24/7 Oil and Gas News Coverage
June 12, 2012
ENERGY TECH
US must encourage development of Canadian oil sands, mitigation of CO2 emissions
Houston TX (SPX) Jun 12, 2012
To successfully reduce the United States' dependence on fuels from outside North America, the government must pursue policies that foster the diversion of Canadian oil sands crude to U.S. Gulf Coast refineries, according to a new study by Rice University's Baker Institute for Public Policy. The study calculates that this move would reduce the U.S. trade deficit through increased trade with Canada. The additional carbon dioxide emitted during the sands' extraction and refinement can be offset by pr ... read more

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ENERGY TECH

Gazprom may pay Bulgaria's pipeline share
Majority owner Gazprom may step in to finance the Bulgarian portion of the proposed South Steam pipeline to Europe, a Russian report indicates. ... more
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ENERGY TECH

US exempts India, but not China, from Iran sanctions
The United States said Monday it would exempt seven emerging economies including India from tough new sanctions after they cut back on oil from Iran, but the punishment still loomed for China. ... more
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AEROSPACE

China says to build 70 new airports by 2015
China will build 70 new airports within the next three years, the head of the country's aviation watchdog said Monday, as part of ambitious expansion plans in the industry despite an economic slowdown. ... 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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AEROSPACE

Airline industry profits to plummet in 2012: IATA
Airline industry group IATA warned on Monday global profits would more than halve this year owing to surging oil prices and the eurozone crisis, with European carriers suffering losses of $1.1 billion. ... more
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BIO FUEL

Gasification may convert mesquite and juniper wood to a usable bioenergy
Biomass gasification is being considered as a possible technology for converting at least 10 million acres of Texas brush into biofuel, according to Dr. Jim Ansley, Texas AgriLife Research rangeland ... more
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BIO FUEL

Bigger refuges needed to delay pest resistance to biotech corn
Genetically modified crops that produce insect-killing proteins from the bacterium Bacillus thuringiensis (Bt) have reduced reliance on insecticide sprays since 1996. These proteins are lethal to so ... more
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BIO FUEL

Environmental benefit of biofuels is overestimated, new study claims
Two scientists are challenging the currently accepted norms of biofuel production. A commentary published in GCB Bioenergy reveals that calculations of greenhouse gas (GHGs) emissions from bioenergy ... more
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24/7 News Coverage
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
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BIO FUEL

Steel-Strength Plastics That Are Clean And Green
As landfills overflow with discarded plastics, scientists have been working to produce a biodegradable alternative that will reduce pollution. Now a Tel Aviv University researcher is giving the ques ... more
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ENERGY TECH

British minister declines Argentina's invitation to talks
Britain's Latin America minister Jeremy Browne has turned down an invitation for talks in Argentina when he visits the Falkland Islands next week, the British foreign ministry said Friday. ... more
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ENERGY TECH

Obama backs Philippines on sea freedom
The United States and the Philippines on Friday called for freedom of navigation in the tense South China Sea as the White House offered a robust show of support for President Benigno Aquino. ... more
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ENERGY TECH

Philippine churches turn on Manila over US troops
Church officials in the Philippines on Tuesday accused Manila of trying to increase US troop numbers in the country, as it marked the 114th anniversary of its declaration of independence from Spain. ... more
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ENERGY TECH

US exempts India, but not China, from Iran sanctions
The United States said Monday it would exempt seven emerging economies including India from tough new sanctions after they cut back on oil from Iran, but the punishment still loomed for China. ... more
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AEROSPACE

Air industry head asks EU to postpone carbon tax
The head of airline industry group IATA on Tuesday urged the European Union to postpone its controversial carbon tax scheme, amid warnings it could spark a trade war that would penalise Europe. ... more
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ENERGY TECH

Iraq looks to raise profile with OPEC candidate
As Iraq increases oil output and emerges as a key supplier, it is now pushing a candidate for OPEC secretary general, part of efforts to boost its profile and retake a big role in the cartel it helped found. ... more
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AEROSPACE

Iraqi Airways looks to update fleet
Iraqi Airways is looking to update its fleet of planes by renting modern aircraft from foreign firms, a transport ministry statement said Monday. ... more
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Space News from SpaceDaily.com
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
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CAR TECH

China auto sales rise 16% in May
Vehicle sales in China rose 16 percent year-on-year in May to 1.61 million units, according to industry data Saturday, indicating a strengthening recovery in the world's biggest auto market. ... more
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ENERGY TECH

Pakistan defies U.S. on Iran gas pipeline
Pakistan, increasingly at odds with the United States over fighting al-Qaida, is reportedly moving forward with plans to build a 1,300-mile pipeline to carry natural gas from Iran. ... more
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ENERGY TECH

China to lower fuel prices
China's economic planning ministry said Friday it will lower benchmark retail prices of gasoline and diesel by 530 yuan ($84) and 510 yuan per tonne respectively. ... more
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CAR TECH

Sao Paulo struggles to upgrade creaking transport system
With huge traffic jams, ramshackle roads and a creaking infrastructure, Sao Paulo faces a daunting challenge as it races to upgrade its overwhelmed transportation system before it hosts the kickoff of the 2014 World Cup. ... more
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AEROSPACE

Carbon tax and Europe to dominate airline talks
The world's airline bosses meet from Sunday in Beijing, with talks likely to be dominated by a bitterly opposed carbon tax, the European debt crisis and the perennial headache of high oil prices. ... more
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ENERGY TECH

Bombs hit Iraq pipelines, exports unhurt: officials
Five bombs exploded at a northern Iraqi oil field on Saturday morning, damaging two pipelines without affecting the country's vital crude exports, officials said. ... more
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ENERGY TECH

Battered Iran seeks new oil export route
Iran, struggling against ever-tightening international sanctions over its nuclear program, is reportedly planning to build a new export terminal on the Arabian Sea at Jask, bypassing the strategic Strait of Hormuz, the only way in and out of the Persian Gulf. ... more
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AEROSPACE

Mosquitoes Fly in Rain Thanks to Low Mass
The mosquito is possibly summer's biggest nuisance. Sprays, pesticides, citronella candles, bug zappers - nothing seems to totally deter the blood-sucking insect. And neither can rain apparently. Ev ... more
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Military Space News, Nuclear Weapons, Missile Defense
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
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AEROSPACE

US calls on EU to abandon 'lousy' carbon tax on airlines
US Transportation Secretary Ray LaHood on Wednesday called on the European Union to abandon its controversial carbon tax on airlines, saying the policy aimed at combating global warming was "lousy." ... more
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ENERGY TECH

British minister attending war ceremonies in Falklands
Britain's Latin America minister Jeremy Browne said Thursday he would attend ceremonies in the Falkland Islands marking the 30th anniversary of the end of the Falklands War. ... more
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BIO FUEL

Biofuel prospects improve with higher oil prices
Current oil prices make it possible to explore market potential for biofuels developed in Purdue University laboratories and going through the scientific tests. ... more
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ENERGY TECH

Anti-drilling activists send hoax Shell email
Activists opposed to Royal Dutch Shell's plans to drill in the Alaska Arctic sent out a sham email under Shell's name Thursday in the latest act in a campaign aimed at embarrassing the oil giant. ... more
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ENERGY TECH

US pledges Philippines support on Aquino visit
The United States pledged Thursday to help the Philippines step up its defenses in the face of a rising China as it welcomes President Benigno Aquino, seen by US officials as a promising partner. ... more
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CAR TECH

Chinese and Japanese investors bid for Saab
A group of Chinese and Japanese investors have submitted an offer to take over bankrupt Swedish carmaker Saab, a spokesman said Thursday. ... more
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ENERGY TECH

Sudanese refugees flee to South Sudan
More than 35,000 Sudanese refugees have recently fled into neighboring South Sudan to escape fighting, officials said. ... more
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ENERGY TECH

Exxon Mobil to explore coal seam gas
Exxon Mobil has signed an agreement for coal seam gas exploration in Victoria, Australia. ... more
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