24/7 Oil and Gas News Coverage
August 09, 2012
BIO FUEL
AREVA invests in bio-coal
Paris, France (SPX) Aug 09, 2012
The AREVA group, a major player in renewable energies, has announced the acquisition of a technology enabling the production of bio-coal. Based on the Thermya torrefaction process, this unique technology, currently being deployed commercially, produces plant fuel from biomass which can replace fossil coal used in the production of thermal energy and electricity. This operation enables AREVA to consolidate its position as a solutions provider for energy with less CO2. It is in line with the group's ... read more

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China's auto sales slow in July: industry group
Growth in Chinese auto sales slowed to 8.2 percent on-year in July, traditionally a slack season in the world's largest car market, an industry group said Thursday. ... more
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ENERGY TECH

Taiwan probes punishment over navy drill near Japan
Taiwan President Ma Ying-jeou Wednesday ordered an investigation into the navy's decision to punish a senior officer for sailing too close to a Japanese-held island in a recent drill. ... more
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ENERGY TECH

Oil flow from Iraq-Turkey oil pipeline to resume: minister
The oil flow from the Turkish-Iraqi pipeline will resume Wednesday following a blast that damaged the pipeline, Turkey's energy minister said. ... 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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Indonesia warns of further South China Sea tension
Indonesia warned Wednesday of a "risk of further tensions" between nations with overlapping claims to swathes of the South China Sea if a "collective and common approach" is not soon agreed. ... more
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Correlation between injection wells and small earthquakes
Most earthquakes in the Barnett Shale region of north Texas occur within a few miles of one or more injection wells used to dispose of wastes associated with petroleum production such as hydraulic f ... more
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AEROSPACE

Cathay Pacific posts first-half net loss of HK$935 mn
Cathay Pacific Airways posted a first-half net loss of HK$935 million ($121 million) on Wednesday, citing higher fuel prices, strong competition and economic instability in Europe. ... more
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Venezuela to aid Argentina drill for oil
Venezuela is helping Argentina drill in the South Atlantic waters close to the British-ruled Falkland Islands as Buenos Aires drums up Latin American support for its claim on the territories. ... more
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Common inhalers carry heavy climate cost, study finds
Biodegradable microplastics disrupt soil carbon balance and microbial life
Slovenia avalanche death toll rises to three; One dead,100s rescued after heavy snow in China
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AEROSPACE

Activist arrested trying to block plane at Paris airport
A French environmental activist has been arrested after sneaking on to the tarmac at Paris's Charles de Gaulle airport and trying to block an Airbus A319 from taking off, officials said Tuesday. ... more
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AEROSPACE

Hong Kong Airlines plays down growth ban
Hong Kong Airlines Monday played down the impact on its business of an unprecedented aviation authority ban on expanding further until it meets all safety requirements for operating a larger fleet. ... more
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AEROSPACE

Volcano ash disrupts New Zealand flights
A volcanic eruption at New Zealand's Mount Tongariro spewed out an ash cloud 20,000 feet (6,100 metres) high, disrupting flights and closing highways, officials said Tuesday. ... more
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ENERGY TECH

China welcomes Sudan, South Sudan oil deal
China on Monday welcomed an oil deal between Sudan and South Sudan and urged both nations to find the "political courage" to overcome the remaining issues that have brought them to the brink of war. ... more
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ENERGY TECH

Turkish gas firms eyeing Bulgarian market
Private Turkish natural gas suppliers are seeking opportunities to make inroads into the Bulgarian market, Energy and Economy Minister Delyan Dobrev says. ... more
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ENERGY TECH

Blast interrupts Iraq-Turkey oil pipeline
An overnight blast in southeastern Turkey interrupted oil flow from Iraq, with Kurdish rebels suspected to be behind the explosions, Turkish and Iraqi authorities said Monday. ... more
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CAR TECH

Saab, Spyker file $3bn claim against GM
Dutch carmaker Spyker said Monday that it has filed a three-billion-dollar (2.4-billion-euro) claim in a US court against General Motors, whose actions it said led directly to Swedish Saab's bankruptcy last year. ... more
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AEROSPACE

BAE Systems wins contract to upgrade S.Korean F-16 jets
British arms manufacturer BAE Systems on Monday said it had won a contract to upgrade more than 130 South Korean F-16 fighter jets. ... more
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Sleepy tropical island belies bold China sea claims
China's newest city might appear to be a tranquil outpost in the South China Sea, but the beaches and palm trees of Sansha are at the heart of a growing territorial dispute. ... more
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ENERGY TECH

Detentions as Vietnam breaks up anti-China protest
Vietnamese police detained at least 20 people on Sunday as they broke up a protest in Hanoi against Beijing's territorial claims in the disputed South China Sea, witnesses said. ... more
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ENERGY TECH

Somali war linked to brewing oil dispute
The military offensive by Kenyan and Ethiopian forces against Islamic al-Shabaab fighters is gearing up for an assault on the Indian Ocean port of Kismayo that's increasingly seen as a key element i ... more
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ENERGY TECH

Research could lead to improved oil recovery, better environmental cleanup
Researchers have taken a new look at an old, but seldom-used technique developed by the petroleum industry to recover oil, and learned more about why it works, how it could be improved, and how it m ... more
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ENERGY TECH

Oil down in Asia ahead of China trade data
Oil prices were down in Asia Monday with traders taking profits from a rally last week as they awaited the release of Chinese trade data later in the week, analysts said. ... more
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ENERGY TECH

China hits back at US over South China Sea
China on Saturday attacked US criticism of its decision to set up a new military garrison in the South China Sea, saying it sent the "wrong signal" and threatened peace in the hotly disputed waters. ... more
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GM says China sales hit record high in July
US auto giant General Motors said Monday that its sales in China surged to a record 199,503 vehicles in July, defying a market slowdown and moves by a major Chinese city to limit car numbers. ... more
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ENERGY TECH

Chinese state media blast US over sea criticism
China's state-controlled media lashed out at the United States on Monday, accusing Washington of "trouble-making" over criticism of Beijing's claims to a wide swathe of the disputed South China Sea. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Firefly Aerospace to Acquire SciTec in $855M Deal Expanding National Security Portfolio
China's premier to visit North Korea this week
Ukraine finds Western parts in Russian drones, missiles: Zelensky
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Australia's Hawk jets reach 75,000 hours
Australia's Hawk 127 jet trainers have reached the milestone of 75,000 flying hours, the Australian Department of Defense said. ... more
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AEROSPACE

Japan's ANA posts small Q1 net profit, reversing loss
Japan's All Nippon Airways (ANA) on Friday posted a net profit of 668 million yen ($8.55 million) in its fiscal first quarter to June, reversing a year-earlier loss, thanks to increased travel demand. ... more
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Toyota says quarterly profit skyrockets to $3.71 bn
Toyota said Friday that its quarterly net profit skyrocketed to $3.71 billion and it upped sales targets, as the Japanese auto giant recovered from last year's quake-tsunami disaster. ... more
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Is the Eurozone Doomed? An Interview with Mike Shedlock
As markets continue to yo-yo and commentators deliver mixed forecasts, investors are faced with some tough decisions and have a number of important questions that need answering. On a daily basis we ... more
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Pedestrianised Left Bank could spell Paris logjam: report
Plans to pedestrianise a stretch of the Left Bank in Paris could spell traffic chaos for the French capital, regularly ranked among Europe's most congested cities, a report said on Thursday. ... more
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ASEAN's South China Sea row rumbles on
The Philippines summoned the Cambodian ambassador to explain comments in a newspaper over the South China Sea dispute between the Philippines and China. ... more
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Poll: Many think in-car technology a risk
Most American car owners think automakers have gone too far with in-car connectivity technology that is distracting and dangerous, a poll found. ... more
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ENERGY TECH

Investigations of Shell's Nigeria spills a 'fiasco': Amnesty
Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility. ... more
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