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Both sides agree on tough new fracking standards

2013-03-20 11:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Some of the nation's biggest oil and gas companies have made peace with environmentalists, agreeing to a voluntary set of tough new standards for fracking in the Northeast that could lead to a major expansion of drilling. The program announced Wednesday will work a lot like Underwriters Laboratories, which puts its familiar UL seal of approval on electrical appliances that meet its standards. In this case, drilling and pipeline companies will be encouraged to submit to an independent review...

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Chevron, Green Groups Agree Set Standards for Shale Gas

2013-03-20 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Chevron Corp. (CVX) joined natural gas producers and environmental groups to form an independent center that will set standards for drilling by hydraulic fracturing in the U.S. Appalachian region. Gas output in Pennsylvania, Ohio and West Virginia is booming as drillers unlock shale deposits using the process, also called fracking, that shoots water, sand and chemicals underground to crack rock and free trapped gas. The process has spurred complaints from landowners and environmental groups about...

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1,600 laid off as Ericsson and ST agree to split ST-Ericsson

2013-03-18 19:33:23| InfoWorld: Top News

Chip maker ST-Ericsson will be wound down as parents STMicroelectronics and Ericsson have decided to take over some parts of the company, including LTE modems and application processors, and close or sell the rest. The news comes about three months after ST announced it wanted to exit the three-year-old joint venture.[ Keep up on the day's tech news headlines with InfoWorld's Today's Headlines: Wrap Up newsletter. ]

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Ericsson, STMicro agree to split joint venture ST-Ericsson

2013-03-18 01:00:00| Total Telecom industry news

As many as 1,600 jobs will be lost as vendors shut down some operations.

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Opel to freeze pay as Ford's Belgian workers agree on severance

2013-03-16 01:27:59| Auto Dealers - Topix.net

General Motors Co. and Ford Motor Co., the two biggest U.S. carmakers, won employees' approval in Europe for labor-cost cut plans to restore earnings in the region in response to a recession that's reducing vehicle sales.

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