24/7 Oil and Gas News Coverage
June 18, 2012
ENERGY TECH
Why Natural Gas Could Displace Gasoline
Washington DC (SPX) Jun 18, 2012
Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future - which could ensure U.S. energy independence, reduce geopolitical risks, and help meet U.S. electricity demands for the next 575 years. Yet why have we seen so many negative publications and reports? Does natural gas really have a place in our future and is it the golden chalice we have been led to believe? To help us investigate these issues and others Oilprice.com ... read more

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ENERGY TECH

Philippine ship pull-out calms tensions: China
China said Monday it welcomed Philippine President Benigno Aquino's order pulling out two ships from a disputed shoal and expressed hope it would calm tensions. ... more
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BIO FUEL

Brazil ethanol plant at risk after protest
An ambitious new ethanol plant in the southwestern Brazilian state of Mato Grosso do Sul is at risk after protests by indigenous people revealed the industrial unit intended to use sugarcane feedstock grown on land reported seized illegally from the local tribes. ... more
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CAR TECH

BMW, Guggenheim open Berlin design 'lab' after threats
German automaker BMW and New York's Guggenheim Museum opened an urban design "laboratory" in Berlin Friday after protests by angry residents of a trendy district forced them to a new location. ... 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

Fracking can cause earthquakes, but risk is low: study
Certain oil and gas operations that involve injecting wastewater underground can cause earthquakes, but the risk from hydraulic fracturing is generally low, said a US scientific report Friday. ... more
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ENERGY TECH

Philippines discusses China dispute with Myanmar
The Philippines sought Myanmar's support in its maritime territorial dispute with China as the foreign ministers of the two Southeast Asian countries met on Friday. ... more
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ENERGY TECH

US begins review of new Keystone pipeline route
The US State Department on Friday launched an environmental review of a new route proposed for the controversial Keystone XL pipeline that would transport oil from Canada's tar sands. ... more
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BIO FUEL

Real-life scientific tale of the first 'electrified snail'
The latest episode in the American Chemical Society's (ACS') award-winning Global Challenges/Chemistry Solutions podcast series describes the world's first "electrified snail," which now joins the m ... 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
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BIO FUEL

New energy source for future medical implants: sugar
MIT engineers have developed a fuel cell that runs on the same sugar that powers human cells: glucose. This glucose fuel cell could be used to drive highly efficient brain implants of the future, wh ... more
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AEROSPACE

Boeing, US Navy Conduct FA-18EF Satellite Communications Test
Boeing and the U.S. Navy have successfully completed an in-flight demonstration of a satellite communications (SATCOM) system that, if implemented, will enable F/A-18E/F Super Hornet aircrews to con ... more
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ENERGY TECH

S. Korea firm wins $1.3 bn Venezuela order
South Korea's Hyundai Engineering and Construction said Thursday it has won a $1.348 billion order to expand and upgrade a Venezuelan oil refinery. ... more
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ENERGY TECH

'Xena' pleads guilty over N.Zealand oil protest
"Xena: Warrior Princess" actress Lucy Lawless pleaded guilty in a New Zealand court Thursday to unlawfully boarding a ship in protest at plans to search for oil off Alaska. ... more
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CAR TECH

British car output soars 42% in May
The number of cars built in British factories rocketed more than 42 percent in May compared with 12 months earlier, when Japan's tsunami disaster hit exports of auto parts, industry data showed Thursday. ... more
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BIO FUEL

Shell scraps biofuels plan over Brazil native land
A Shell subsidiary that makes biodiesel in Brazil has dropped controversial plans to buy sugar cane grown on land taken from indigenous people, Survival International said Wednesday. ... more
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ENERGY TECH

Bulgaria relaxes ban on controversial gas drilling method
Bulgaria's parliament relaxed on Thursday a ban on a controversial natural gas drilling method that had threatened to completely halt exploration in the country. ... more
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ENERGY TECH

Iran warns EU will pay a higher cost under oil embargo
Looming EU oil sanctions against Iran will result in a higher cost for Europe, Iranian Oil Minister Rostam Qasemi warned on Thursday ahead of the OPEC cartel's latest output meeting in Vienna. ... more
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Space News from SpaceDaily.com
Space Force awards launch missions to SpaceX, ULA
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Starlink's Direct-to-Device Era: What It Means for Rural Connectivity and Media in Canada
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AEROSPACE

Potential Iceland eruption could pump acid into European airspace
A modern recurrence of an extraordinary type of volcanic eruption in Iceland could inject large quantities of hazardous gases into North Atlantic and European flight corridors, potentially for month ... more
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ENERGY TECH

US military to help Philippines monitor coastal waters
The US military said Tuesday it planned to help the Philippines monitor its coastal waters as Manila faces an escalating dispute with China over territorial claims. ... more
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BIO FUEL

Shell backs out of Brazil sugar-cane plans
A company set up by Royal Dutch Shell, the world's largest biofuels distributor, has nixed plans to source sugar cane from Brazilian lands claimed by a local tribe, an aboriginal activist group said Wednesday. ... more
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ENERGY TECH

Japan oil demand up sharply after quake: IEA
Japan's use of oil for electricity generation has risen sharply since last year's devastating earthquake and tsunami forced its nuclear plants off-line, and could go higher still, the IEA said Wednesday. ... more
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ENERGY TECH

Oil embargo to cause 'unstable' market: Iranian minister
A looming oil embargo on Iran, related to its controversial nuclear programme, will destabilise the global oil market and spark higher prices, Iranian Oil Minister Rostam Qasemi warned Wednesday in Vienna. ... more
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ENERGY TECH

France suspends Guiana offshore oil drilling
New French Environment Minister Nicole Bricq said Wednesday that oil exploration, including a project by Anglo-Dutch group Shell off the coast of French Guiana, had been suspended until further notice. ... more
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CAR TECH

Asian investors buy Saab to make electric cars for China
Bankrupt Swedish carmaker Saab received a new lease on life on Wednesday, with Asian investors aiming to revive the iconic brand to make electric cars for the Chinese market. ... more
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CAR TECH

Composites could lead to greener cars
Swiss researchers say new techniques for creating composite structures will lead to lighter, greener cars that burn less fuel and emit less carbon dioxide. ... 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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ENERGY TECH

Tiny emirate could save gulf oil exports
Amid simmering tensions in the Persian Gulf standoff between Iran and the United States, the barely known, tiny emirate of Fujairah is set to become a strategic outlet for oil exports if Iran shuts down the choke point Strait of Hormuz. ... more
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AEROSPACE

Medvedev confirms fifth-generation bomber
Russia will move ahead with the development of a fifth-generation strategic bomber, Prime Minister Dmitry Medvedev said over the weekend. ... more
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ENERGY TECH

Oil slick threatens drinking water supply of Canadian town
A pipeline in western Canada has leaked crude oil into a local river, its operator said Tuesday amid fears the drinking water supply of 90,000 people could become contaminated. ... more
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CAR TECH

US battery maker claims electric car breakthrough
A US manufacturer said Tuesday it had developed a new automotive battery which can perform in extreme temperatures, offering the potential to cut the cost of making electric cars. ... 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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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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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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