24/7 Oil and Gas News Coverage
February 16, 2012
BIO FUEL
ORNL explores proteins in Yellowstone bacteria for biofuel inspiration
Oak Ridge TN (SPX) Feb 16, 2012
Studies of bacteria first found in Yellowstone's hot springs are furthering efforts at the Department of Energy's BioEnergy Science Center toward commercially viable ethanol production from crops such as switchgrass. The current production of ethanol relies on the use of expensive enzymes that break down complex plant materials to yield sugars that are fermented into ethanol. One suggested cheaper alternative is consolidated bioprocessing, a streamlined process that uses microorganisms to break do ... read more

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ENERGY TECH

Territorial Disputes Hamper Offshore Exploration and Production Efforts in Far East
Efforts of countries in the Asia-Pacific region to boost their offshore exploration and production (E and P) activities and reduce their rising dependency on imported oil and gas will be hindered by ... more
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ENERGY TECH

Oil prices spike on Iran export warning to EU
World oil prices spiked on Wednesday after Iran warned that it may suspend crude exports to six European Union countries amid escalating tensions over Tehran's nuclear program. ... more
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ENERGY TECH

Tens of billions at stake in BP oil spill trial
Tens of billions of dollars will be at stake when BP heads to a US court this month to determine how much it owes for the massive Gulf of Mexico oil spill and how much it can shift to subcontractors. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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BIO FUEL

Ethanol mandate not the best option
Many people are willing to pay a premium for ethanol, but not enough to justify the government mandate for the corn-based fuel, a Michigan State University economist argues. Soren Anderson stu ... more
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ENERGY TECH

Iraq aims to more than double northern oil output
Iraq aims to more than double northern oil production from around 600,000 barrels per day (bpd) to about 1.3 million bpd by the end of 2014, executives from the Northern Oil Co told AFP. ... more
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BIO FUEL

Grass to gas: UGA researchers' genome map speeds biofuel development
Researchers at the University of Georgia have taken a major step in the ongoing effort to find sources of cleaner, renewable energy by mapping the genomes of two originator cells of Miscanthus x gig ... more
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ENERGY TECH

Walker's World: The Falklands again
Some say it is the new Meryl Streep movie about Margaret Thatcher coming out in time for the 30th anniversary of her splendid little war. ... more
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24/7 News Coverage
'Let them live in peace': survivor's fight for uncontacted Amazon people
La Nina is back, but impact may be limited: US agency
Plastic pollution treaty not dead in the water: UN environment chief
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BIO FUEL

Study: Mandating ethanol wrong solution
While many Americans are willing to pay a premium for ethanol fuel, it doesn't justify a government mandate for the fuel, a U.S economist argues. ... more
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ENERGY TECH

Iran 'steals Iraqi oil to beat sanctions'
Iran has been systematically plundering large amounts of oil from southern Iraq for years, a theft on a grand scale that's helping the Islamic Republic withstand sanctions aimed at throttling its oil exports, a U.S. security consultancy says. ... more
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ENERGY TECH

Gulf of Mexico spill: Weatherford says exonerated by court
Swiss oil industry subcontractor Weatherford said on Monday that a US court had exonerated it of all charges in connection with the devastating oil spill in the Gulf of Mexico in 2010. ... more
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ENERGY TECH

Sudan rebels say six captives are civilian engineers
Rebels in Sudan are holding captive six Sudanese civilian engineers who worked with a group of Chinese freed by the rebels several days ago, a spokesman for the insurgents said on Saturday. ... more
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ENERGY TECH

Iraq begins pumping oil to new Gulf terminal
Iraq began pumping oil on Sunday to the first of five floating terminals in the Gulf in a move that will increase its export capacity by 850,000 barrels per day. ... more
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ENERGY TECH

More environmental rules needed for shale gas
In his State of the Union address, President Barack Obama praised the potential of the country's tremendous supply of natural gas buried in shale. He echoed the recommendations for safe extraction m ... more
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ENERGY TECH

Argentina says Britain has nuclear weapons in Falklands
Argentina on Friday accused Britain of sending nuclear weapons to the disputed Falkland islands, while UN leader Ban Ki-moon appealed to both sides to avoid an "escalation" of their sovereignty battle. ... more
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ENERGY TECH

Chevron-Ecuador arbitration panel set
Chevron and the Ecuadoran government agreed to create an arbitration panel to review a $9.5 billion judgment against the oil giant for damage to the Amazon rainforest, activists and the company said Thursday. ... more
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BIO FUEL

Fuel from market waste
Mushy tomatoes, brown bananas and overripe cherries - to date, waste from wholesale markets has ended up on the compost heap at best. In future it will be put to better use: Researchers have develop ... more
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BIO FUEL

Sustainable land use strategies to support bioenergy
Applying 21st century tools and technologies to manage land use, maximize biomass production, and increase the efficiency of processes for extracting energy from renewable resources will enable the ... more
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ENERGY TECH

Turkey: Gas flows from Azerbaijan resume
A technical glitch that all but halted natural gas flows from Azerbaijan and Iran into Turkey this week has been fixed, Turkish Energy Minister Taner Yildiz says. ... more
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ENERGY TECH

Israel boosts naval forces in gas fields
The Israeli government plans to build a floating liquefied natural gas terminal with a sea-based defense radar system off its Mediterranean coast while forming a naval force to protect its rich offshore gas fields against terrorist attack. ... more
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ENERGY TECH

Chevron-Ecuador arbitration panel set: activists
Chevron and the Ecuadoran government agreed to create an arbitration panel to review a $9.5 billion judgment against the oil giant for environmental damage to the Amazon rainforest, activists said Thursday. ... more
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ENERGY TECH

India eyes business with sanctions-hit Iran
India Thursday said it would send a "huge" trade mission to Iran to explore business opportunities created by sanctions imposed by the West over the Islamic Republic's disputed nuclear programme. ... more
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ENERGY TECH

WWF urges banks to block Sakhalin oil plan and save whales
Environment group WWF on Thursday urged three European banks to block Russian giant Sakhalin Energy's plan to build an oil drilling platform that the group claims could harm the endangered grey whale. ... more
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ENERGY TECH

Israel seeks Cyprus base to guard gas zone
Israel is reported to be seeking to deploy fighter aircraft in Cyprus, its partner in developing a natural gas bonanza under the eastern Mediterranean, to protect the vital energy resources. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Trump suggests Spain be expelled from NATO over low defense spending
Team of 200 US troops to 'oversee' Gaza truce: US officials
Trump says 'stepping up pressure' to end Ukraine war
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BIO FUEL

Pennsylvania State Fire Academy Offers Course in Ethanol Response
The State Fire Academy is taking its school on the road, beginning with a training course next month on how to respond to ethanol incidents. State Fire Commissioner Ed Mann said the Internatio ... more
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BIO FUEL

Enerkem and GreenField Ethanol Announce Quebec's First Waste-to-Biofuels Production Facility
At a news conference in Varennes, the Government of Quebec announced its plan to inject $27 million in Quebec's first full-scale commercial cellulosic ethanol plant through the Ministry of Natural R ... more
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ENERGY TECH

Commerce returns to Iran-Iraq border river
Commercial traffic has resumed on the strategic Shatt al-Arab waterway after a three-decade break with the official opening of a port for oil giant Shell, an Iraqi official said on Tuesday. ... more
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ENERGY TECH

BP surges back into profits, as US criminal trial looms
BP returned to profit with a bang last year, posting net earnings of $23.9 billion on Tuesday, as the British energy giant prepared for a criminal trial over the US Gulf of Mexico oil spill disaster. ... more
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ENERGY TECH

Rebels free 29 Chinese in Sudan
A group of 29 Chinese workers taken by rebels in southern Sudan 11 days ago has been freed in good health and flown to Kenya, officials said on Tuesday, after Beijing protested their capture. ... more
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ENERGY TECH

Italy to hold gas talks as cold snap toll hits 26
Italy was set to hold emergency talks on Tuesday aimed at maximising gas supplies to vulnerable households as the cold snap tightened its grip on the country and the death toll rose to 26. ... more
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ENERGY TECH

Chinese workers freed in Sudan: foreign ministry
A group of Chinese workers "kidnapped" by rebels in southern Sudan 11 days ago have been freed and flown to Kenya, the foreign ministry said on Tuesday. ... more
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ENERGY TECH

Commercial traffic resumes on Shatt al-Arab
Commercial traffic has resumed on the strategic Shatt al-Arab waterway after 31 years, with the official opening of a port for oil giant Shell, an Iraqi official said on Tuesday. ... more
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