24/7 Oil and Gas News Coverage
March 17, 2012
ENERGY TECH
Israel oil find sharpens Med energy scrap
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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ENERGY TECH

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
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ENERGY TECH

White House: No release of oil reserves
The White House has denied news reports that U.S. President Barack Obama and British Prime Minister David Cameron agreed to release oil from strategic petroleum reserves to ease gasoline prices. ... more
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ENERGY TECH

Baghdad, Kurds square off in oil dispute
The simmering dispute between Iraq's central government and the semi-autonomous Kurdish region over oil has ramped up a couple of notches amid a swelling political crisis in which some provinces are demanding self-rule. ... 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

Spain clears oil exploration off Canary Islands resort
Spain's deficit-laden government approved Friday oil exploration by Repsol YPF SA off the Canary Islands despite opposition by the archipelago, which fears deterring tourists. ... more
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CAR TECH

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
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BIO FUEL

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
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ENERGY TECH

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
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24/7 News Coverage
Jane Goodall's final wish: blast Trump, Musk and Putin to space
Veggie 'burgers' face the chop as EU lawmakers back labeling ban
September third-hottest globally on record: climate monitor
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ENERGY TECH

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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ENERGY TECH

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
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ENERGY TECH

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
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ENERGY TECH

Clooney arrested in Sudan protest
Actor George Clooney and several members of the US Congress were handcuffed and arrested Friday outside Sudan's embassy as they demanded an end to an offensive they fear will cause thousands to starve. ... more
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ENERGY TECH

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
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ENERGY TECH

2,000 child soldiers in South Sudan ranks: UN
South Sudan must uphold promises to abolish its use of child soldiers, with some 2,000 minors still serving in its rebel turned regular army, the UN's top expert on children in conflict said Friday. ... more
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ENERGY TECH

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
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ENERGY TECH

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
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Space News from SpaceDaily.com
Europe's new METimage instrument delivers first ultra-detailed views of Earth
Lunar mega basin signals radioactive ejecta and reshapes Moon origin story
Two decades of Mars images reveal fast moving dust devils and stronger winds
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ENERGY TECH

Rusal taps Hong Kong executive after oligarch fight
The world's biggest aluminium producer Rusal on Friday named the head of the Hong Kong Mercantile Exchange as new chairman after a bitter public struggle between its Russian oligarch shareholders. ... more
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ENERGY TECH

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
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ENERGY TECH

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
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ENERGY TECH

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
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ENERGY TECH

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
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AEROSPACE

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
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AEROSPACE

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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ENERGY TECH

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
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Military Space News, Nuclear Weapons, Missile Defense
EU 'must respond' to Russia's 'hybrid warfare': von der Leyen
Russia says missile strike kills three in Belgorod region: governor
Trump unlikely to win Nobel Peace Prize, but who will?
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ENERGY TECH

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
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BIO FUEL

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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ENERGY TECH

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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ENERGY TECH

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
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ENERGY TECH

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
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ENERGY TECH

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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AEROSPACE

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
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ENERGY TECH

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
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