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ALTERNATE CROP OF PNG102 Three life rafts from the MV Rabaul Queen float above the sunken hull of the ferry in the open waters off Papua New Guinea's east coast, Thursday, Feb. 2, 2012.
238 saved, 100-plus missing as PNG ferry sinks
2012-02-02
AUSTRALIAN rescuers helped save more than 200 Papua New Guineans from drowning after their ferry sank at sea yesterday, but by nightfall fears remained for more than 100 still missing. Officials believe about 350 people were on board the Rabaul Queen...
Full Story: Sydney Morning Herald
File - The amphibious assault ship USS Bataan (LHD 5) transits the Strait of Hormuz, 29 October, 2011.
The 'Other' USS Carriers in the Persian Gulf
2012-01-31
Article by WN.com Correspondent Dallas Darling We Americans might think of ourselves as democratized, but with out a doubt we are extremely virulent, even Ebolaized. This was evident as Defense Secretary Leon Panetta announced America would maintain...
Full Story: WorldNews.com


Middle East Trails Again in Green Energy Growth
Scientific American 2012-02-03
By Maha El Dahan and Daniel Fineren ABU DHABI/DUBAI (Reuters) - Talk of a Middle Eastern green energy boom is likely to prove no more than a mirage with little hope of the region saving clean technology companies from the shrinking project pools of Europe. Instead India, China and Latin America offer some hope for green energy companies struggling in a European market drowning in debt and a North...
Crude Trades Near Six-Week Low Before Jobs Report; Brent Premium Widens
Bloomberg 2012-02-03
Oil traded near a six-week low before a report forecast to show the U.S. added fewer jobs last month than in December. Brent crude’s premium to the New York price is set for the largest weekly gain in a month. Futures were set for a weekly loss after dropping a fifth day yesterday, the longest losing streak since August. The U.S. added 140,000 jobs last month after gaining 200,000 in December,...
Iran to raise jet fuel exports -report
The Guardian 2012-02-03
TEHRAN, Feb 3 (Reuters) - Iran said on Friday it planned to increase its jet fuel exports to neighbouring countries by launching a new pipeline this month, the state-run Press TV quoted an oil official as saying. "The 12.5 kilometer-long pipeline, aimed at increasing the exports of jet fuel, will come on stream in Bandar Abbas, the capital of southern Hormozgan province, in February," the...
Money Morning New Report: The Truth Behind the Keystone Pipeline Project
Yahoo Daily News 2012-02-03
According to Money Morning’s Dr. Kent Moors, the Keystone pipeline will rise again. And Obama (or his successor) will almost certainly approve the project, despite the recent rejection. In fact, there’s only one thing standing between Keystone and construction, and it has nothing to do with environmental lobbyists or grandstanding Canadians. Baltimore, MD (PRWEB) February 03, 2012...
Lawsuit seeks info, damages in 7-year oil spill
STL Today 2012-02-03
An environmental watchdog group filed a lawsuit Thursday against the company it blames for an oil spill 11 miles off the coast of Louisiana, claiming oil has been flowing into the Gulf of Mexico for more than seven years with few details about what's being done to stop it. Waterkeeper Alliance claims hundreds of gallons of oil are leaking every day from the site where an offshore platform and 28...
Cuba, Oil Diplomacy and the Southern Tip of Florida
Business Insider 2012-02-03
U.S. lawmakers spent most of this week lobbing insults at the Cuban government while assessing the risks of an offshore oil spill about...
Production Slumps for 36 Oil Contractors
Tempo Interactive 2012-02-03
, Jakarta:The Upstream Oil and Gas Regulatory Body (BP Migas) has recorded a declining trend for oil production in 36 out of 46 oil contractors which has signed the...
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