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![]() Tel Aviv, Israel (UPI) Mar 15, 2012 The discovery of potential oil reserves of 232 million barrels, plus another natural gas field off Israel's coast couldn't have come at a better time for the Jewish state as Egypt's Islamist-dominated parliament calls for cutting off gas exports to its eastern neighbor. But the strikes announced Tuesday also up the stakes in a simmering energy conflict in the volatile eastern Mediterranean involving Israel, Cyprus, Egypt, Greece and Turkey and their feuds. Israel's Modlin Energy Partners ... read more |
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![]() Trans-Caspian pipeline talks progressing Momentum is quickly building to conclude a trans-Caspian Sea pipeline agreement between the European Union, Azerbaijan and Turkmenistan, officials' comments indicate. ... more | .. |
![]() The "twilight zone" of traffic costs lives at stoplight intersections Hundreds of lives are being lost each year in the United States because of mistakes made in what engineers call the "dilemma zone" - that area before a stoplight intersection where the traffic light ... more | .. |
![]() Primus Green Energy Raises Funds for Renewable Gasoline Technology In a move that continues to strengthen its financial position, Primus Green Energy Inc., developer of a proprietary process to produce gasoline and other fuels from biomass and/or natural gas, has a ... more | .. |
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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![]() Outside View: Wisdom of drilling for oil Gasoline prices are zooming past $4 a gallon and the United States is hardly freer from the grip of imported oil or closer to robust economic recovery. With his approval ratings dropping precipitously, U.S. President Barack Obama is blaming speculators and investigating fraud and at the pump when this mess is the direct result of failed federal energy policies. ... more | .. |
![]() UN chief commends talks between Sudan, S.Sudan UN chief Ban Ki-moon on Wednesday commended efforts by the governments of Sudan and South Sudan to make progress in tense post-independence talks. ... more | .. |
![]() Japan indicts Chinese trawlerman at centre of spat Japan on Thursday indicted a Chinese trawlerman whose ramming of two Japanese coastguard vessels sparked a diplomatic showdown, in a symbolic move that was likely to fizzle out. ... more | .. |
![]() Visiongain Reveals the Top Twenty Companies in the Evolving $39bn Shale Gas Market Currently, North America is seeing a period of substantial oversupply as booming production coupled with unmatched demand leave a glut of gas on the market. As constraints in the natural gas market ... more |
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![]() Global Oil and Gas Pipelines Market Expected to Total $60.29bn in 2012 Visiongain's: The Oil and Gas Pipelines Market Analysis 2012-2022 report calculates the global oil and gas pipelines market to be worth $60.29bn in 2012. The growth in the oil and gas pipeline ... more | .. |
![]() Niobrara Shale Puts Colorado in the Spotlight as 'Oil Rush' Takes Hold Colorado is set to emerge as a major oil producer, thanks to developing interest from oil companies in the Niobrara shale, a new report by market intelligence experts GlobalData has found. The ... more | .. |
![]() Islamists threaten Somalia's new oil zone Islamist fighters linked to al-Qaida are reported to be moving into the semi-autonomous region of Puntland in northeastern Somalia where Western companies recently struck oil in fields believed to hold more than 1 billion barrels of crude. ... more | .. |
![]() Airbus fears China blocking more A330 sales: source Airbus fears that China is blocking an order for 10 more purchases of its A330 long-haul planes in reaction to a disputed European carbon tax, a source close to the company said on Wednesday. ... more |
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![]() Clooney: Obama to raise Sudan with Hu in Seoul Oscar winner George Clooney Thursday said President Barack Obama would press China's President Hu Jintao when they meet in Seoul this month for action on averting a humanitarian disaster in Sudan. ... more | .. |
![]() Iran slams using oil as 'political tool' Iran condemned on Wednesday what it said was the use of oil as a political tool against producers, referring to Western sanctions over Tehran's nuclear programme, as Saudi Arabia promised to cover any shortage in supplies. ... more | .. |
![]() Chevron suspends Brazil oil output following new spill US oil giant Chevron announced Thursday it was seeking temporary suspension of production operations off southeastern Brazil after a new spill was discovered. ... more | .. |
![]() South Sudan speaks of progress in talks with Sudan After months of failed talks, South Sudan says relations with its former civil war foe have become 'positive', with deals concluded this week on borders and citizenship paving the way for further progress. ... more |
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![]() Pakistan-Iran gas project hit by Chinese reluctance A multi-billion dollar gas pipeline project between Iran and Pakistan has run into difficulty over reluctance by a Chinese bank to sign up as an investor, officials said Wednesday. ... more | .. |
![]() Seoul warns Beijing over island claim South Korea has warned China that it will protect what it claims is South Korean territory - Ieodo Island, even though the landmass is about 15 feet below sea level. ... more | .. |
![]() US to step up minesweeping in Gulf The US Navy said Thursday it is doubling the number of minesweeping ships and helicopters based in the Gulf, amid growing tensions over Iran's threats to close the strategic Strait of Hormuz. ... more | .. |
![]() U.S. Navy OKs test with algal fuel blend The U.S. Navy announced it ran successful tests on a new shipboard fuel blending petroleum and renewable marine diesel derived from algae. ... more |
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![]() The shape of things to come When oil started gushing into the Gulf of Mexico in late April 2010, friends asked George Haller whether he was tracking its movement. That's because the McGill engineering professor has been workin ... more | .. |
![]() Hydrogen-powered plane completes taxi test Boeing says its Phantom Eye unmanned aircraft, burning liquid hydrogen as a fuel, has successfully completed its initial taxi test in California. ... more | .. |
![]() Oil prices fall as China data sparks fresh demand worries World oil prices dropped on Monday as investors fretted over the strength of worldwide energy demand following weak Chinese economic data. ... more | .. |
![]() S. Korea's rejects China's claim on disputed reef South Korea on Monday said a submerged outcropping of rock off its southern coast was part of its "natural territory", days after a top Chinese official reportedly laid claim to the disputed area. ... more |
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![]() Chinese diplomat sees airlines turning to Boeing over EU tax A senior Chinese diplomat said it "makes sense" for Chinese airlines to shun aircraft made in Europe, owing to an EU tax on aircraft emisssions, the Wall Street Journal reported on Monday. ... more | .. |
![]() Vietnam to send monks to Spratly Islands Vietnam will send six Buddhist monks to occupy refurbished shrines and religious buildings on several islands in the disputed Spratly Islands group. ... more | .. |
![]() Total, Kuwait's KPC sign China refinery agreement Kuwait Petroleum Corp and France's Total on Tuesday signed a memorandum of understanding to be partners in a Kuwait-China oil refinery joint venture, the French energy giant said. ... more | .. |
![]() China's Lingyun acquires German car parts maker Kiekert Chinese automotive supplier Heibei Lingyun Industrial Group Corporation has acquired Kiekert, a German maker of latch systems for cars, the German company announced on Tuesday. ... more |
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![]() French Total seeks business in Iraqi Kurdistan: chief French oil giant Total is in talks to tap opportunities to invest in autonomous Iraqi Kurdistan, its chief said Tuesday as Baghdad insists contracts should go through the central government. ... more | .. |
![]() Iraq considering shutting down Baghdad for summit Iraqi forces may shut down Baghdad and its airspace to safeguard an upcoming Arab League summit in the capital because Al-Qaeda is seeking to derail the meeting, a senior general told AFP on Monday. ... more | .. |
![]() Oil price volatility in focus at world energy forum The world's largest energy forum began meetings on Monday over oil price fluctuations and safeguarding supplies amid heightened tensions over Iran's nuclear programme and a softening in global growth. ... more | .. |
![]() Portable chargers, boosters to ease green car charging woes Chevrolet Europe's president Susan Doherty drives to work every day in an electric car, and thanks to a recharging station at work, she never worries about running out of power. ... more |
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