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![]() Mexico City (UPI) Aug 28, 2012 Mexico is giving the go-ahead to U.S. Chimera Energy Corp. to deploy its new non-hydraulic shale oil extraction technology in its Chicontepec Basin. The technology is seen by the industry as a game-changing method of extracting hydrocarbons from shale without adverse effects on ground water resources and the environment. Hydrocarbons produced from shale in the process known as hydraulic fracturing, also known as fracking, have sparked some of the hottest debates in the energy industry. C ... read more |
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![]() Oil flow from Turkish-Iraqi pipeline resumes: minister Oil flow in the Turkish-Iraqi pipeline resumed Tuesday following the blast that damaged one of the two lines, Turkey's energy minister said Tuesday. ... more | .. |
![]() US hikes mileage standards for cars, trucks The Obama administration issued national fuel economy rules Tuesday that require the new cars and trucks in 2025 to average nearly double the fuel mileage of 2012 model vehicles. ... more | .. |
![]() Statoil steps up Arctic energy exploration Norway's Statoil on Tuesday said it would vastly expand its prospecting efforts in the Arctic, thought to hold one of the world's largest untouched deposits of oil and natural gas. ... more | .. |
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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![]() China's BYD first-half profit down 94% on year Chinese electric vehicle maker BYD said Tuesday its net profit slumped 94 percent in the first half from the same period a year ago, on weaker demand for cars and a loss in its solar business. ... more | .. |
![]() China flag carrier reports 77% slump in profit Flag carrier Air China said Tuesday that its net profit plunged 77 percent in the first half from a year ago, hit by weakness in air travel demand and higher fuel costs. ... more | .. |
![]() Hyundai Motor starts work on China joint venture South Korea's top automaker Hyundai Motor said Tuesday its joint venture with a Chinese firm has started the construction of a truck plant in the world's fastest-growing vehicle market. ... more | .. |
![]() Ford says it will bring luxury car brand to China US auto giant Ford Motor Co. said Tuesday it would bring its Lincoln brand to China in two years, pitching the vehicle to the luxury segment of the world's largest car market. ... more |
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![]() Russia to boost investment in premium diesel production two-fold next year Returning to post-Soviet level of crude production this year, Russia now strives to secure its position on the European energy market. The government is pinning its hopes on exports of high-quality ... more | .. |
![]() French PM: Shale gas future not settled The question of tapping shale gas reserves in France - where hydraulic fracturing is banned - isn't yet resolved, Prime Minister Jean-Marc Ayrault says. ... more | .. |
![]() Blast halts oil flow from Turkish-Iraqi pipeline: sources An explosion hit the Turkish-Iraqi pipeline, causing a fire and stopping oil flow to Turkey, Turkish security sources and an Iraqi official said Monday. ... more | .. |
![]() Chinese giant Sinopec sees net profit fall Chinese oil giant Sinopec, Asia's largest refiner by capacity, announced on Sunday that first-half net profit fell 41 percent year-on-year, reports said. ... more |
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![]() Military rescues 27 kidnapped oil workers in Nigeria: navy Nigerian military forces stormed the hideout of a militant gang operating on the waters of oil-producing Cross River State and rescued 27 abducted oil workers, a navy spokesman said Sunday. ... more | .. |
![]() Greenpeace intercepts Russian oil rig workers Greenpeace activists in a tiny inflatable boat on Monday intercepted a Russian ship in the remote Arctic as it was taking oil workers for the pioneering start of drilling work in pristine northern waters. ... more | .. |
![]() China builds sewage facilities on disputed island China has begun building sewage and waste disposal facilities on a disputed South China Sea island, state media said Monday, a move likely to stoke a growing territorial row with its neighbours. ... more | .. |
![]() Cleaner fuel for cruise ships and other big vessels from ingredients in detergents, medicines Scientists have described development of a new fuel mixture to ease the major air pollution and cost problems facing cruise ships, oil tankers and container ships. These vessels tend to burn t ... more |
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![]() Sky high methane mystery closer to being solved Increased capture of natural gas from oil fields probably accounts for up to 70 percent of the dramatic leveling off seen in atmospheric methane at the end of the 20th century, according to new UC I ... more | .. |
![]() Swiss fighter jet purchase details agreed despite criticism Switzerland has agreed details of its planned purchase of 22 fighter jets from Sweden, despite a critical parliamentary report on the deal, the defence ministries of the two countries said Saturday. ... more | .. |
![]() India's first Embarer AWAC headed home India has taken delivery of the first of three Embraer 145 airborne early warning and control aircraft from Embraer Defense and Security in Brazil. ... more | .. |
![]() 'Manageable' oil slick reaches Sri Lanka capital An oil slick from a rusting cargo vessel that sank in bad weather reached the coast of Sri Lanka's capital on Saturday and threatened a beach resort popular with foreign tourists, officials said. ... more |
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![]() PetroChina invests in Middle East oil PetroChina, China's biggest oil and natural gas producer, warned economic growth would be slow in the coming months. ... more | .. |
![]() Enstrom completes Thai helicopter delivery Enstrom Helicopter Corp. has delivered all 16 of the contracted 480B turbine training and utility helicopters to Thailand's army. ... more | .. |
![]() Oil firms evacuate as storm heads for Gulf of Mexico Oil and gas operators in the Gulf of Mexico braced Friday for Tropical Storm Isaac as the strengthening storm barreled toward Haiti on a northwest track that threatened US offshore operations. ... more | .. |
![]() Biorefinery makes use of every bit of a soybean The corn industry produces almost 4,000 products from every bushel. Oil refineries produce fuels and ingredients for an estimated 6,000 products with a thoroughness that actually squeezes 44 gallons ... more |
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![]() Canada's Africa Oil increases estimates Canada's Africa Oil Corp. increased its estimated resources for its Kenyan and Ethiopian concessions. ... more | .. |
![]() Chavez unveils $130 billion oil expansion Venezuelan President Hugo Chavez, seeking re-election Oct. 7, says he plans to spend $130 billion over six years to double the country's daily crude oil output. ... more | .. |
![]() Oil rises in Asia on China stimulus hopes Oil prices surged in Asia on Thursday as hopes of a Chinese stimulus soared after manufacturing activity in the world's largest energy consumer fell to a nine-month low in August, analysts said. ... more | .. |
![]() Iraq expects first F-16 fighter jets in 2013 Iraq expects to receive the first group of F-16 warplanes next year, Prime Minister Nuri al-Maliki's spokesman said on Thursday, after US officials said the aircraft would not arrive until 2014. ... more |
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![]() Peru on track to build new Cusco airport Peru is going ahead with the construction of a high-volume airport at Cusco in southeastern Peru despite controversies over potential risks to the ecological treasures of Chinchero. ... more | .. |
![]() Genetically Engineered Algae For Biofuel Pose Potential Risks That Should Be Studied Algae are high on the genetic engineering agenda as a potential source for biofuel, and they should be subjected to independent studies of any environmental risks that could be linked to cultivating ... more | .. |
![]() UA Engineering Professor Uses Aerospace Materials to Build Endless Green Pipeline Mo Ehsani, Professor Emeritus of Civil Engineering at the University of Arizona, has designed a new, lightweight underground pipe he says could transform the pipeline construction industry. Instead ... more | .. |
![]() Germans prefer bigger engines: study Forget soaring fuel prices and concerns about the environment, Germans are suckers for horsepower and the trend is to buy cars with ever bigger engines, a new study showed on Tuesday. ... more |
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