Wall Street Losing Millions From Bad Energy Loans
London, UK (SPX) Apr 10, 2015 -
Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil companies, but also from buying high-yield debt that is now going sour.
The Wall Street Journal reported that tens of millions of dollars have gone up in smoke on loans made to the energy indu ...
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Russia keen to build more nuclear power plants abroad
Hanoi, Vietnam (Sputnik) Apr 10, 2015 -
Russia's Rosatom will not revise their plans to build nuclear power plants abroad despite a challenging economic situation, head of the state-run corporation Rosatom Sergei Kiriyenko, said Monday.
"On the contrary, the macroeconomic situation helps us," Kiriyenko said, adding that the company's portfolio of foreign deals has tripled over the past three years.
Kiriyenko also said that ...
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Russia and China Hold Talks on Broadening Nuclear Cooperation
Hanoi, Vietnam (Sputnik) Apr 10, 2015 -
Russia and China are discussing further broadening of bilateral cooperation in the sphere of nuclear development, an anonymous source told journalists on Monday.
"The expansion of cooperation between the Russian Federation and China in the nuclear sphere is being actively discussed," the source said, adding that talks on the construction of the seventh and eighth units of the Tianwan Nucle ...
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Saudi role in energy markets is changing
Houston TX (SPX) Apr 10, 2015 -
Saudi Arabia's role in global energy markets is changing, according to a new paper from an energy expert at Rice University's Baker Institute for Public Policy. The researcher found that the kingdom is reshaping itself as a supplier of refined petroleum products while moving beyond its long-held role as a simple exporter of crude oil.
"A Refined Approach: Saudi Arabia Moves Beyond Crude" e ...
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Which type of sustainable rooftop technology is best in cold climates
New York NY (SPX) Apr 10, 2015 -
Sustainable rooftop technologies--including green roofs, white roofs, and solar photovoltaic panels--can provide great environmental benefits, but studies of these technologies often look only at their use in hot climates and do not assess their full environmental consequences.
A new study that compares the technologies in the cold Canadian climate shows that photovoltaic panels demonstrat ...
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Future electronics based on carbon nanotubes
Washington DC (SPX) Apr 10, 2015 -
The exceptional properties of tiny molecular cylinders known as carbon nanotubes have tantalized researchers for years because of the possibility they could serve as a successors to silicon in laying the logic for smaller, faster and cheaper electronic devices.
First of all they are tiny - on the atomic scale and perhaps near the physical limit of how small you can shrink a single electron ...
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Tunneling across a tiny gap
Boston MA (SPX) Apr 09, 2015 -
Conduction and thermal radiation are two ways in which heat is transferred from one object to another: Conduction is the process by which heat flows between objects in physical contact, such as a pot of tea on a hot stove, while thermal radiation describes heat flow across large distances, such as heat emitted by the sun.
These two fundamental heat-transfer processes explain how energy mov ...
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