24/7 Oil and Gas News Coverage
June 22, 2012
ENERGY TECH
OPEC Could Collapse As Shale Gas Pops Peak Oil Myth
Dubai, United Arab Emirates (UPI) Jun 21, 2012
The Organization of Petroleum Exporting Countries, which in its heyday could trigger global economic crises by turning off the oil taps, faces an uncertain future as the shale oil revolution transforms the energy business. OPEC's plight is deepened by a growing confrontation between oil price hawks, like Iran and Algeria, and the so-called doves led by Saudi Arabia, long the dominant member of the cartel, over slumping prices. An emerging alliance between Iran and its traditional rival I ... read more

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ENERGY TECH

Ensuring safety of offshore drilling and production
To ensure the effectiveness of recently mandated Safety and Environmental Management System (SEMS) programs for offshore drilling and production operations, the Bureau of Safety and Environmental En ... more
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BIO FUEL

Toward a more economical process for making biodiesel fuel from algae
Scientists have described an advance toward a long-sought economical process that could turn algae, like the stuff of pond scum, into a revolutionary new and sustainable source of biodiesel and othe ... more
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ENERGY TECH

Vietnam slams 'absurd' China protest over islands
Vietnam has defended a new maritime law claiming sovereignty over the fiercely-contested Paracel and Spratly islands, dismissing protests from China as "absurd". ... 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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CAR TECH

Nissan to chop Japan production by 15%: reports
Nissan Motor is cutting its production in Japan by 15.0 percent from next month in a response to surging manufacturing costs driven by a stronger yen and weakening domestic demand, reports said Thursday. ... more
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ENERGY TECH

China strongly protests Vietnam's claim over islands
China said it summoned Vietnam's ambassador Thursday and strongly protested a law adopted by the Vietnamese parliament that places the disputed Spratly and Paracel islands under Hanoi's sovereignty. ... more
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ENERGY TECH

Turks seek Iraq Kurds' help in oil drive
Much to Baghdad's annoyance, Turkey is driving to develop energy links with Iraq's oil-rich, semiautonomous Kurdish enclave, in large part to secure its help in curbing Turkey's Kurdish secessionists. ... more
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ENERGY TECH

Guiana offshore oil drilling to restart: lawmakers
Anglo-Dutch group Shell will soon be allowed to resume oil exploration off the coast of French Guiana, lawmakers from the overseas French department said Wednesday. ... 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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ENERGY TECH

British and Argentinian leaders clash over Falklands
Argentina's President Cristina Kirchner and Britain's Prime Minister David Cameron clashed publicly at the G20 summit on Tuesday over the future of the disputed Falkland Islands. ... more
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AEROSPACE

Boeing Named Associate Partner to SELEX Sistemi Integrati in Single European Sky ATM Research Development Phase
Boeing and SELEX Sistemi Integrati, S.p.A - a Finmeccanica company- have entered into a collaboration agreement in support of the Single European Sky ATM Research (SESAR) program's development phase ... more
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AEROSPACE

Embraer ups components output in Portugal
Brazilian aviation and defense manufacturer Embraer is expanding components manufacturing in Portugal as part of a global strategy to compete in different international markets. ... more
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ENERGY TECH

British, Argentinian leaders clash over Falklands
Argentina's President Cristina Kirchner and Britain's Prime Minister David Cameron clashed on Tuesday at the G20 summit over the future of the disputed Falkland Islands, officials said. ... more
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BIO FUEL

New 'OPEC' offers sustainable smell of sweet success
The least appealing part of the world's most popular citrus fruits could soon be more alluring to cosmetic and drug manufacturers and, perhaps, eventually help heat our homes and fuel our cars. ... more
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BIO FUEL

Carbon is Key for Getting Algae to Pump Out More Oil
Overturning two long-held misconceptions about oil production in algae, scientists at the U.S. Department of Energy's Brookhaven National Laboratory show that ramping up the microbes' overall metabo ... more
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AEROSPACE

Jetstar Japan chief says no threat to JAL's revival
The head of budget airline Jetstar Japan, which is to launch domestic flights next month, said Tuesday its presence would not hamper efforts to revive its major shareholder Japan Airlines (JAL). ... more
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CAR TECH

US probes safety of 1.4 mn Toyotas after fires
US regulators have expanded a probe into a potential safety hazard in 1.4 million Toyota vehicles after nine people were injured in 161 crashes or fires. ... 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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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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ENERGY TECH

Why Natural Gas Could Displace Gasoline
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 ... more
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ENERGY TECH

Bankrupt British refinery facing closure
The closure of a financially troubled British oil refinery appeared more likely after the government refused to seek permission from the European Union to help it. ... more
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AEROSPACE

Norway orders first two F-35 fighters as part of $10bn deal
Norway said on Friday it had authorised orders for the first two of dozens of F-35 fighter jets it plans to buy from the United States as part of its largest-ever government spending project. ... more
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AEROSPACE

Norway orders first two F-35 fighters as part of $10bn deal
Norway said on Friday it had authorised orders for the first two of dozens of F-35 fighter jets it plans to buy from the United States as part of its largest-ever government spending project. ... 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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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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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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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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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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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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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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