24/7 Oil and Gas News Coverage
May 01, 2012
ENERGY TECH
Student-devised process would prep shale gas for sale
Houston TX (SPX) May 01, 2012
A team of Rice University students accepted a challenge to turn shale gas produced in China into a range of useful, profitable and environmentally friendly products and did so in a cost-effective manner. The CHBE Pandas (CHBE stands for chemical and biomolecular engineering) designed a process by which shale gas extracted in the rich Sichuan Basin could be turned into methanol, hydrogen and carbon disulfide, all valuable products in the booming Chinese economy. The Rice team was one of seven group ... read more

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ENERGY TECH

China sets fines for Bohai oil spill
China has ordered oil giant ConocoPhillips and China National Offshore Oil Corp. to pay $269 million for oil spills at a Bohai Bay oilfield run by Conoco. ... more
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ENERGY TECH

Kuwaiti MP questions oil deal with China
A Kuwaiti opposition MP on Monday questioned what he called a "suspicious" deal to supply China's Sinopec with 300,000 barrels per day of oil for 10 years. ... more
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ENERGY TECH

Philippines appeals for US help in building armed forces
The Philippines, lamenting the poor state of its armed forces, appealed Monday for US and international help in building a "minimum credible defense" amid an escalating territorial dispute with China. ... 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

New Sudan air raids alleged as hungry flee
A surging number of hungry refugees are fleeing fighting in Sudan where some are reduced to foraging in the wild, the UN said Monday, amid new allegations of Sudanese air strikes. ... more
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BIO FUEL

Oil palm surging source of greenhouse gas emissions
Continued expansion of industrial-scale oil palm plantations on the island of Borneo will become a leading cause of greenhouse gas emissions by 2020 unless strong forest and peatland protections are ... more
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ENERGY TECH

OriginOil Technology Recovers 98% of Hydrocarbons in Oil and Gas Production Water
OriginOil has announced that in recent independent third-party testing OriginOil's algae harvesting process was able to remove 98% of hydrocarbons from a sample of West Texas oil well 'frac flowback ... more
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ENERGY TECH

China to loan South Sudan $8 billion, Juba says
China has agreed to loan oil-rich South Sudan eight billion dollars for infrastructure development, Juba government spokesman Barnaba Mariel Benjamin said on Saturday. ... 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

Philippines plays down Chinese military threat
The Philippines sought to play down simmering tensions with China on Sunday, saying Beijing was unlikely to resort to military action to resolve their maritime dispute in the South China Sea. ... more
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CAR TECH

Chinese tastes impact global car designs
As more and more Chinese buy cars, automakers say consumer tastes in the Asian nation have a growing influence on vehicle design the world over. ... more
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AEROSPACE

China Eastern to buy 20 Boeing 777-300s
China Eastern Airlines will buy 20 Boeing 777-300 extended-range aircraft, Boeing said Friday, announcing a deal worth nearly $6 billion at list prices. ... more
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ENERGY TECH

Turkish gas drill in Cyprus hikes tensions
Turkey has begun drilling for natural gas in northern Cyprus ratcheting up growing tension across the east Mediterranean over control of offshore gas fields that could transform the economies of a region long barren of energy resources. ... more
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ENERGY TECH

Philippines says US wargames boost defence
The Philippines said war games with the United States that ended Friday had showcased its resolve to fend off external aggressors, amid an escalating territorial dispute with China. ... more
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ENERGY TECH

Civilians suffer as Sudan-S.Sudan troops face off on border
On South Sudan's tense front line with Sudan, Southern troops lie in the shade of trees alongside the tanks hidden there from the spying eyes of Sudanese warplanes overhead. ... more
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CAR TECH

Vibrating Steering Wheel Guides Drivers While Keeping Their Eyes on the Road
A vibrating steering wheel is an effective way to keep a driver's eyes safely on the road by providing an additional means to convey directions from a car's navigation system, researchers at Carnegi ... more
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ENERGY TECH

Chinese oil giants hit by refining losses
Chinese oil giants Sinopec and Petrochina said they were hit by heavy refining losses in the first quarter, despite strong energy demand and higher oil prices. ... 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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CAR TECH

Foreign carmakers 'pressed' to launch China brands
Foreign carmakers in China say Beijing is pressuring them to produce dedicated new brands so their local partners can gain technical know-how, but experts warn the strategy could backfire. ... more
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ENERGY TECH

Fracking requires a minimum distance from sensitive rock strata
The chances of rogue fractures due to shale gas fracking operations extending beyond 0.6 kilometres from the injection source is a fraction of one percent, according to new research led by Durham Un ... more
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CAR TECH

Japan's Honda Motor full-year net profit down 60.4%
Honda Motor said Friday its net profit for the fiscal year to March plunged 60.4 percent from the previous year due to Japan's quake-tsunami disaster, flooding in Thailand and the strong yen. ... more
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ENERGY TECH

Iran's Oil Ministry under cyberattack
Iran's Oil Ministry, already battling stringent economic sanctions aimed at throttling the country's oil exports, is having to fight on another front: cyberattacks. ... more
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ENERGY TECH

China vows to defend rights in maritime row: Xinhua
China's military on Thursday vowed to defend the country's territory amid a stand-off with the Philippines in the disputed South China Sea, the official Xinhua news agency said. ... more
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ENERGY TECH

Philippines seeks US defence boost amid China row
The Philippines said Thursday it would seek more US military help during top-level talks next week, as it ignored a warning from China not to "internationalise" a tense territorial dispute. ... more
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CAR TECH

Japan's Mitsubishi Motors posts 53% profit rise
Mitsubishi Motors said Thursday its net profit for the fiscal year to March soared 53.2 percent, partly driven by cost cutting, even as its last-quarter results tumbled on a strong yen. ... more
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ENERGY TECH

Hackers hit Philippines websites amid China dispute
Philippine government websites are under heavy attack from hackers, apparently from China, amid a tense territorial dispute between the two countries in the South China Sea, officials said Thursday. ... 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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CAR TECH

Technology can help older drivers
Scientists in Britain say technology could help keep older drivers on the roads longer, reducing their driving risks and improving their confidence. ... more
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ENERGY TECH

Egypt's gas cut may spur energy conflicts
Egypt's decision to cut off natural gas supplies to Israel threatens the countries' historic 1979 peace treaty and could crank up simmering tensions over disputed offshore gas fields in the eastern Mediterranean. ... more
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ENERGY TECH

Saudi output pledge likely to ease prices
Saudi assurances the kingdom can and will increase crude oil output to dampen prices is exactly what the market needs, a London think tank said. ... more
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ENERGY TECH

S. Sudan leader to cut short China visit
South Sudan's president will cut short his visit to China amid violence between the world's newest nation and Sudan, officials said Wednesday, as Beijing unveiled plans to send a peace envoy. ... more
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AEROSPACE

JAL could go public again in July 2012: report
Japan Airlines, the flag-carrier that went bust in 2010 in one of Japan's biggest-ever bankruptcies, has filed preliminary documents to relist on the Tokyo Stock Exchange, a report said Wednesday. ... more
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ENERGY TECH

US, Philippines in war games as China warns of force
US and Filipino Marines armed with assault rifles and smoke grenades stormed a South China Sea island Wednesday in war games south of a real-life standoff between Manila and Beijing. ... more
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CAR TECH

SUV makers flock to China as sales boom
Automakers are rushing to cash in on China's growing passion for SUVs, with sales up five-fold in the last half-decade, as increasingly affluent urban consumers seek to showcase their wealth. ... more
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ENERGY TECH

NCEAS researchers offer new ecological model for deep-water oil spills
On the second anniversary of the Deepwater Horizon oil platform blowout, a national panel of researchers is providing new insight into what happened in the disaster, as well as a guide for how to de ... more
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