Food Price Index Holds Steady

Global food prices were steady in September, as lower sugar prices were offset by increased quotations for vegetable oils and meat. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 170 points in September, virtually unchanged from August and 3.3 percent …

Australian Solar Could Power Singapore Within a Decade

When the 720 km power cable from Norway to the UK made landfall two years ago it was hailed as the longest in the world. Now a Singaporean renewable energy company has plans for an undersea power line five times longer. Sun Cable plans to generate electricity using solar power …

Could US Overtake Saudi Arabia as World’s Top Oil Exporter?

The US will start exporting more oil than Russia and could potentially overtake Saudi Arabia as the world’s top exporter in the next five years. The forecast from the International Energy Agency (IEA) comes after a “spectacular growth” of 2.2 million barrels per day (mb/d) of oil in the US …