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Just one block sold on first day of Iraq energy auctionBaghdad (AFP) May 30, 2012 Iraq on Wednesday kicked off a two-day auction of a dozen energy exploration blocks, but hopes that the sale would up reserves and boost its role as a key producer were dampened when just one deal was agreed. The bid round, the fourth such auction to be organised by Iraq since mid-2009, comes amid progress in ramping up oil exports, which account for the vast majority of government income, and as Baghdad eyes higher gas production to increase woefully inadequate power supplies. But unlike the th ... read more |
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 Iran seeks to sabotage Iraq's oil drive As Iran's oil production shrinks because of Western economic sanctions, Iraq says its output has hit its highest level since 1989. If the current confrontation in the Persian Gulf continues, Iraq's production will soon outstrip that of its longtime rival. ... more | .. |
 Report: Nabucco to be shelved by June The long-planned Nabucco natural gas pipeline, once envisioned as stretching from Azerbaijan to Austria, will be abandoned by the end of June, a Russian report says. ... more | .. |
 Japan slashes Iran oil imports amid sanctions Japan cut oil imports from Iran by 65 percent in April while boosting shipments from Saudi Arabia, official data showed Wednesday, amid Western efforts to squeeze Tehran over its atomic programme. ... more | .. |
 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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 Iraq offers 12 oil and gas blocks in latest auction Iraq is putting 12 oil and gas exploration blocks up for sale at a two-day auction that opened Wednesday, which it hopes will boost its reserves and strengthen its position as a key producer. ... more | .. |
 Sudan, South Sudan start first talks since conflict Top negotiators for Sudan and South Sudan have held their first talks since deadly border fighting last month took them to the brink of war, even as Juba accused Khartoum of fresh air strikes. ... more | .. |
Nabucco unlikely to survive summer The Nabucco project, which was supposed to become an obstacle on the way of Russian gas pipeline to Europe, is suffering defeat on all fronts. This time bad news came from BP when its experts claime ... more | .. |
 Philippines, China 'to show restraint' over shoal China and the Philippines have agreed to show restraint in their tense standoff over a disputed shoal in the South China Sea, Manila's defence chief said Tuesday. ... more |
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Deep-sea mining poses new threat to sharks, rays and ghost sharks
Hydropower emerges as Southeast Asia's hidden force in driving down carbon emissions
An Aussie tycoon bets billions on cleaning up iron ore giant | .. |
 IEA says proper rules can bring gas 'golden age' The coming decades could be a golden age for natural gas if unconventional resources are exploited in an environmentally acceptable manner, the International Energy Agency said Tuesday. ... more | .. |
 Sudan, South Sudan start first talks since conflict Top negotiators for Sudan and South Sudan met Tuesday for their first talks since deadly border fighting last month took them to the brink of war, even as Juba accused Khartoum of fresh air strikes. ... more | .. |
 Somali Islamists attack president as pressure grows Somalia's Al-Qaeda-linked Shebab insurgents shrugged off recent strategic losses and growing military pressure Tuesday to launch an ambush on the president - who escaped unhurt - and fire on foreign warships. ... more | .. |
 Gas fracking boom in Michigan goes bust Concern over pollution and falling natural gas prices have slowed fracking-based drilling in Michigan, turning an expected boom into a bust, analysts say. ... more |
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  India may bar Europe carriers in climate tax row India said it may stop European carriers from flying into the country if the European Union bans airlines from the South Asian nation that boycott the EU's new emissions fee system. ... more | .. |
  Nuisance seaweed found to produce compounds with biomedical potential A seaweed considered a threat to the healthy growth of coral reefs in Hawaii may possess the ability to produce substances that could one day treat human diseases, a new study led by scientists at S ... more | .. |
India firms Myanmar ties during PM visit India agreed a raft of deals with Myanmar on Monday during a visit by Prime Minister Manmohan Singh aimed at boosting trade and energy links and contesting the influence of regional rival China. ... more | .. |
 Oil bonanza eludes Cuba after fresh tests Cuba is reportedly sitting on vast underwater oil and gas reserves, but none came up in the latest exploration, a joint Chinese-Spanish undertaking. ... more |
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Space Force awards launch missions to SpaceX, ULA
Rocket test proves bacteria survive space launch and re-entry unharmed
Starlink's Direct-to-Device Era: What It Means for Rural Connectivity and Media in Canada | .. |
 Turkey warns of faceoff over east Medgas Turkey says waters off the coast of war-divided Cyprus where Greek Cypriots plan to explore for natural gas lie within its continental shelf, sharpening multi-sided disputes over major fields under the eastern Mediterranean. ... more | .. |
 Oil rises on Iran fears, easing of eurozone worries Oil prices edged higher in Asian trade Monday as major crude producer Iran and Western powers failed to reach agreement over Tehran's nuclear programme, analysts said. ... more | .. |
 Philippines names ambassador amid row with China Philippine President Benigno Aquino named a veteran diplomat as ambassador to China amid a tense standoff over disputed territory in the South China Sea, a presidential spokeswoman said Saturday. ... more | .. |
 EADS head says helicopter cracks not comparable to A380 woes The head of European aerospace giant EADS said that cracks found in one of its most popular Eurocopter models were a minor glitch and not comparable to problems found on some superjumbo planes made by its subsidiary. ... more |
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  Japan's April auto output soars in year after quake Japan's major automakers on Monday reported huge production increases for April, as the hard-hit sector recovers from the devastating impact of last year's quake-tsunami. ... more | .. |
 Lovitt to supply parts for Super Hornets Lovitt Technologies in Melbourne, Australia, has won a contract with Boeing worth nearly $1 million for wing parts for all F/A-18 Super Hornet fighters worldwide. ... more | .. |
 $2.5B jet deal with Saudis boosts BAE BAE Systems' $2.5 billion training contract with Saudi Arabia's air force is a major coup for Europe's largest defense contractor and keeps the wolf from the door as Western defense industries face a sharp downturn because of hefty cuts in military spending. ... more | .. |
 Boeing to Modernize Flight Deck and Avionics for US and NATO AWACS Fleets Boeing has received a $368 million Engineering, Manufacturing and Development (EMD) contract to develop a design that modernizes the flight deck and avionics of the U.S. and NATO E-3 707 Airborne Wa ... more |
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Revolutionising the Skies: How Helsing's CA-1 Europa Drone Could Transform Autonomous Warfare
Lockheed Martin Sikorsky unveils scalable Nomad drone family for autonomous long-range missions
Firefly Aerospace to Acquire SciTec in $855M Deal Expanding National Security Portfolio | .. |
 Northrop Grumman's Joint STARS Completes Flight Testing of JT-8D Engines Northrop Grumman's E-8C Joint Surveillance Target Attack Radar System (Joint STARS) testbed aircraft, equipped with a new JT-8D propulsion system, has successfully completed flight testing and moved ... more | .. |
 Ferrari recalls 56 cars in China: state media Ferrari's reputation in China took another blow on Friday when the country's quality watchdog said the luxury sports car manufacturer would have to recall 56 imported vehicles because of a defect. ... more | .. |
 US to welcome Philippine leader amid China tensions President Barack Obama will welcome Philippine President Benigno Aquino next month, the White House said Friday, as the United States steps up support to the ally locked in disputes with China. ... more | .. |
China welcomes resumption of Sudanese talks China Friday welcomed next week's resumption of talks between Sudan and South Sudan and urged both nations to cooperate with international efforts to resolve issues linked to the recent civil war. ... more |
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 Tokyo raises 1bn yen to buy China dispute islets The Tokyo city government said Thursday members of the public had pledged almost one billion yen ($12.5 million) to its drive to buy a group of uninhabited islands at the centre of a row with China. ... more | .. |
Philippines 'lacks sincerity' in sea dispute: China China accused the Philippines Thursday of not being sincere in seeking a peaceful end to a standoff over disputed waters, ramping up the rhetoric one day after confirming the deployment of more ships. ... more | .. |
 Kurds' oil deal with Turkey will hit Iraq Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq. ... more | .. |
Oil prices rise on EU Greece support, Iran impasse Oil prices perked up Thursday after European leaders reaffirmed their desire to see Greece stay in the euro and Iran and world powers deadlocked in talks over its disputed nuclear program. ... more |
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