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NTPC: Buy

Published November 22, 2008, 10:21 am, The Hindu

Investors looking for a defensive play in the current market can buy the stock of National Thermal Power Corporation (NTPC), trading at Rs 150 (price earnings multiple of 13). The stock has managed the market storm relatively better than many others.

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Saudi Arabian Shares Drop to January 2004 Low; Sabic Falls

Published November 22, 2008, 6:55 am, Bloomberg

Nov. 22 (Bloomberg) -- Saudi Arabian shares dropped to the lowest in almost five years as Saudi Basic Industries Corp. extended the shutdown of a plant in Europe and on concern the global economic slowdown will impact growth in the kingdom.

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Coal gasification technology new to U.S.

Published November 22, 2008, 4:21 am, The Pottsville Republican & Herald

A $400 million coal gasification plant proposed for the Good Spring area would join just two existing U.S. plants that use the same technology, according to the U.S. Department of Energy.

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Saudi Arabian Shares Drop to January 2004 Low; Sabic Falls

Published November 22, 2008, 4:16 am, Bloomberg

Nov. 22 (Bloomberg) -- Saudi Arabian shares dropped to the lowest in almost five years as Saudi Basic Industries Corp. extended the shutdown of a plant and on concern the global economic slowdown will impact growth in the kingdom.

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Baard Energy officials comment on air permit approval

Published November 22, 2008, 3:13 am, The East Liverpool Review

WELLSVILLE - In a press release issued Friday, representatives of Baard Energy commented on the Ohio Environmental Protection Agency's decision to issue a final air permit to the Ohio River Clean Fuels project.

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Army Corps approves wetlands permit for Baard

Published November 22, 2008, 3:10 am, Lisbon Morning Journal

WELLSVILLE - Baard Energy received two pieces of good news Thursday.

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Gasification plant would be rarity in U.S.

Published November 22, 2008, 2:45 am, The Shamokin News-Item

The $400 million coal gasification plant proposed for Schuylkill County would join just two existing U.S. plants that use the same technology, according to the U.S. Department of Energy.

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Saudi Arabian Shares Drop to January 2004 Low; Sabic Falls

Published November 22, 2008, 1:23 am, Bloomberg

Nov. 22 (Bloomberg) -- Saudi Arabia's benchmark index declined for a third day, led by Saudi Basic Industries Corp. , after the country's biggest listed company extended the shutdown of a plant in Europe.

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(AFX UK Focus) 2008-11-22 00:11 UPDATE 1-Control room work may delay Texas refinery return

Published November 21, 2008, 4:35 pm, Interactive Investor

By Erwin Seba

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Sabic Shuts Naphtha Unit at Geleen Plant for Repairs (Update1)

Published November 21, 2008, 7:58 am, Bloomberg

Nov. 21 (Bloomberg) -- Saudi Basic Industries Corp., the world’s biggest chemicals maker by market value, is repairing a naphtha cracker at its plant in the Netherlands after shutting it because of a fault earlier this week.

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