Counting losses from Kashagan suspensionLosses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
11 May 2014
Chevron, YPF ramp up Argentina shale investmentUS oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.
12 April 2014
Earth Hour to tap crowdfunding for green campaignsLights will go off in some 7,000 cities around the world for this weekend's Earth Hour event, which will aim to raise hundreds of thousands of dollars for environmental projects worldwide.
Authors Guild appeals ruling in Google Books caseThe Authors Guild is appealing a US judge's decision in a long-running case that cleared legal obstacles for Google's massive book-scanning project, court documents showed Monday.
Australia gives environmental nod to $5.7 bln coal projectWaratah Coal on Saturday welcomed the Australian government's approval of its $6.4 billion (US$5.7 billion) Galilee coal project, as conservationists warned the decision threatened the environment.
21 December 2013
Facebook joins NYU in artificial intelligence labFacebook unveiled plans Monday on a partnership with New York University for a new center for artificial intelligence, aimed at harnessing the huge social network's massive trove of data.
10 December 2013
Chinese tycoon unveils $10bn Ukrainian port project: reportA Chinese tycoon who plans to dig a canal across Nicaragua has unveiled his latest project -- a $10 billion deal to build a deepwater port in Ukraine, giving him a foothold in Europe, state-run media said Friday.
Chinese bank lends Niger $1 billion: ministerNiger has accepted a controversial $1 billion loan from the Export-Import Bank of China (China Exim Bank) to finance development projects.
30 October 2013
Eurasia geological project costs $500 millionImplementation of Eurasia project of onshore and offshore exploration of deep horizons of the pre-Caspian basin will require $500 million.