Bridesville.net Web News Archive

Oil industry weighs Rita damage (Reuters via Yahoo! News) - The U.S. oil industry rushed to check its refineries and offshore oil platforms over the weekend in the wake of Hurricane Rita, with early indications that the second major storm to hit the area in a month was less damaging than initially feared.

Energy Industry Spared Major Damage From Rita (MSNBC) - Faced with a knockout blow from hurricane Rita just days ago, the U.S. energy industry is heaving a collective sigh of relief Sunday as initial assessments show only limited damage to oil and natural gas platforms in the Gulf of Mexico.

Oil industry to assess Rita's damage (Reuters via Yahoo! News) - The U.S. oil industry snapped into action on Saturday to assess damage to its installations in the wake of Hurricane Rita, which hit the Gulf Coast near Sabine Pass, Texas, around daybreak.

Rita mostly spares oil and gas industry (Dallas Morning News) - Most of the Gulf Coast's array of refineries, pipelines and offshore platforms appear to have escaped severe harm from Hurricane Rita. But the storm still will force motorists to pay more at the pump this week, analysts said Sunday, as the industry restarts its operations and repairs moderate damage.

Citrus growers told to join forces to save industry (ABC News via Yahoo! Australia & NZ News) - Riverland citrus growers have been told they need to work together to ensure the future of the industry.

Record exec confirms Jobs' comment about "greedy" industry (Ars Technica) - Last week, Apple CEO Steve Jobs called the music industry "greedy" when it began pressuring Apple to raise prices of individual tracks above the current 99¢ level at the iTunes Music Store. That didn't go over too well with some industry execs.

Steel industry's views on the budget (The Star Online) - THE Malaysian steel industry harbours strong hope that Budget 2006 will be able to provide a conducive environment for material sourcing and efficient production, as well as some fresh injection of domestic investments which had stagnated in the past few years.

Biotech firms should take initiative to develop industry (The Edge Daily) - The country’s biotechnology agenda would only succeed if companies take the initiative to develop the industry, following the government’s lead in setting up the National Biotechnology Policy, which is essentially a roadmap to place the country on the global stage, says Dr Rajen M, chief executive officer of Tropical Botanics Sdn Bhd.

Take initiative in new drug molecule discovery, Kapil Sibal to industry (PharmaBiz) - The Indian Pharmaceutical Industry, with its rich scientific talents and research capabilities, supported by Intellectual Property Protection regime, is well set to mark its place in the world, according to Kapil Sibal, minister for science & technology and ocean development, Government of India.

China sets traditional Chinese medicine as strategic industry (People's Daily) - Chinese government has designated traditional medicine production as a strategic industry, a senior technology official told participants to an international conference held Sunday in Chengdu.