24/7 Oil and Gas News Coverage
April 04, 2012
CAR TECH
Fuel-efficient autos drive sales higher
Washington (AFP) April 3, 2012
US auto sales revved up in March amid an improving economy and as high gasoline prices boosted buying of fuel-efficient vehicles, US and foreign automakers said Tuesday. General Motors Company, the world's biggest automaker by sales, reported March sales of 231,052 vehicles in the United States, up 12 percent from a year ago. Solid gains were echoed at Ford, Chrysler, Toyota, Nissan, Hyundai and Volkswagen. "March overall vehicle sales were a bit lighter than expected but in view of the rece ... read more

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ENERGY TECH

Latin American oil draws new investors
New oil discoveries and prospects for further exploration are drawing investors to Latin America despite heightened tensions triggered by Argentina disputing British sovereignty over the Falkland Islands and its energy-rich deep water. ... more
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BIO FUEL

Algae biofuels: the wave of the future
Researchers at Virginia Bioinformatics Institute have assembled the draft genome of a marine algae sequence to aid scientists across the US in a project that aims to discover the best algae species ... more
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BIO FUEL

Is bioenergy expansion harmful to wildlife?
Despite the predicted environmental benefits of biofuels, converting land to grow bioenergy crops may harm native wildlife. Researchers at the Helmholtz Centre for Environmental Research in Leipzig ... 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

Outside View: $8 a gallon gas!
Campaigning for office, U.S. President Barack Obama promised to do something about high gasoline prices but now he is denying he can do much about what Americans pay to drive. He is too modest! ... more
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ENERGY TECH

Airstrike hits Sudan's Darfur: AU-UN
An airstrike took place near a populated area of Sudan's North Darfur state, without causing casualties, the African Union-United Nations peacekeeping mission UAMID said on Tuesday. ... more
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CAR TECH

BMW, Guggenheim salvage Berlin 'lab' after threats
German automaker BMW and New York's Guggenheim Museum said Tuesday they have found a new site in Berlin for an urban design "laboratory" after irate residents of a trendy district forced them out. ... more
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ENERGY TECH

Philippines urges united ASEAN stand on South China Sea
ASEAN should forge a common position on a proposed code of conduct aimed at easing tensions in the South China Sea before talking with China, Philippine President Benigno Aquino said Tuesday. ... 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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ENERGY TECH

Total to airlift team to stricken North Sea rig this week
Energy giant Total said it will send a team of experts by helicopter to a stricken North Sea gas platform on Wednesday or Thursday to assess how to stop a potentially explosive gas leak. ... more
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ENERGY TECH

New material cuts energy costs of separating gas for plastics and fuels
A new type of hybrid material developed at the University of California, Berkeley, could help oil and chemical companies save energy and money - and lower their environmental impacts - by eliminatin ... more
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ENERGY TECH

Uruguay mulls offering Iran rice for oil
Uruguay is considering offering Iran rice shipments in return for oil in apparent disregard of U.S.-led sanctions regarding Iran's disputed nuclear program. ... more
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ENERGY TECH

Novel filter material could cut natural gas refining costs
Measurements taken by a team including National Institute of Standards and Technology (NIST) scientists show that a newly created material has the ability to separate closely related components of n ... more
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ENERGY TECH

Total losing $2.5 mln a day from North Sea gas leak rig
French energy giant Total said Monday a gas leak in the North Sea platform is costing it $2.5 million (1.87 million euros) a day, as Greenpeace said the rig was surrounded by an oily sheen. ... more
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ENERGY TECH

Iraq rows with Kurds over oil and fugitive VP
Iraq was at loggerheads with Kurdistan Monday over the autonomous region's move to stop oil exports and allow Baghdad's fugitive vice president to visit Qatar despite terror charges against him. ... more
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ENERGY TECH

ASEAN struggles with South China Sea code
Southeast Asian foreign ministers wrangled Monday over a proposed code of conduct aimed at easing dangerous maritime disputes with Beijing in the South China Sea. ... more
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ENERGY TECH

Kurds halt oil exports in payment row
Iraq's Kurdish region halted oil exports on Sunday after Baghdad's top energy official warned it to reconsider before following through on the threat over the government's non-payment of funds. ... more
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Space News from SpaceDaily.com
Space agencies track rare 3I/ATLAS interstellar object near Mars
Space Force awards launch missions to SpaceX, ULA
Rocket test proves bacteria survive space launch and re-entry unharmed
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ENERGY TECH

Total awaits regulator's advice on stricken North Sea rig
French energy giant Total was awaiting advice from British regulators on Sunday on whether it was safe to approach a North Sea platform leaking flammable gas for a week. ... more
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BIO FUEL

2-in-1 device uses sewage as fuel to make electricity and clean the sewage
Scientists have described a new and more efficient version of an innovative device the size of a home washing machine that uses bacteria growing in municipal sewage to make electricity and clean up ... more
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ENERGY TECH

Oil higher in Asia on Chinese demand hopes
Oil prices were higher in Asia on Monday as dealers were boosted by figures showing a rise in manufacturing activity in China, the world's largest energy user, analysts said. ... more
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CAR TECH

Japan auto sales soar by record 78.2% in March
Japanese automobile sales saw their biggest-ever monthly surge in March, data showed Monday, a year after domestic demand plummeted in the wake of the country's quake-tsunami disaster. ... more
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AEROSPACE

Engine failure forces Cathay jet to turn back
A Cathay Pacific jumbo jet bound for Paris was forced to return to Hong Kong early Monday following an engine failure shortly after take off, a spokesman for the Hong Kong flag carrier said. ... more
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ENERGY TECH

ASEAN buoyed by Myanmar but worried by sea disputes
The aftermath of landmark by-elections in former pariah state Myanmar is set to dominate this week's summit of Southeast Asian leaders in Cambodia - unless a regional maritime row steals the show. ... more
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ENERGY TECH

Iraq says Kurdistan smuggling oil through Iran
Iraq's Kurdish region, which has halted crude exports in a row with Baghdad, owes the central government more than $5 billion and is smuggling the oil it produces through Iran, Iraqi officials said Monday. ... more
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ENERGY TECH

US firm to make pay-out for China oil spill: report
ConocoPhillips and its Chinese partner will pay around 305 million yuan ($48 million) to fishermen in a northern port city over a major oil spill last year, a state-backed newspaper said Monday. ... 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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AEROSPACE

China Southern committed to Airbus orders: report
China Southern Airlines said Friday it has no plans to cancel or delay its Airbus orders, Dow Jones Newswires reported, despite Chinese opposition to the European Union airlines carbon emissions fee. ... more
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ENERGY TECH

Philippines to build pier in disputed Spratlys
The Philippines will "exercise territorial sovereignty" and build a pier in the disputed Spratly islands in the South China Sea, officials said Friday. ... more
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ENERGY TECH

Russia's Gazprom cuts gas prices to Bulgaria: minister
Russia's gas giant Gazprom has agreed to cut natural gas prices to Bulgaria by just over 11 percent, Economy and Energy Minister Delyan Dobrev said after talks in Moscow on Friday. ... more
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ENERGY TECH

Iraq working on Strait of Hormuz tension: deputy PM
Iraq is "working very hard" with Washington and Tehran to reduce tensions over Iran's threat to close the Strait of Hormuz, a key global oil chokepoint, Baghdad's top energy official said on Sunday. ... more
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ENERGY TECH

Ecuador's Supreme Court to hear Chevron's appeal
Ecuador's Supreme Court agreed Thursday to hear an appeal by US oil giant Chevron to overturn its 2011 judgment and record fine for environmental damage. ... more
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CAR TECH

NRG Energy to Build Unprecedented Electric Vehicle Fast-Charging Infrastructure
The California Public Utilities Commission and NRG have entered into an agreement where NRG will build a comprehensive electric vehicle (EV) charging network in California, investing approximately $ ... more
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ENERGY TECH

France willing to tap strategic oil stocks
France is willing to release oil from its strategic reserves to help tamp down the soaring world price of crude oil, Energy Minister Eric Besson says. ... more
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ENERGY TECH

Falklands looks to future amid hopes for oil revenue
As the Falkland Islands prepares to mark Monday's 30th anniversary of a bitter war, its residents are instead looking to the future amid hopes of an oil boom. ... more
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