24/7 Oil and Gas News Coverage
March 26, 2012
BIO FUEL
Boeing , Airbus and Embraer team up to develop aviation biofuels
Geneva, Switzerland (SPX) Mar 26, 2012
Boeing, Airbus and Embraer have signed a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels. The three leading airframe manufacturers agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources. Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus President and CEO Tom Enders, and Embr ... read more

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BIO FUEL

Fungal Analysis Reveals Clues for Targeted Biomass Deconstruction
Massive-scale genome sequencing projects supported by the U.S. Department of Energy (DOE) and being carried out at the DOE Joint Genome Institute (JGI) highlight the importance of learning how the c ... more
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AEROSPACE

Asia gets new budget airline eyeing Chinese flyers
Australian flag carrier Qantas and China Eastern Airlines said Monday they will launch a new Hong Kong-based budget airline next year aimed at cashing in on China's booming aviation market. ... more
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ENERGY TECH

Sanctions against Iran put cloud over global growth
Tightened sanctions by the West have yet to dissuade Iran from pursuing its controversial nuclear programme but have triggered an oil price spike that could trigger a global recession. ... 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

Troubled Nigeria's oil output under threat
Nigeria's oil production is under threat because of escalating piracy off West Africa, a simmering insurgency in the Niger Delta, the theft of up to 150,000 barrels a day by militants and pirates and deadly Islamist terrorism linked to al-Qaida. ... more
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ENERGY TECH

Lower Poland shale gas reserves estimated
Poland's supply of shale natural gas reserves may be much smaller than early estimates but still enough to cover its needs for decades, a government report says. ... more
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ENERGY TECH

Oil spikes on Iran fears; other markets hit by China data
Oil prices jumped late Friday on Iran supply tensions, but most commodities fell this week as worse-than-expected economic data from China and Europe stoked concerns over global demand. ... more
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ENERGY TECH

Shell sued in Britain over Nigeria oil spills
Lawyers for more than 11,000 Nigerians initiated formal legal proceedings against oil giant Shell in London on Friday after the breakdown of negotiations on compensation following two oil spills. ... more
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24/7 News Coverage
No peace: Trump's smoldering Nobel obsession
Virtual Jesus? People of faith divided as AI enters religion
New species of poisonous frog discovered in Amazon; Snakebite surge as Bangladesh hit by floods
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AEROSPACE

Cessna signs agreements with Chinese manufacturer
Aircraft manufacturer Cessna announced Friday that it was joining forces with the Aviation Industry Corporation of China (AVIC) to manufacture a range of planes in the country. ... more
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ENERGY TECH

Study finds room to store CO2 underground
A new study by researchers at MIT shows that there is enough capacity in deep saline aquifers in the United States to store at least a century's worth of carbon dioxide emissions from the nation's c ... more
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ENERGY TECH

Iraq ascendant as power shifts in OPEC
Amid the threats to global oil supplies caused by the Persian Gulf confrontation between the United States and Iran, the longtime oil-power rivalry between the Islamic Republic and a resurgent Iraq is mounting. ... more
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ENERGY TECH

Croatia joins EU oil embargo against Iran
Future European Union member state Croatia announced Thursday that it had joined the bloc's embargo of Iranian oil. ... more
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ENERGY TECH

Romania sees shale gas as boon despite controversy
Romania is looking to exploit shale gas reserves in a drive for energy self-sufficiency, but critics organising demonstrations on Thursday warn of big risks for the environment. ... more
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ENERGY TECH

Vietnam, China in new spat over fishermen detentions
China said Thursday the detention of two Vietnamese fishing boats and 21 crew near the disputed Paracel Islands was lawful, after Hanoi demanded their "immediate and unconditional" release. ... more
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ENERGY TECH

Oil prices tumble on weak Chinese data
World oil prices tumbled Thursday in reaction to weak Chinese economic data and after France said industrialised countries were considering the release of crude stockpiles, analysts said. ... more
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ENERGY TECH

Chevron accused of 'environmental crime' in Brazil
Federal prosecutors in Rio de Janeiro on Wednesday accused US oil giant Chevron and 17 executives of "environmental crime" in connection with a major spill off southeastern Brazil last November. ... more
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Space News from SpaceDaily.com
Space agencies track rare 3I/ATLAS interstellar object near Mars
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ENERGY TECH

Lukoil, Samsung in deal to up Iraq output
Lukoil signed a $1 billion deal with South Korea's Samsung Engineering on Thursday to develop Iraq's second-biggest oil field, in which the Russian energy giant has a majority stake. ... more
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AEROSPACE

A biplane to break the sound barrier
For 27 years, the Concorde provided its passengers with a rare luxury: time saved. For a pricey fare, the sleek supersonic jet ferried its ticketholders from New York to Paris in a mere three-and-a- ... more
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ENERGY TECH

Argentina, Spain row over oil firm worsens
Argentina has upped the stakes in a row with the country's biggest energy company that threatens to go beyond a business dispute and become a political confrontation with Spain. ... more
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AEROSPACE

Aviation driving growth in Latin America
Growth in aviation and related security business is driving economic growth in Latin America and the Caribbean where it has created more than 4 million jobs and contributed $107 billion to national earnings, a report said. ... more
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ENERGY TECH

Shell signs contract for China shale gas
Oil giant Royal Dutch Shell signed a production-sharing contract with state-controlled China National Petroleum Corp. to explore, develop and produce shale gas in China. ... more
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BIO FUEL

First complete full genetic map of promising energy crop
Researchers in Wales and the United States have collaborated to complete the first high-resolution, comprehensive genetic map of a promising energy crop called miscanthus. The results - published in ... more
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ENERGY TECH

Japan pledges major cut in Iran oil imports
Japan said Wednesday it would continue reducing its Iran oil imports "considerably", while hailing a US decision to exempt it from new sanctions against doing business with the nuclear aspirant. ... more
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ENERGY TECH

China holding 21 Vietnamese fishermen: official
Chinese authorities are holding two Vietnamese boats and 21 crew who were detained while fishing near the disputed Paracel Islands, an official said Wednesday. ... 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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BIO FUEL

US Navy Tests Soladiesel HRD-76 During Operational Transit Voyage in USS Ford Frigate
Solazyme has announced that the USS Ford, a U.S. Navy Frigate fleet ship, successfully journeyed from its homeport in Everett, WA to San Diego, CA using Soladiesel HRD-76, Solazyme's 100% algal deri ... more
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ENERGY TECH

Vietnam asks China to release 21 fishermen
Vietnam has asked China to immediately release two Vietnamese boats and 21 crew detained more than two weeks ago while fishing near the disputed Paracel Islands, the foreign ministry said. ... more
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BIO FUEL

Solar, Wind, and Biofuels Markets Rise 31 Percent Despite Ongoing Economic Turbulence
Clean-energy markets continued to expand rapidly in 2011, even against a tough economic and political climate, increased industry consolidation, and downward pricing pressures on manufacturers. ... more
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BIO FUEL

Cobalt and the Naval Air Warfare Center Team Up to Produce a Renewable Jet Fuel From Bio N-Butanol
The Naval Air Warfare Center Weapons Division (NAWCWD), China Lake has announced a contract award to Albemarle Corporation, a leading specialty chemicals company, to complete its first biojet fuel p ... more
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CAR TECH

Three-cylinder cars coming to U.S.
U.S. automakers say new cars with three-cylinder engines can give better gas mileage with the same power as the four-cylinder compact sedans Americans buy now. ... more
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BIO FUEL

Barrels of Biofuel Flowing from Success at Louisiana Facility
With barrels of biofuel flowing from the success of America's first commercial advanced biofuels plant, the Advanced Biofuels Association, ABFA, takes its online video series, Better Fuels Moment, o ... more
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BIO FUEL

Mendel Biotechnology and BP Biofuels to Conduct Demonstration Field Trial of PowerCane Miscanthus
Mendel Biotechnology and BP Biofuels have signed a four-year agreement to conduct a demonstration field trial of Mendel's PowerCane Miscanthus and evaluate its performance as feedstock for biofuel p ... more
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ENERGY TECH

Chevron blamed in Brazil oil spill: report
A huge oil spill off Brazil's southern coast was the result of excessive pressure used by oil giant Chevron in drilling the sea floor, according to a report by police and prosecutors published by local media Tuesday. ... more
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