24/7 Oil and Gas News Coverage
February 23, 2012
ENERGY TECH
Arctic micro-organisms may hold key to dealing with oil spills in the North
Vancouver, Canada (SPX) Feb 23, 2012
Marcel Babin, Canada Excellence Research Chair in Remote Sensing of Canada's New Arctic Frontier at the Universite Laval, will be discussing his research on the effects of environmental changes in the Arctic as part of an upcoming press breakfast panel discussion. The February 17 Canada Press Breakfast on the Arctic and oceans will be part of the 178th annual meeting of the American Association for the Advancement of Science, to be held in Vancouver, and will feature a variety of prominent researc ... read more

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ENERGY TECH

Deepwater Horizon disaster could have billion dollar impact
The Deepwater Horizon oil spill in the Gulf of Mexico in April 2010 will have a large economic impact on the U.S. Gulf fisheries. A new study published in the Canadian Journal of Fisheries and Aquat ... more
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ENERGY TECH

Oil prices lower on weak Europe, China data
Oil prices were lower in Asian trade Thursday, weighed by weak economic data from Europe and China, as well as an increase in US crude stockpiles indicating faltering demand. ... more
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ENERGY TECH

China's CNOOC in talks on Uganda refinery: report
Chinese oil giant CNOOC is negotiating with Uganda to invest in the African country's first oil refinery, state media said Thursday, as Beijing ramps up investment in the resource-rich continent. ... 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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ENERGY TECH

Caspian gas consortium picks TAP pipeline
The consortium controlling Azerbaijan's Shah Deniz II natural gas field this week tapped the proposed Trans-Adriatic Pipeline as a possible route to Europe. ... more
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ENERGY TECH

Shell details losses of Nigerian crude
U.S. petroleum company Shell Oil says Nigeria loses an estimated 150,000 barrels of crude oil each day because of theft in the Niger Delta region. ... more
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ENERGY TECH

South Sudan expels Chinese head of main oil firm
South Sudan has expelled the Chinese head of the country's largest oil firm Petrodar on charges of colluding with former civil war foe Sudan to "steal" millions of barrels of its oil, a minister said Wednesday. ... more
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ENERGY TECH

High oil prices test US economy, Obama
A jump in gasoline prices is threatening to smother the flickering flames of the US economic recovery and with them President Barack Obama's hopes of retaining the White House. ... 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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ENERGY TECH

Ecuador court rejects Chevron arbitration ruling
A court in Ecuador has flatly rejected a call by arbitrators to give Chevron temporary protection from a $9.5 billion pollution ruling, but will allow the US oil giant to appeal to the supreme court. ... more
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BIO FUEL

Plant toughness: Key to cracking biofuels?
Along with photosynthesis, the plant cell wall is one of the features that most set plants apart from animals. A structural molecule called cellulose is necessary for the manufacture of these walls. ... more
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BIO FUEL

Maize hybrid looks promising for biofuel
Scientists at the University of Illinois at Urbana-Champaign have identified a new contender in the bioenergy race: a temperate and tropical maize hybrid. Their findings, published in GCB Bioenergy, ... more
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ENERGY TECH

High oil prices test US economy, Obama
A jump in gasoline prices is threatening to smother the flickering flames of the US economic recovery and with them President Barack Obama's hopes of retaining the White House. ... more
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ENERGY TECH

India criticized for Iran oil imports
A former U.S. State Department official denounced India's "ill-advised" decision to continue to purchase oil from Iran despite Western sanctions on the Islamic Republic. ... more
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ENERGY TECH

Jordan PM plans to visit Iraq after Egypt gas cuts
Jordanian Prime Minister Awn Khasawneh said Tuesday he plans to visit Iraq "very soon" to look for alternatives for Egypt's gas after repeated cut-offs in supplies to the energy-poor kingdom. ... more
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BIO FUEL

Taking biofuel from forest to highway
The world is moving from a hydrocarbon economy to a carbohydrate economy, according to University of British Columbia biofuel expert Jack Saddler. He is presenting his work at the 2012 Annual Meetin ... more
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ENERGY TECH

Expert panel deliberates hydraulic fracturing in shale gas development
The use of hydraulic fracturing in shale gas development took center stage Friday as a panel of U.S. and Canadian experts discussed the contentious practice in a three-hour symposium hosted by the A ... more
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Space News from SpaceDaily.com
Europe needs reusable rockets to catch Musk's SpaceX: ESA chief
Most powerful cosmic radio ring yet found by citizen scientists
Lunar mega basin signals radioactive ejecta and reshapes Moon origin story
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BIO FUEL

Man-made photosynthesis to revolutionise food and energy production
Improving natural photosynthesis to make new fuels and boost crop production is the focus of Biotechnology and Biological Sciences Research Council (BBSRC) funded research presented at the American ... more
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ENERGY TECH

Canada threatens trade war with EU over oil sands
Canada has threatened to lodge a World Trade Organization complaint against the European Union if the bloc labels oil from Alberta's tar sands as highly polluting, documents published Monday show. ... more
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BIO FUEL

Improving logistics of biofuel raw materials
If the increased use of biomass to produce alternative fuels is to become a reality, more attention needs to be paid to logistics - how, for example, biomass raw materials are shipped from farm to r ... more
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ENERGY TECH

Iran: More high oil prices ahead for EU
Last week's spike in oil prices is what's in store for Europe if it follows through on moves to ban Iranian imports, a senior Tehran lawmaker says. ... more
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ENERGY TECH

Iraq oil exports down, income up in January
Iraq's oil exports dropped slightly in January but its income from oil sales was up due to higher prices per barrel, oil ministry figures published on Monday showed. ... more
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ENERGY TECH

Japan says China ordered halt to marine survey
Japanese coastguards were ordered by a Chinese ship to stop a marine survey in disputed waters at the weekend, officials said Monday, the latest territorial row between the regional giants. ... more
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ENERGY TECH

Gazprom: South Stream decision by November
Russian gas monopoly Gazprom says the company will make a "final" determination on whether to proceed with its long-planned South Stream pipeline in November. ... more
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ENERGY TECH

Panel protects Chevron in Ecuador case
An arbitration panel in The Hague backed Chevron's bid for temporary protection from a $9.5 billion Ecuador court judgment against the oil giant, documents showed Friday. ... 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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ENERGY TECH

Surface woes blamed for fracking flaws: study
Environmental contamination from operations to remove gas from deep within the Earth, known as hydraulic fracturing, often happens close to surface and not far below, said a US study released Thursday. ... more
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ENERGY TECH

Study addresses safety of fracking
The controversial practice of hydraulic fracturing used to release underground reserves of natural gas has no direct connection to groundwater contamination, a new study says. ... more
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ENERGY TECH

South Sudan oil shutdown pushes up prices
South Sudan's 3-week-old shutdown of its oil industry in a dispute over oil revenues with the fledgling state's former leaders in Khartoum is likely to drag on and push up global oil prices. ... more
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ENERGY TECH

Argentine Falklands surrender message up for auction
A copy of the original telex informing the British government of the Argentine military surrender in the Falklands War 30 years ago is going under the hammer, auction house Bonhams said Thursday. ... more
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BIO FUEL

ORNL explores proteins in Yellowstone bacteria for biofuel inspiration
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 su ... 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

Iraq: U.S. influence on oil thwarts Iran
Iraq aims to boost oil exports by 200,000 barrels per day through a new terminal on the Persian Gulf coast but to do that it has to depend on U.S. and other foreign investment to revitalize its energy industry, the key to economic prosperity. ... more
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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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