New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer: Chevron CEO
Media Release
Jun. 26, 2006

New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer says Chevron CEO. He continues "Fifteen percent of the corn crop today goes into fuel, but it's only 2 percent of the fuel. Do the math on how practical that is for the long term. You''ve got to go to some other means of making ethanol, from something that's a waste product. That's where we''ve got to go for the long term."

New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer: Chevron CEO
Media Release
Fifteen percent of the corn crop today goes into fuel, but it's only 2 percent of the fuel
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Berkshire Hathaway fortune, worth well over $40 billion going to Bill & Melinda Gates Foundation
Media Release
Within months, he said, he would begin to give away his Berkshire Hathaway fortune, worth well over $40 billion. Most of it is going to the Bill & Melinda Gates Foundation, he said.
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Oil prices rose this week, while metal prices fell
Media Release
Oil rises on Norwegian strike fears
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Lakshmi Mittal, the billionaire Indian steel tycoon considers raising Arcelor bid
Media Release
Lakshmi Mittal, the billionaire Indian steel tycoon, was Wednesday night weighing up whether to increase his company's €25.8bn ($32.7bn) offer for Arcelor...
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Yoshiaki Murakami, the Japanese corporate raider, was on Friday indicted on charges of insider trading
Media Release
Yoshiaki Murakami, the Japanese corporate raider, was on Friday indicted on charges of insider trading after he admitted in public to breaking the law inadvertently.
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Oracle reported a 25 per cent increase in revenues in the final three months
Media Release
US software maker reported a 25 per cent increase in revenues in the final three months of its latest fiscal year.
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Government bonds weakened and yields rose
Media Release
Government bonds weakened and yields rose this week as markets around the world continued to be driven by interest rate rise speculation
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US launched a secret finance tracking project after the September 11 terror attacks as part of its counter-terrorist activities
Media Release
The US launched a secret finance tracking project after the September 11 terror attacks as part of its counter-terrorist activities, John Snow, the US Treasury secretary confirmed on Friday.
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