Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven

Ultra Petroleum Corp. was a shale success story. A former penny stock that made the big leagues, it was worth ...

Annual Global Cost of Piracy Measured in Billions

The global cost of piracy, including the cost of piracy off eastern Africa, remains uncertain, with existing...

China spends billions to subsidize ecological zones

Jul.2--China's Ministry of Finance announced Tuesday it has allocated 48 billion yuan (7.8 billion U.S. dollars...

Weifang Invests Billions on Port Development

By the end of the 12th Five-Year period（2011-2015）, Weifang City has invested 10 billion on port construction projects. 13 more berths of 5000 tonnages and 19 more berths over 20000 tonnages have been newly built. Port capacity has developed to 53 million