24/7 Oil and Gas News Coverage
April 20, 2012
ENERGY TECH
Argentina faces isolation over YPF seizure
Buenos Aires (UPI) Apr 19, 2012
Argentina faces international isolation over its seizure of Spanish-controlled national energy company YPF, a decision critics say the government will regret and pay heavily for. Critics of the hurriedly decreed nationalization of YPF include the Obama administration, members of Latin America's trade bloc Mercosur and other regional organizations, the European Union and the World Bank. China is quietly reviewing its multibillion-dollar investment plans for Argentina, business analysts sa ... read more

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ENERGY TECH

High oil prices help Iran fight sanctions
High oil prices are shielding Iran from the full weight of U.S. and EU economic sanctions aimed at choking Tehran's oil exports and forcing it to abandon its nuclear program. ... more
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AEROSPACE

Slovenian adventurer ends eco-friendly trip around the world
Slovenian adventurer Matevz Lenarcic successfully concluded a 100-day eco-friendly trip around the world on Thursday in an ultra-light plane boasting super-low fuel mileage. ... more
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ENERGY TECH

Russia blames TNK-BP for massive oil leaks
Russia's environment minister on Thursday blamed Russian-British oil company TNK-BP for causing massive oil pollution in a resource-rich Siberian region and failing to invest in its infrastructure. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

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Nordic-Baltic states seek more cooperation

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CAR TECH

Ford says to build new, multi-million plant in China
US auto giant Ford said Thursday it would build a $760-million plant in China's eastern city of Hangzhou, as foreign companies ramp up output in the world's biggest car market. ... more
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ENERGY TECH

Sudan's Bashir vows to punish South
Sudanese President Omar al-Bashir on Thursday vowed to teach "a lesson by force" to the South Sudanese government over its seizure of the north's main Heglig oil field. ... more
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ENERGY TECH

House defies Obama over Keystone oil pipeline
House Republicans kept a key plank of their energy policy alive Wednesday, defying a White House veto threat and passing legislation mandating the building of a controversial oil pipeline. ... more
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ENERGY TECH

Beijing, Manila continue Scarborough spat
Filipino officials said they will stand firm against Chinese calls for its research and fishing vessels to leave the Scarborough Shoal, which Beijing claims as its own. ... more
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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

Sudan war mirrors region's oil conflicts
The brewing war between Sudan and the fledgling state of South Sudan is a battle for oil and there are other potential conflicts in the Middle East and Africa that could signal supply disruption whatever happens in the U.S.-Iran face-off in the Persian Gulf. ... more
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ENERGY TECH

BP seals $7.8 bn settlement in US oil spill
Oil giant BP said Wednesday it has finalized a $7.8 billion deal to settle thousands of claims from fishermen and others affected by the 2010 Gulf of Mexico oil spill. ... more
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BIO FUEL

Hot new manufacturing tool: A temperature-controlled microbe
Many manufacturing processes rely on microorganisms to perform tricky chemical transformations or make substances from simple starting materials. The authors of a study appearing in mBio, the ... more
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BIO FUEL

ORNL process improves catalytic rate of enzymes by 3,000 percent
Light of specific wavelengths can be used to boost an enzyme's function by as much as 30 fold, potentially establishing a path to less expensive biofuels, detergents and a host of other products. ... more
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ENERGY TECH

Repsol tried to sell YPF stake to Sinopec: FT
Spanish oil group Repsol tried to sell its 57.4-percent stake in Argentine subsidiary YPF to a Chinese firm shortly before YPF was expropriated, the Financial Times said Wednesday. ... more
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ENERGY TECH

Japan's Mitsubishi, Mitsui ink US gas deal
Japan's Mitsubishi and Mitsui said Wednesday they will import liquefied natural gas (LNG) from the United States, amid a push to boost energy sources after last year's nuclear crisis. ... more
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ENERGY TECH

Oil safety weak two years after BP spill: studies
Offshore drilling safety and oversight is still lacking two years after the massive BP oil spill sullied the US Gulf Coast, two reports released Tuesday have found. ... more
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ENERGY TECH

British panel says 'fracking' should resume despite tremors
A British government-appointed panel said Tuesday that a controversial gas extraction method known as fracking should resume under strict conditions, though it would probably trigger earthquakes. ... more
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AEROSPACE

Air tax feud may affect climate change talks: US envoy
Disagreement over a European scheme to tax airlines for carbon emissions may affect talks seeking new global warming targets, US climate envoy Todd Stern said on Tuesday. ... more
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ENERGY TECH

Tokyo to buy disputed islands: governor
Controversial Tokyo governor Shintaro Ishihara provoked an angry reaction from China Tuesday after saying taxpayers in Japan's capital will buy a small chain of uninhabited islands at the centre of a damaging territorial dispute. ... more
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ENERGY TECH

Philippines, China trade barbs over new incursions
The Philippines and China traded fresh accusations Tuesday of illegal incursions in a disputed area of the South China Sea, while refusing to compromise on their territorial claims. ... more
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ENERGY TECH

Panel issues report on U.K. fracking use
Fracking, the controversial gas extraction method that triggered earth tremors in Britain last year, should continue but under strict conditions, a panel said. ... more
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AEROSPACE

Boeing Celebrates 4,000th Next-Generation 737
Boeing executives and more than 500 employees, suppliers, union representatives and government officials joined China Southern Airlines to celebrate the 4,000th Next-Generation 737 at a special even ... more
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ENERGY TECH

New method to prevent undersea ice clogs
During the massive oil spill from the ruptured Deepwater Horizon well in 2010, it seemed at first like there might be a quick fix: a containment dome lowered onto the broken pipe to capture the flow ... more
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AEROSPACE

Bats save energy by drawing in wings on upstroke
Whether people are building a flying machine or nature is evolving one, there is pressure to optimize efficiency. A new analysis by biologists, physicists, and engineers at Brown University reveals ... more
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ENERGY TECH

Oil prices mixed after Iran nuclear talks
Oil prices were mixed on Monday after weekend talks between Iran and world powers regarding the Islamic republic's nuclear program eased concerns over crude supplies, according to analysts. ... 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

Dutch plan to gas troublesome airport geese
Dutch authorities will use lethal gas to reduce the exploding goose population around Amsterdam's Schiphol airport as it is threatening air traffic, an official said on Monday. ... more
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ENERGY TECH

Sudanese warplanes bomb UN camp in South Sudan
Sudanese warplanes bombed a UN peacekeepers' base, damaging it but causing no casualties in the first such attack since a recent escalation of fighting with South Sudan, officials said Monday. ... more
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ENERGY TECH

Philippines hails start of US war games
The Philippines hailed the start of major war games with the United States on Monday as a timely boost to their military alliance, amid a tense territorial dispute with China. ... more
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AEROSPACE

China airport tarmac protests prompt service plea
Chinese regulators have urged better service in the rapidly growing aviation industry following incidents in which angry passengers stormed onto the tarmac at airports, state media said Monday. ... more
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ENERGY TECH

Philippines says China boosts presence in shoal
The Philippines alleged Saturday that China had again increased its presence around a disputed shoal and had harassed a Filipino civilian vessel, after the week-old standoff appeared to have eased. ... more
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ENERGY TECH

Gulf Coast residents say BP Oil Spill changed their environmental views
University of New Hampshire researchers have found that residents of Louisiana and Florida most acutely and directly affected by the BP Deepwater Horizon disaster - the largest marine oil spill in U ... more
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BIO FUEL

Policies, learning-by-doing played important role in reducing ethanol costs
A new study from the University of Illinois concludes that learning-by-doing, stimulated by increased ethanol production, played an important role in inducing technological progress in the corn etha ... more
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ENERGY TECH

US, Philippines hold war games amid China tensions
Thousands of US soldiers will begin nearly two weeks of war games in the Philippines on Monday as the two nations look to strengthen their military alliance amid concerns over China's rising power. ... more
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