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Booming oil means record 2Q sales for Halliburton
Halliburton's second-quarter profit fell about 67 percent from a year ago, when it recorded a nearly $1 billion gain from its split with former subsidiary KBR, but the oilfield services provider posted record revenue and said prospects look good for the remainder of 2008.
Gold miner's son seeks energy refuge in solar
Senate Majority Leader Harry Reid has found a refuge in the nation's preoccupation with record energy prices. As giant oil companies like Exxon Mobil and ConocoPhillips get set to report what will probably be another round of eye-popping quarterly profits, just where is all that money going? After intense U.S. assaults, al-Qaida may be considering shifting focus to its original home base in Afghanistan, where American casualties are running higher than in Iraq, the top U.S. commander in Iraq said Saturday.
Arab League to discuss charges facing Sudan's prez
Arab foreign ministers are expected to discuss a proposal Saturday calling on Sudan's president to hand over two Darfur war crimes suspects to an international tribunal in an effort to fend off the longtime leader's own prosecution on genocide charges, Arab diplomats said. Saudi Arabia won praise Friday for taking a leading role in an interfaith conference, with participants saying it was another sign the conservative Muslim kingdom is opening up.
Cal Thomas: A school for scoundrels
Despite a report by the U.S. Commission on International Religious Freedom that the Islamic Saudi Academy in Alexandria, Va., has continued to use textbooks that teach hatred of everyone not of their specific brand of faith, the U.S. State Department has yet to act to close down the school.
Al-Qaida draws more foreign recruits to Afghan war
Afghanistan has been drawing a fresh influx of jihadi fighters from Turkey, Central Asia, Chechnya and the Middle East, one more sign that al-Qaida is regrouping on what is fast becoming the most active front of the war on terror groups.
Partnership doubles capacity of Canada crude line
Two major energy companies will spend $7 billion to nearly double the amount of crude flowing through a pipeline from Canada's tar sands to the U.S. Gulf Coast, highlighting intense demand for crude that was once too expensive to pull from the ground and process. The first stone was laid Wednesday at the Louvre's new Arts of Islam gallery, the first major modern architectural addition to the museum since its famed glass pyramid was built in the 1980s. More Saudi Arabia Stories
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