Asian utilities are stockpiling fuel oil as natural gas shortages boost demand for dirtier energy alternatives

A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana Thomson Reuters Asian utility companies are stocking up on dirtier fuel oil amid natural gas shortages. That's due to a slash in Russian gas supplies, leading Europe and Asia to compete for the alternatives left on the market. In August, Japan's fuel-oil purchases soared […]

Russian gold reserves hit historic high, stockpiling record 223 tons last year

The Central Bank of Russia (CBR) added 300,000 ounces (9.3 tons) of gold to its reserves in December, bringing the total yearly holdings to a record 1,838.211 tons, worth over $ 76 billion in monetary terms. Read more According to new statistics, Russia is currently the sixth-largest gold owner after the United States, Germany, Italy, […]

Las Vegas gunman Paddock spent decades stockpiling weapons and meticulously planned the attack

Thomson Reuters LAS VEGAS (Reuters) – The Las Vegas gunman who killed 58 people and himself in the deadliest mass shooting in modern U.S. history stockpiled weapons and ammunition over decades, and meticulously planned the attack, authorities believe. But what led Stephen Paddock, 64, to unleash the carnage he did remains largely a mystery. “What […]

2 days after WCry worm, Microsoft decries exploit stockpiling by governments

Enlarge (credit: Stephen Brashear / Getty Images News) Two days after a National Security Agency-derived ransomware worm infected 200,000 computers in 150 countries, Microsoft on Sunday criticized the stockpiling of exploits by government spies, warning it results in damage to civilians. The unusually blunt message from Microsoft President and Chief Legal Officer Brad Smith came […]