text

Oil prices steady amid global glut

​Oil prices little changed Thursday amid growing supplies globally.

text

Oil prices plunge amid global glut

​Oil prices plummeted Monday amid growing supplies from the Organization of Petroleum Exporting Countries (OPEC).

text

Crude prices fluctuate amid ample supplies

​Oil prices fluctuated around the five-year low Tuesday as there was no sign that producer would cut production in response to the slump.

text

Oil prices retreat on supply worries

​Oil prices fell Thursday as traders worried that global crude supply might surpass demand.

text

ENI, VITOL secure 6 bln USD oil/gas deal from Ghana

​Italian multinational oil and gas company ENI, and Swiss-based VITOL Energy have secured a 6.0- billion-dollar deal from the government of Ghana to commence oil and gas exploration and production, a release said here Monday.

text

Crude prices retreat amid OPEC speculation

​Crude prices dropped Monday as investors speculated that the Organization of Petroleum Exporting Countries (OPEC) may not cut production when the producer group meets this week.

text

Russia to control annual oil production to help stabilize global market

​Russia attempts to stabilize global oil market by not exceeding its annual production of 525 million tons, Energy Minister Alexander Novak said Monday.

text

Russia to set up special economic zone in Caspian region

​Russian Prime Minister Dmitry Medvedev signed Tuesday a resolution creating a special economic zone in the southwest region of Astrakhan, a move aimed at strengthening its economic position in the Caspian region.

text

Israel launches production line of F-35 fighter jet wings

Israel Aerospace Industries (IAI) inaugurated on Tuesday its wing production line for the F-35 fighter jet, calling it a milestone in its decades-long partnership with Lockheed Martin, the aircraft's manufacturer.

text

S. Korea's industrial output posts first reduction in 3 months

​South Korea's industrial output posted a first reduction in three months, reflecting the lackluster growth of the economy, a government report showed Tuesday.

text

Bolivia rejects U.S. allegations of anti-drug war failure

Bolivia rejected Tuesday U.S. allegations of its failure in combating drug trafficking and production, describing the report which accused Bolivia of non-fulfillment of anti-drug agreements as "unilateral" and biased.

text

Scientists decode coffee's genetic secrets

The genome of coffee has been sequenced, revealing how one of the world's favorite drinks evolved and providing insights into the beverage's flavor and aroma, an international team of researchers said Thursday.

text

Change your diet to reduce climate change

Healthier diets are not only important to ensure food security and people's health, but also to avoid dangerous climate change, according to a new British study published in the scientific journal Nature Climate Change.

text

Global drug use remains stable, Afghan opium of concern: UNODC

Global drug use has remained stable though a surge in opium production in Afghanistan is of concern, the United Nations drugs and crime agency revealed Thursday.

text

New Zealand, Denmark agree on screen collaboration

New Zealand and Denmark have signed a film and television co-production agreement, New Zealand Arts, Culture and Heritage Minister Chris Finlayson announced Tuesday.

text

Japanese car maker Toyota suspends India operations

Japanese car maker Toyota has reportedly suspended production at its main production base near Bengaluru, the capital of Karnataka state in southern India.

text

Vietnam's economic recovery trend irreversible: official

Vietnam's economic recovery trend is irreversible as the country's production and trade activities have witnessed various positive signals in the first two months of 2014, said a Vietnamese official on Wednesday.