24/7 Oil and Gas News Coverage
July 26, 2012
ENERGY TECH
DRC oil 'fans flames of civil war'
Kinshasa, Democratic Republic Of Congo (UPI) Jul 25, 2012
Recent oil strikes in the Democratic Republic of Congo have raised fears they will exacerbate the resource-driven war that's been raging in the mineral-rich eastern sector of the African state for nearly two decades. "In the context of massive poverty, weak state, poor governance and regional insecurity, an oil rush will have a strong destabilizing effect, unless the government adopts several significant steps regionally and nationally to avert such a devastating scenario," said Thierry Vircoul ... read more

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ENERGY TECH

China eyes Canada for oil deals
Major Chinese oil companies are seizing opportunities to secure strategic overseas assets, reflected by recent Canadian acquisitions. ... more
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ENERGY TECH

Hungary, Azerbaijan seek joint projects
The time is ripe for more cooperation between Hungary and Azerbaijan on energy projects, Hungarian Foreign Affairs Secretary Peter Szijjarto said this week. ... more
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AEROSPACE

EU should scrap airline emissions tax: IATA
The European Union should scrap a controversial carbon tax on air travel and seek a global solution to the emissions problem, the global aviation industry's chief said on Wednesday. ... 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

Hong Kong billionaire to buy UK gas company
A consortium led by Asia's richest man Li Ka-shing agreed Wednesday to acquire a British gas distribution company for Pounds 645 million ($1 billion), the companies said. ... more
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AEROSPACE

Singapore Airlines first quarter net profit up 73%
Singapore Airlines' first quarter net profit soared 73 percent from last year, it said Wednesday, partly driven by higher passenger traffic. ... more
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BIO FUEL

Strategies to improve renewable energy feedstocks
To enable greater reliance on renewable biomass resources for power generation, combination approaches such as co-firing of high percentages of biomass with coal offer unique advantages, but also si ... more
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ENERGY TECH

Vietnam, Philippines slam China garrison plan
Vietnam and the Philippines on Tuesday lashed out at China's moves to establish a military garrison in the South China Sea, amid escalating tensions in the disputed waters. ... 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

Fire-damaged Turkey pipeline to be fixed 'in a week'
A major pipeline running from Iraq to Turkey that was allegedly sabotaged in a fire on Friday should be back up and running in a week, Anatolia news agency reported. ... more
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ENERGY TECH

Oil prices stage muted rebound on Chinese data
World oil prices rebounded slightly Tuesday on encouraging Chinese manufacturing data. ... more
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AEROSPACE

International F-35 Fleet Begins Build Up At Eglin AFB
ZM135, a British F-35B and the first international Lockheed Martin Lightning II, takes off from Naval Air Station Fort Worth Joint Reserve Base at 9:03 a.m. CDT en route for Eglin Air Force Base, Fl ... more
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ENERGY TECH

Iraq bars Chevron over Kurdish oil contracts
Iraq on Tuesday barred US energy giant Chevron from working in non-Kurdish parts of the country after it bought two exploration blocks in the autonomous Kurdish region against Baghdad's wishes. ... more
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ENERGY TECH

Armed conflict possible in South China Sea: ICG
Tensions over competing claims in the South China Sea could escalate into conflict, with an arms build-up among rival nations raising the temperature, an international think tank warned Tuesday. ... more
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ENERGY TECH

Colombian oil supplies hit by FARC attack
Colombian oil supplies suffered renewed disruption after FARC armed rebels blew up a section an oil pipeline, military officials said. ... more
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ENERGY TECH

Serbia: South Stream a top priority
Serbia has placed the planned Russian-led South Stream gas pipeline among its highest national priorities, President Tomislav Nikolic says. ... more
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BIO FUEL

Brazil to build first algae-based biofuel plant
The world's first industrial plant producing biofuels from seaweed will be built in the northeastern Brazilian state of Pernambuco in late 2013, the official in charge of the project said Thursday. ... 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

Mechanical engineers develop an 'intelligent co-pilot' for cars
Barrels and cones dot an open field in Saline, Mich., forming an obstacle course for a modified vehicle. A driver remotely steers the vehicle through the course from a nearby location as a researche ... more
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AEROSPACE

United Kingdom Accepts First International Lockheed Martin F-35
The United Kingdom accepted the first international Lockheed Martin F-35 Lightning II aircraft in a ceremony with senior representatives of the U.K. Ministry of Defence and the U.S. Department of De ... more
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AEROSPACE

Boeing Receives Lot 2 Production Contract Award for B-1 Integrated Battle Station
Boeing has received a $65.8 million Lot 2 follow-on contract from the U.S. Air Force for nine B-1 Lancer bomber Integrated Battle Station (IBS) modification kits, spares, training, support equipment ... more
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ENERGY TECH

China unveils blockbuster foreign energy deal
China's state-owned energy colossus CNOOC unveiled a $15.1 billion bid to buy Canada's Nexen Monday, in what would be the largest-ever foreign commercial purchase by the oil-hungry nation. ... more
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ENERGY TECH

Aquino urges Philippines to unite on China
Philippine President Benigno Aquino urged all Filipinos on Monday to unite in sending a message to China over a territorial row, insisting his country would not give in to its more powerful neighbour. ... more
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BIO FUEL

OriginOil Ships First Production System to Paris-Based Ennesys
OriginOil has shipped the first production model of its Algae ApplianceT harvester to Paris-based Ennesys, its urban algae joint venture. This marks the first commercial invoice for Origin Oil's new ... more
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ENERGY TECH

Sudan denies bombing South
Sudan on Saturday denied launching an air strike against South Sudan during fragile peace talks, saying it had only targeted Darfuri rebels inside northern territory. ... more
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ENERGY TECH

Vietnam activists hold another anti-China rally
About 200 protesters brought parts of central Hanoi to a brief halt on Sunday in the third rally this month against Beijing's perceived territorial assertiveness in the South China Sea. ... 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

The Future of Biomaterial Manufacturing: Spider Silk Production from Bacteria
A new video article in JoVE, the Journal of Visualized Experiments, demonstrates procedures to harvest and process synthetic spider silk from bacteria. The procedure presented in the video article r ... more
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BIO FUEL

Beating the fuel prices: Using yeast for economic production of bioethanol
Finding renewable and economic sources of energy are one of the most important concerns for the continuation of the human species. New research, published in BioMed Central's open access journal Bio ... more
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ENERGY TECH

Japan owner of disputed islands wants to sell
The Japanese family that owns a chain of East China Sea islands at the centre of a territorial row between Tokyo and Beijing said Friday it wants to sell the tiny archipelago "as soon as we can". ... more
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ENERGY TECH

France maintains shale gas ban: environment minister
France has no intention of lifting its ban on shale gas exploration because of continued concerns over its environmental impact, Environment and Energy Minister Delphine Batho said Friday. ... more
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ENERGY TECH

Russia seizes Chinese fishing boat: reports
Russian coastguards have seized a Chinese fishing boat off the country's east coast after reportedly opening fire on the vessel, Chinese state media said on Wednesday. ... more
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ENERGY TECH

Israel navy needs ships to guard gas fields
Israel's navy is pressing for $756 million to buy four corvettes to bolster protection for the country's growing natural gas bonanza while naval exercises around Cyprus has heightened tensions in the eastern Mediterranean. ... more
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ENERGY TECH

Chevron buys energy blocks in Iraqi Kurdistan
US energy giant Chevron said Thursday it had bought two exploration blocks in Iraq's autonomous Kurdish region, despite Baghdad's protests that such deals are illegal. ... more
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AEROSPACE

Boeing Receives First 10 New Fuselages Designed for AH-64D Apache Block III
Boeing has received the first 10 new fuselages designed specifically for the AH-64D Apache Block III attack helicopter from long-time supplier Korea Aerospace Industries (KAI). This milestone paves ... more
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