03 GMT
* OSCE, EU say concerned by escalation of conflict (Raises death toll of latest clashes, adds EU statement)

UPDATE 9-Oil rebounds as global tensions raise supply disruption fears
Posted:Mon, 04 Aug 2014 19:50:08 GMT
NEW YORK, Aug 4 (Reuters) – Oil prices on both sides of the Atlantic climbed on Monday, as investors shifted their attention from worries about swelling supplies to concerns about ongoing violence in Libya and other global hotspots.

Carillion to approach investors to revive Balfour deal -Times
Posted:Mon, 04 Aug 2014 18:28:06 GMT
Aug 4 (Reuters) – British construction company Carillion is planning to approach investors who also have stakes in Balfour Beatty in the hopes of reviving merger talks to buy the company, the Times reported on Monday.

Farming reforms offer hope for Iran’s water crisis
Posted:Sun, 03 Aug 2014 13:12:27 GMT
DUBAI (Reuters) – As a child, Mohammad Rahmanpour spent his summers swimming in Lake Orumieh in northwestern Iran – then the largest in the Middle East. In less than two decades, the saltwater lake has almost disappeared, leaving behind a hole in the ground.

Singapore approves bill to fine domestic, overseas air polluters
Posted:Tue, 05 Aug 2014 10:17:27 GMT
SINGAPORE (Reuters) – Singapore’s parliament has passed a bill proposing to fine companies that cause haze pollution to the country’s air, regardless of whether the companies operate on the island.

One dead, hundreds evacuated as Swedish forest fire rages
Posted:Tue, 05 Aug 2014 09:25:02 GMT
STOCKHOLM (Reuters) – One person has died and hundreds have been evacuated, authorities said on Tuesday, in Sweden’s biggest forest fire in modern times as the six-day-old blaze spread across east-central areas of the Nordic country.

Drought forces some boats from shrinking Great Salt Lake in Utah
Posted:Mon, 04 Aug 2014 22:48:43 GMT
SALT LAKE CITY (Reuters) – Drought forced an early end to the sailing season for some Utah enthusiasts on Monday as a huge crane lifted boats out of the Great Salt Lake State Park Marina, where officials say the water is at its lowest level for more than 50 years.

A dozen Washington homes burn in aggressive West Coast wildfire season
Posted:Mon, 04 Aug 2014 19:11:40 GMT
SEATTLE (Reuters) – A newly sparked wildfire was burning unchecked on Monday in central Washington state, charring about a dozen homes and threatening wide evacuations as crews scrambled to contain the blaze in an unusually destructive fire season on the U.S. West Coast.

China quake death toll climbs to 398 as rescuers seek survivors
Posted:Mon, 04 Aug 2014 13:12:14 GMT
BEIJING (Reuters) – The death toll from a magnitude 6.3 earthquake that hit southwestern China on Sunday climbed to 398 people, state media reported on Monday.

Trappers search for Washington state otter that attacked swimmers
Posted:Fri, 01 Aug 2014 20:37:28 GMT
(Reuters) – Wildlife trappers in Washington state searched on Friday for a river otter blamed for a rare attack on humans that sent a boy and his grandmother to the hospital, wildlife experts said.

Austria able to cope with Russia sanctions – economy minister
Posted:Sat, 02 Aug 2014 08:02:08 -0400
VIENNA, Aug 2 (Reuters) – Austria will feel a pinch but be able to handle European sanctions against Russia over its role in Ukraine’s political crisis, Economy Minister Reinhold Mitterlehner said.

China names new general manager for Baosteel Group
Posted:Sat, 02 Aug 2014 04:17:26 -0400
BEIJING, Aug 2 (Reuters) – China’s Baosteel Group, which owns the country’s biggest listed steelmaker, has named Chen Derong as its general manager, replacing He Wenbo, the company said on Saturday.

UPDATE 1-Japan PM tells Brazil ‘Abenomics’ working, time to do more business
Posted:Fri, 01 Aug 2014 17:11:04 -0400
BRASILIA, Aug 1 (Reuters) – Japan’s Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand their trade and investment partnership.

Rebel conflict imperils Ukraine’s steel industry
Posted:Fri, 01 Aug 2014 13:58:26 -0400
MOSCOW, Aug 1 (Reuters) – Ukraine’s important steel sector is being rocked by violence in the east of the country, with the crisis sparking fears exports to neighbouring Russia could fall 50 percent this year.

Vedanta says open to scrutiny of Zambian copper business
Posted:Fri, 01 Aug 2014 11:04:45 -0400
Aug 1 (Reuters) – Diversified miner Vedanta Resources Plc said it was open to a scrutiny of its Zambian copper business, which has faced protests recently over allegedly not paying enough taxes.

RPT-NEWSMAKER-Nelson Pizarro: the ‘scissorhands’ looking to shape Chile’s Codelco
Posted:Fri, 01 Aug 2014 09:26:30 -0400
(Repeats July 31 item for additional readers with no changes to headline or text)

Russia has reserves to ride out sanctions – assuming no panic
Posted:Fri, 01 Aug 2014 09:25:18 -0400
LONDON/MOSCOW, Aug 1 (Reuters) – Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy, but it must avoid reawakening the “sleeping dragon” of investor panic.

UPDATE 1-Ukraine’s Metinvest no longer accepting new steel orders due to crisis
Posted:Fri, 01 Aug 2014 08:27:39 -0400
* Metinvest accounts for around 40 pct of Ukraine’s steel output

UPDATE 2-Nigerian president replaces state oil firm’s leadership
Posted:Sat, 02 Aug 2014 12:54:17 GMT
* New chief from war-ravaged northeastern Borno state (Adds presidency source on reason)

Sunni insurgents, Kurds battle over north Iraq town
Posted:Sat, 02 Aug 2014 14:57:55 GMT
BAGHDAD, Aug 2 (Reuters) – Islamic State militants fought Kurdish forces on Saturday for the northern Iraqi town of Zumar located near an oil field and the Syrian border amid conflicting reports of who was in control.

Six die after Algerian quake sparks panic in capital
Posted:Fri, 01 Aug 2014 13:38:12 GMT
ALGIERS (Reuters) – At least six people died after a magnitude 5.5 earthquake hit southeast of the Algerian capital on Friday, shaking buildings and sending panicked families rushing into the streets of Algiers, authorities said.

Quakes strike Myanmar, India’s Andaman Islands; no tsunami warning
Posted:Fri, 01 Aug 2014 12:53:19 GMT
NEW DELHI (Reuters) – Earthquakes of magnitude 6.2 and 6.1 struck Myanmar and India’s Andaman islands on Thursday, the U.S. Geological Survey (USGS) said.

After China port fraud probe, messy legal fight chills metal trade
Posted:Sun, 03 Aug 2014 21:02:54 GMT
HONG KONG/SHANGHAI, Aug 4 (Reuters) – As global banks and trading houses fire off lawsuits over their estimated $900 million exposure to a suspected metal financing fraud in China, the tangled legal battle to recoup losses is set to drag on for years and hinder a swift recovery in metal trade.

Billion-dollar debate in Oklahoma divorce: Was oilman just lucky?
Posted:Sun, 03 Aug 2014 16:00:01 GMT
NEW YORK, Aug 3 (Reuters) – For years, Continental Resources, the largest oil driller in the booming Bakken Shale formation, touted the hard work of its CEO and founder, Oklahoma billionaire Harold Hamm, as “a driving force” behind the company’s success.

Son of prominent Mexican politician charged in drug cartel case
Posted:Sun, 03 Aug 2014 23:48:04 GMT
MEXICO CITY (Reuters) – The son of a prominent ruling party politician in Mexico was charged on Sunday with withholding evidence as authorities investigate his potential ties to organized crime after a video surfaced showing him meeting with one of the country’s top drug lords.

At least 367 dead after quake hits southwest China
Posted:Sun, 03 Aug 2014 23:14:45 GMT
BEIJING (Reuters) – A magnitude 6.3 earthquake struck southwestern China on Sunday, killing at least 367 people and leaving 1,881 injured in a remote area of Yunnan province, and causing thousands of buildings, including a school, to collapse.

German magazine reports Israel spied on Kerry last year
Posted:Sun, 03 Aug 2014 21:30:29 GMT
BERLIN (Reuters) – German magazine Der Spiegel reported on Sunday that Israel and at least one other intelligence agency were listening in on U.S. Secretary of State John Kerry’s unsecured phone calls last year when he was holding nearly daily negotiations for peace with various leaders in the Middle East.

Billions of dollars in deals and funding to be announced at Africa summit
Posted:Sun, 03 Aug 2014 20:28:32 GMT
WASHINGTON (Reuters) – The United States will announce nearly $1 billion in business deals, increase funding for peacekeeping and commit billions of dollars to expanding food and power programs in Africa during a summit this week, U.S. and development officials say.

Bodies of possible Ebola victims found in central Monrovia
Posted:Sun, 03 Aug 2014 19:07:41 GMT
MONROVIA (Reuters) – The bodies of two men previously showing symptoms of Ebola lay in the streets of Monrovia for four days before being collected by health workers on Sunday, residents told Reuters.

China releases investigative journalist after almost year in jail
Posted:Sun, 03 Aug 2014 16:26:11 GMT
BEIJING (Reuters) – A Chinese investigative journalist who accused officials of corruption has been released after almost a year in detention, his lawyer said on Sunday.

China’s JinkoSolar must face U.S. lawsuit over pollution, protests
Posted:Thu, 31 Jul 2014 16:17:05 GMT
NEW YORK (Reuters) – JinkoSolar Holding Co must face a shareholder lawsuit accusing the Chinese solar panel maker of concealing that one of its factories was dumping toxic waste into a nearby river, a U.S. appeals court ruled on Thursday.

Millions of jellyfish-like creatures wash up on western U.S. beaches
Posted:Thu, 31 Jul 2014 19:44:01 GMT
PORTLAND Ore. (Reuters) – Millions of jellyfish-like creatures have washed up on beaches along the U.S. West Coast over the past month, giving the shoreline a purple gleam and, at times, an unpleasant odor, ocean experts said on Thursday.

Some 400,000 in Ohio without drinking water, tests show lower toxin levels
Posted:Sun, 03 Aug 2014 21:24:08 GMT
TOLEDO Ohio (Reuters) – Health authorities tested water for toxins in Toledo, Ohio, on Sunday as some 400,000 people remained without safe drinking water for a second day following the discovery of high toxin levels from algae on Lake Erie.