24/7 Oil and Gas News Coverage
February 28, 2012
BIO FUEL
Green fuel versus black gold
Tsukuba, Japan (SPX) Feb 28, 2012
A life cycle assessment of growing crops for fuel as opposed to refining and using fossil fuels has revealed that substitution of gasoline by bioethanol converted from energy crops has considerable potential for rendering our society more sustainable, according to a Japanese study published in the International Journal of Foresight and Innovation Policy. Kiyotada Hayashi of the National Agriculture and Food Research Organisation in Tsukuba and colleagues explain how biomass derived from sugarcane, ... read more

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Oil sands pollution comparable to a large power plant
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BP oil spill trial delayed for settlement talks
A blockbuster trial to determine how much BP and its subcontractors owe for the massive 2010 Gulf of Mexico oil spill was delayed a week to allow for more settlement talks, a judge ruled Sunday. ... more
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Study: Cheaper gas lowered emissions
Fewer emissions from U.S. power plants in 2009 were the result of cheaper prices of natural gas, reducing the industry's reliance on coal, researchers say. ... more
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Oil prices lower in Asian trade
Oil prices were lower in Asian trade Monday as traders took profits from last week's gains, while concerns over crude producer Iran's nuclear programme remain, analysts said. ... more
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TransCanada in new push for US pipeline
TransCanada Corp announced Monday it would go ahead with construction of part of its Keystone XL oil pipeline that does not require US presidential approval, a stretch from the state of Oklahoma to the US Gulf Coast. ... more
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'Xena' actress arrested in New Zealand oil protest
"Xena: Warrior Princess" actress Lucy Lawless was arrested in New Zealand Monday after occupying an oil-drilling ship for three days to protest plans to search for oil off Alaska, Greenpeace said. ... more
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BP oil spill trial delayed a week
The BP trial in New Orleans to determine how much the British energy giant owes for the massive 2010 Gulf of Mexico oil spill has been delayed a week to allow for more settlement talks, a court order said Sunday. ... more
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US bolsters defenses in Strait of Hormuz: report
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BIO FUEL

Biofuel said a sustainable fuel source
Growing crops for fuel as opposed to refining fossil fuels and substituting bioethanol for gasoline is a sustainable energy strategy, Japanese researchers say. ... more
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Angola's Sonangol pulling out of Iran
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Japan pledges loans to Iraq amid Iran squeeze
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Oil rises on rosy economic data, Iran concerns
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'Xena' actress storms ship in New Zealand oil drill protest
"Xena: Warrior Princess" actress Lucy Lawless and a group of Greenpeace activists boarded an oil-drilling ship in New Zealand Friday in a bid to disrupt plans to search for oil off Alaska. ... more
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Offshore Oil and Gas Development in APAC
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New study shows no evidence of groundwater contamination from hydraulic fracturing
Hydraulic fracturing of shale formations to extract natural gas has no direct connection to reports of groundwater contamination, based on evidence reviewed in a study released Thursday by the Energ ... more
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China's CNOOC in talks on Uganda refinery: report
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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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Arctic micro-organisms may hold key to dealing with oil spills in the North
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Deepwater Horizon disaster could have billion dollar impact
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Oil prices surge with Middle East tensions
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Sudan accuses South Sudan of plot
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EU-Canada row over tar sands set to rumble
A fierce row over EU moves to label oil from Canada's massive tar sands reserves as highly polluting looked set to deepen when talks between experts from the 27-nation bloc ended in stalemate Thursday. ... more
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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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Ecuador court rejects Chevron arbitration ruling
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Shell details losses of Nigerian crude
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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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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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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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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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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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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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