24/7 Oil and Gas News Coverage
August 14, 2012
ENERGY TECH
Penn team and colleagues create a cheaper and cleaner catalyst for burning methane
Philadelphia PA (SPX) Aug 14, 2012
As the world's accessible oil reserves dwindle, natural gas has become an increasing important energy source. The primary component of natural gas is methane, which has the advantage of releasing less carbon dioxide when it's burned than do many other hydrocarbon fuels. But because of the very stable structure of the methane molecule, it can be difficult to access the energy stored within. When unburned methane escapes into the atmosphere, it's a greenhouse gas 20 times more powerful than carbon dioxide ... read more

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CAR TECH

Japan's Isuzu plans China, India truck plants: report
Japan's Isuzu Motors will spend 30 billion yen ($382 million) to build new factories in China and India to tap rising demand for pickup trucks in the fast-growing markets, a report said Tuesday. ... more
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ENERGY TECH

Oil spill detected near Exxon operations in Nigeria
An oil spill has been detected along the coast of southern Nigeria near operations for US giant ExxonMobil, the company said Monday, but the cause and size of the leak remained unclear. ... more
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ENERGY TECH

Oil higher in Asian trade on hopes of stimulus
Crude prices rose in Asian trade Monday on expectations of stimulus measures to boost economic growth in the United States, China and Europe, analysts 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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ENERGY TECH

Iraq oil and gas law is UN 'priority': special envoy
Passing a much-delayed oil and gas law in the Iraqi parliament is a top priority, and the UN has put together an internal taskforce to tackle the issue, special envoy Martin Kobler told AFP on Monday. ... more
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ENERGY TECH

Iraq gives Total ultimatum over Kurdish oil deal
Iraq on Sunday gave French energy giant Total an ultimatum to either end its dealings with the autonomous Kurdistan region in the north or to sell its stake in a giant southern oilfield. ... more
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ENERGY TECH

Environmentalists oppose Shell drilling
Environmental organizations urged the Obama administration not to allow oil giant Shell to begin planned exploratory drilling in arctic seas off Alaska this summer. ... more
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ENERGY TECH

Ukraine eyeing Chinese gasification tech
Ukraine indicated this week it will seek access to Chinese coal gasification technologies as a way to wean its power plants from Russian natural gas. ... more
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24/7 News Coverage
Vast reserves, but little to drink: Tajikistan's water struggles
Year after northern Nigeria floods, survivors left high and dry
Africa's path to low-carbon food security
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ENERGY TECH

Malaysia urges ASEAN to unite over South China Sea
Malaysia's foreign minister urged Southeast Asian countries on Sunday to settle their overlapping claims in the South China Sea before bringing them up with Beijing. ... more
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ENERGY TECH

US destroyer collides with tanker at entrance to Gulf
A US guided-missile destroyer collided on Sunday with a Japanese-owned bulk oil tanker near the entrance to the Gulf, but no one was hurt and the ship is able to operate, the US Fifth Fleet said. ... more
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AEROSPACE

Chile still seeking Black Hawk helicopters
Chile is seeking U.S. government information for possible purchase of additional Black Hawk helicopters for the Chilean air force, industry sources said. ... more
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BIO FUEL

Senegalese villagers vow to fight biofuels project
Villagers from northern Senegal vowed Thursday to fight a project by Senegalese and Italian investors to produce biofuels on their land, a venture already forced to relocate once by deadly protests. ... more
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ENERGY TECH

IEA cuts global oil demand forecasts on economic slowdown
Faltering economic growth will undercut global oil demand this year and next, the International Energy Agency said Friday, citing slowdowns in China and the United States in particular. ... more
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BIO FUEL

AREVA invests in bio-coal
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 techn ... more
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CAR TECH

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

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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Space News from SpaceDaily.com
SpaceX plans 11th test of Starship later this month from South Texas
Cassini proves complex chemistry in Enceladus ocean
Detection of phosphine in a brown dwarf atmosphere raises more questions
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ENERGY TECH

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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ENERGY TECH

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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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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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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ENERGY TECH

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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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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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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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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Military Space News, Nuclear Weapons, Missile Defense
Maintaining US space dominance requires rapid and reliable delivery of new systems
Shield or Spark? The U.S. Golden Dome and the New Missile Arms Race
Starcloud partners with Mission Space to protect orbital datacenters with real time space weather intelligence
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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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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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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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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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ENERGY TECH

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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