24/7 Oil and Gas News Coverage
May 09, 2012
ENERGY TECH
EU mulls punishing Argentina over YPF
Buenos Aires (UPI) May 8, 2012
Argentine government officials are beginning to count the cost of seizing Spanish-owned YPF with more backlash from Europe still to come. The swift legislative process making the appropriation official has left the EU and Spain unimpressed, especially as neither has been told how, if ever, Spanish energy company Repsol will be compensated for the loss of its Argentine unit YPF. Repsol has estimated its loss at $7.5 billion. Yacimientos Petroliferos Fiscales, founded by Argentina in 1922 ... read more

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CAR TECH

Google self-driving car gets green light in Nevada
The state of Nevada has issued a license plate giving Google's self-driving car the green light to travel along public roads. ... more
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ENERGY TECH

US probing cyber attacks on gas pipelines
A series of cyber attacks has been targeting US natural gas pipeline operators, officials acknowledged Tuesday, raising concerns among security experts about vulnerabilities in key infrastructure. ... more
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ENERGY TECH

India tells US that Iran an important oil source
India said Tuesday it shared the United States' goal of preventing Iran from building a nuclear weapon, but insisted the Islamic republic remained an "important source of oil". ... 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

China to launch first deep-water oil rig
China will this week launch its first home-grown deep-water drilling rig located in the South China Sea, some 300 kilometres (200 miles) southeast of Hong Kong, state media reported Tuesday. ... more
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ENERGY TECH

Philippine firm 'in talks' with China on gas field
A Philippine company said Tuesday it had held talks with a Chinese energy giant about jointly developing a potentially lucrative gas field in the hotly disputed South China Sea. ... more
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ENERGY TECH

China prepared for escalation of Philippine standoff
Chinese vice foreign minister Fu Ying said Beijing was ready for "any escalation" of a tense maritime standoff with the Philippines over a disputed shoal. ... more
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ENERGY TECH

Czechs mull moratorium on shale gas exploration
The Czech Republic's environment ministry said Monday it was planning to impose a moratorium on shale gas exploration that would ban new research projects for up to two years. ... 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

Clinton presses India to cut Iran oil imports
US Secretary of State Hillary Clinton on Monday urged India to further cut its imports of Iranian oil, saying that the Islamic republic posed a major threat if it developed nuclear weapons. ... more
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ENERGY TECH

Shell says two new leaks on Nigerian pipeline
Oil giant Shell on Monday said two new leaks had occurred on one of its pipelines in southern Nigeria after similar incidents in recent days blamed on crude theft. ... more
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CAR TECH

Toyota unveils 'first all-electric SUV'
Toyota unveiled Monday what it says is the first all-electric sports utility vehicle (SUV) on the market, a version of its popular RAV4 with a top range of 100 miles and minimum six-hour charge time. ... more
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CAR TECH

GM says China sales hit record high for April
US auto giant General Motors said Monday that it saw record sales in China in April, despite a broader slowdown in the world's biggest car market. ... more
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AEROSPACE

Migratory locusts in a wind tunnel
Insects are capable of masterful feats of flying; whenever they witness locusts flying long distances or moths hovering over flowers, aerodynamicists can only marvel. This is why researchers at the ... more
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BIO FUEL

Better plants for biofuels
An article in F1000 Biology Reports argues that recent advances in knowledge mean that plant-derived biofuels could meet about 30% of the global demand for liquid transportation fuels, drastically r ... more
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ENERGY TECH

First 'microsubmarines' designed to help clean up oil spills
Machines could play an important role in cleaning up oil spills, like the 2010 Deepwater Horizon incident in the Gulf of Mexico. It appears in the journal ACS Nano. Joseph Wang and colleagues ... more
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ENERGY TECH

Gas development linked to wildlife habitat loss
A study by the Wildlife Conservation Society documents that intense development of the two largest natural gas fields in the continental U.S. are driving away some wildlife from their traditional wi ... 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

Dutch court OKs big gas storage project
Construction on Europe's biggest natural gas storage facility can begin north of Amsterdam after a ruling this week by the Netherlands' Council of State. ... more
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ENERGY TECH

Netanyahu OKs key defenses for gas fields
Amid concerns that a new Middle East war is looming, Israeli Prime Minister Binyamin Netanyahu has approved a special budget to fortify and protect Israel's rich natural gas fields in the eastern Mediterranean. ... more
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AEROSPACE

Australia warning over smouldering iPhone incident
Australia's air safety watchdog warned Friday of the potential dangers of lithium battery-powered devices after an iPhone that had undergone unauthorised repairs started smouldering on a flight to Sydney. ... more
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ENERGY TECH

US doubles military aid to Philippines
The United States will this year double military aid to its ally the Philippines, which is engaged in a prolonged maritime stand-off with China, the foreign department in Manila said on Friday. ... more
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ENERGY TECH

Clinton presses Sudan on violence
US Secretary of State Hillary Clinton on Friday pressed Sudan for a definitive end to bombings against South Sudan, after Khartoum said it would comply with a UN call to end the violence. ... more
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ENERGY TECH

US proposes more fracking disclosure
US regulators proposed Friday that companies using fracking to explore for natural gas must disclose the chemicals they use, but only after they drill - sparking more ire from environmental activists. ... more
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ENERGY TECH

US receives new oil pipeline proposal from Canadian firm
A Canadian firm is offering new routes to build a multi-billion-dollar Canada-US oil pipeline, after its first proposal was rejected over environmental concerns, officials said Friday. ... more
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BIO FUEL

USA Leads World in Exports of Ethanol
Hart Energy's newly released study, U.S. and Brazil Ethanol Outlook to 2022, finds the United States has vaulted over Brazil to lead the world in the export of ethanol, a title it is positioned to r ... 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

Butamax Expands Early Adopters Group
Butamax Advanced Biofuels has announced that two additional ethanol producers have joined their Early Adopters Group and have signed letters of intent to this effect. The Early Adopters Group ... more
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BIO FUEL

HERO BX Adopts Arisdyne's Oleochemical Cavitation System to Reduce Biodiesel Catalyst Consumption
The Arisdyne Systems cavitation process has allowed biodiesel producer HERO BX to reduce catalyst consumption by over 25% and contributed to the reduction of monoglycerides, since its installation a ... more
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BIO FUEL

Pattern Celebrates First Anniversary of St. Joseph Wind
Pattern Energy Group LP (Pattern) has announced that its St. Joseph Wind project - the largest wind farm in Manitoba - has reached its first full year of operation. The 138 megawatt (MW) wind power ... more
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ENERGY TECH

Venezuela spending spree clouds future
As Venezuelan President Hugo Chavez clings to power while battling cancer, the country's future is further clouded by unbridled government spending that has no relation to the budget, financial analysts said. ... more
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BIO FUEL

US Biofuel Industry Moves From The Beaker To Barrel
Testifying before the U.S. House Small Business Committee's Subcommittee on Agriculture, Energy and Trade, Michael McAdams, president, Advanced Biofuels Association - ABFA, said he is, "proud to rep ... more
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ENERGY TECH

Sudans on brink of all-out war over oil
Sudan and the infant state of South Sudan, which became independent a scant 10 months ago after a decades-long civil conflict with the north, are once more on the brink of all-out war over the oil-rich borderlands both need to survive. ... more
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ENERGY TECH

China sends more ships to disputed shoal: Philippines
The Philippine military on Thursday accused China of sending more ships to a disputed shoal in the South China Sea, describing the move as an insult that would further inflame tensions. ... more
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ENERGY TECH

Greenpeace activists held after they board Shell icebreaker
Swedish police said they arrested six Greenpeace activists who boarded an icebreaker in the Baltic Sea Thursday in a bid to block plans by Anglo Dutch giant Shell to drill for oil in the Arctic. ... more
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