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Japan produces gas from methane hydrate

  TOKYO / Reuters Japan’s trade ministry on Monday reported success in producing gas last week by extracting methane gas from methane hydrate deposits offshore Japan’s central coast. The tests being run at two different wells are the first since 2013, when Japan achieved the world’s first-ever extraction of gas from offshore deposits of methane hydrate, a frozen gas known ...

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Iran gold jewellery demand increases to four-year high

  Bloomberg Iran’s gold jewellery demand climbed to a four-year high in the first quarter, as the rest of the Middle East was hurt by low oil prices. An improving economy helped Iran’s jewelry demand climb 27 percent from a year earlier to 12.9 metric tons in the first three months this year, the World Gold Council said in a ...

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Obama warned Trump against hiring Flynn, ex-officials say

  Bloomberg President Barack Obama warned Donald Trump during the presidential transition against hiring Michael Flynn as his national security adviser, according to two former Obama administration officials. The revelation came hours before Trump’s former Acting Attorney General Sally Yates, a holdover from the Obama administration, is to testify to a Senate panel about what the Trump White House was ...

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