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Oil and gas industry sees biggest-ever 2-year decline in spending

2016-04-07 19:46:56| Oil & Gas - Topix.net

Canada's oil and gas industry is on track to see its biggest two-year capital spending decline in its seven-decade history, according to the Canadian Association of Petroleum Producers. Companies are expected to invest $31 billion in 2016, a 62 per cent drop from the 2014 record of $81 billion.

Tags: industry gas oil spending

Mid-Day Market Update: U.S. Stocks Rise; Cree Shares Decline On Weak Outlook

2016-04-07 17:25:01| Steel - Topix.net

Midway through trading Wednesday, the Dow traded up 0.30 percent to 17,656.47 while the NASDAQ gained 0.70 percent to 4,877.75. The S&P also rose, gaining 0.50 percent to 2,055.37.

Tags: market update rise shares

Rapid decline of coal use leads to drop in UK emissions

2016-03-31 12:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Plummeting coal use in 2015 led to a fall of 4% in the UKs annual carbon dioxide emissions, according to government energy statistics published on Thursday. Coal is now burning at its lowest level in at least 150 years. The closing of old polluting coal-power stations and the rapid rise in renewable energy meant coal consumption fell by 22% compared to 2014, the biggest drop ever seen outside of miners strikes, according to analysts at Carbon Brief. Production of coal in the UK also fell to...

Tags: uk drop leads rapid

Japan firms boost bluefin farming as sea stocks decline

2016-03-30 08:48:57| Food - Topix.net

Japanese companies are increasingly looking to bluefin tuna farming as a source of growth as its population in the sea declines. Food-maker Nippon Suisan Kaisha Ltd. is researching how to farm bluefin by artificially hatching eggs or fattening juvenile fish to maturity.

Tags: japan sea firms stocks