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Putin, Modi Look to Bolster Trade Agreements in Diamonds, Oil And More

December 11, 2014 5:07 pm | by Press Trust of India | Comments

Russian President Vladimir Putin and Prime Minister Narendra Modi today assured industry leaders from the two countries of measures to enhance bilateral trade and investments.  Putin, who is on a visit to India, was accompanied by a high-level delegation that includes business tycoons. Representatives of India Inc. raised various issues to increase trade flows in sectors like pharmaceuticals, banking, energy and infrastructure.

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Shale Gas Industry "Ripe For Noncompliance" With Wage Law

December 11, 2014 11:37 am | by Associated Press | Comments

The “fissured landscape” of the shale gas industry is drawing regulators’ eyes as they seek to enforce labor laws, U.S. Department of Labor officials said. The department announced an agreement with roughly 145 oil and gas employers to pay a combined $4.5 million in back wages to 5,300 workers.

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How Your Carton of Milk Could be Changing

December 11, 2014 11:31 am | by Rick Barrett, Milwaukee Journal Sentinel | Comments

The dairy industry is eyeing package innovations to boost slumping sales. Changes could include products such as milk cartons that don’t require refrigeration until they’re opened. Shifting consumer habits, more drink choices and a lack of dairy product innovation are behind the steady decline in milk sales.

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Little Support For Power Line in Amish Country

December 11, 2014 11:24 am | by Chris Hubbuch, La Crosse Tribune, Wis. | Comments

Wisconsin’s top utility regulator heard dozens of people explain why they don’t want or need high-voltage power lines running through a community that is home to the state’s largest Amish population and wind turbines that more than meet its energy demands.

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Study Estimates Nearly 270,000 Tons of Plastic Floating in World's Oceans

December 11, 2014 10:53 am | by Associated Press | Comments

A new study estimates nearly 270,000 tons of plastic is floating in the world's oceans. Studying the amount of plastic in the ocean will help scientists understand how the material is affecting fish, seabirds and the larger marine ecosystem.

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Bangladesh Salvages Sunken Tanker as Leaking Oil Threatens Rare Wildlife

December 11, 2014 10:43 am | by Press Trust of India | Comments

Bangladesh today retrieved an oil-leaking sunken tanker, two days after it capsized in a river at the Sundarbans, as the oil overnight spread in 34,000 hectares at the world's largest mangrove forest, which is home to dolphins, rare acquatic animals and Royal Bengal tigers.

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Congressman Widens Inquiry Into Fracking Waste in Northeast And Midwest

December 11, 2014 10:33 am | by David Hasemyer, InsideClimate New | Comments

A congressional investigation into the way states regulate the disposal of the often toxic waste generated during the fracking of oil and gas has expanded. Rep. Matthew Cartwright, D-Pa., launched the investigation in October by singling out his home state for the inquiry.

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Air Fares Dipping Thanks to Oil Slump

December 10, 2014 5:21 pm | by JOHN HEILPRIN, Associated Press | Comments

Flying could get cheaper next year as airlines say they will finally start passing on some of the savings made on plummeting oil prices. Carriers are forecasting record profits for 2015 thanks to cheaper fuel and rising demand. As a result, they expect to cut the average ticket price by 5 percent in 2015, excluding surcharges and taxes.

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Gas Tanker Truck Explodes Outside Jerusalem, Killing One

December 10, 2014 11:38 am | by Xinhua News Agency, Beijing | Comments

A gas tanker truck exploded outside Jerusalem on Wednesday after colliding with a vehicle, killing one person, the Israeli police said. According to the police, the gas truck flipped over after colliding with a car-carrier trailer in the Jerusalem-Tel Aviv Highway, causing the gas-laden truck to burst into flames.

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Chinese Chemical Company Looks at Buying Lousiana School

December 10, 2014 11:35 am | by Associated Press | Comments

The St. James Parish School Board has voted to declare St. James High School as surplus property, an action designed to speed its sale. Officials say China-based Yuhuang Chemical Inc., a corporation set to begin building a $1.85 billion ethanol plant adjacent to the school site, is interested in the property.

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N.D. Regulators Order Treatment of Crude Oil For Safety

December 10, 2014 11:23 am | by David Shaffer, Star Tribune, Minneapolis | Comments

North Dakota officials on Tuesday ordered the oil industry to reduce volatile gases in Bakken crude oil to make it safer to transport via oil trains. The order by the state Industrial Commission, a three-member board that includes the governor, requires oil companies to use equipment that removes light, potentially explosive hydrocarbons before shipping. It takes effect April 1.

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Iran: Fall in Oil Rrices is 'Treachery'

December 10, 2014 11:18 am | by ALI AKBAR DAREINI, Associated Press | Comments

Iran's President Hassan Rouhani said Wednesday that the sharp fall in global oil prices is the result of "treachery," in an apparent reference to regional rival Saudi Arabia, which opposed production cuts. Oil prices have plunged by more than 40 percent since June to around $65 a barrel, placing severe strain on Iran's economy.

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New 3-D Printing Technology Enters Aerospace and Industrial Manufacturing Market

December 10, 2014 10:41 am | by GlobeNewswire, Los Angeles | Comments

Oxford Performance Materials Inc. (OPM) announced the launch and availability of the first two grades of its OXFAB 3-D printing technology (OXFAB-N and OXFAB-ESD) for aerospace and industrial applications. OXFAB is OPM's proprietary technology platform and formulation of poly-ether-ketone-ketone (PEKK), a high performance polymer.

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Wisconsin Researchers Unveil New Corn Variety

December 10, 2014 10:03 am | by Tom Meersman, Star Tribune, Minneapolis | Comments

University of Wisconsin researchers have developed a new variety of organic corn called “Who Gets Kissed?” The sweet corn was named in honor of a game played decades ago at corn “husking bees,” said university officials, when communities gathered to husk corn and dance.

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Criminal Charges Filed Against Reed Oil For Fatal Explosion

December 10, 2014 9:59 am | by MELISSA KLARIC, The Herald; Sharon, Pa. | Comments

Criminal charges have been filed against a New Castle company in connection with the explosion of a storage tank in Pymatuning Township that killed a welding contractor last year. Reed Oil Co. was charged Nov. 26 by the state attorney general with two counts of unlawful conduct for violating state Department of Environmental Protection laws.

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