24/7 Oil and Gas News Coverage
September 05, 2012
ENERGY TECH
Iran is 'only power' that can secure Gulf: commander
Tehran (AFP) Sept 4, 2012
Iran is the "only power" that can secure the oil-rich Gulf, a Revolutionary Guards commander said on Tuesday, adding that the reinforced US navy presence in the waterway was causing regional instability. "The only power which can provide for the security in the region is the Islamic Republic of Iran and the world is slowly grasping this issue," said Admiral Ali Fadavi, the Guards' top naval chief, quoted by the website of the Bushehr provincial governor's office (ostb.ir). Tehran has often denou ... read more

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CAR TECH

US auto sales jump 20 percent in August
US auto sales jumped 20 percent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data showed Tuesday. ... more
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ENERGY TECH

Oil prices advance on China, Europe stimulus hopes
Global crude oil prices rose Tuesday as weak manufacturing numbers from Europe and China lifted hopes of fresh central bank stimulus measures, analysts said. ... more
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ENERGY TECH

Iran has 'problems' selling oil: Ahmadinejad
Iran has "problems" exporting its oil, President Mahmoud Ahmadinejad admitted on Tuesday, but he said his government was determined to overcome that and other challenges posed by Western economic sanctions. ... 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

Philippines hails Clinton remarks on South China Sea
Philippine officials praised US Secretary of State Hillary Clinton's call for a peaceful resolution of territorial disputes in the South China Sea, saying Tuesday she had bolstered Manila's stance. ... more
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BIO FUEL

Waste cooking oil makes bioplastics cheaper
'Bioplastics' that are naturally synthesized by microbes could be made commercially viable by using waste cooking oil as a starting material. This would reduce environmental contamination and also g ... more
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ENERGY TECH

Oil market steady amid weak Chinese data
Global oil prices held steady on Monday as traders worried that contracting Chinese manufacturing activity could hit global demand for crude. ... more
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ENERGY TECH

Nigerian community urges action on oil devastation
Nigerians from a region devastated by oil spills on Monday called on the president to take action, more than a year after a UN report said the contamination may require the world's biggest cleanup. ... 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

Fire points to Venezuela oil industry woes
Venezuela's biggest oil refinery remained closed Friday after firefighters put out a fire that raged for more three days following an explosion that killed at least 48 people, left dozens wounded and hundreds homeless. ... more
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ENERGY TECH

Barclays Capital bullish on Israeli natgas
Israel has long been a major importer of energy supplies, including oil and natural gas, but recent discoveries have drawn positive outlook for the Israeli energy sector. ... more
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ENERGY TECH

Shell's arctic plans get limited go-ahead
The U.S. Interior Department has granted Shell permission to start limited drilling in the Chukchi Sea off Alaska's coast. ... more
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ENERGY TECH

Tokyo govt surveys disputed isles in row with China
A team of Japanese surveyors Sunday sailed to a group of disputed islands in the East China Sea that the nationalistic governor of Tokyo wants to buy, with Beijing lodging a "serious protest" at the action. ... more
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ENERGY TECH

Clinton to seek China sea unity in Indonesia
US Secretary of State Hillary Clinton arrived in Indonesia Monday hoping to encourage unity among Southeast Asian nations in an effort to manage increasingly tense disputes with China. ... more
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ENERGY TECH

Iraq oil exports highest in more than 30 years
Iraq's oil exports reached their highest level in more than three decades last month as the country's output has continued to increase, oil ministry officials said on Saturday. ... more
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AEROSPACE

Airbus says Chinese-built planes to be sold only in China
Airbus planes built in a Chinese factory will be sold only to Chinese clients, the European plane maker said Monday, although a leasing exception could see aircraft end up with foreign airlines. ... more
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AEROSPACE

Arrest after China flight threat: state media
Police in southern China have arrested a man suspected of threatening to blow up a commercial jet, following a similar incident affecting a flight from Beijing, state press said Sunday. ... 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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CAR TECH

New Saab cars to be rolled out in 2014
The buyers of bankrupt Swedish carmaker Saab said Monday they would launch their first model in 2014 using the Saab name, after concluding the purchase of the company for an undisclosed sum. ... more
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AEROSPACE

Boeing Fatigue Test to Validate Predicted Life of B-1 Bomber Fleet
Boeing has begun a five-year fatigue test on the wing of a U.S. Air Force B-1 bomber to validate the predicted life of the bomber fleet, currently forecasted to be 2050. The test also will reveal po ... more
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AEROSPACE

Northrop Grumman's BACN Completes 3,000th E-11A Mission Overseas
Northrop Grumman's Battlefield Airborne Communications Node (BACN) has completed 3,000 missions flying aboard the E-11A Bombardier Global Express BD-700 aircraft in support of overseas contingency m ... more
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AEROSPACE

Boeing to Provide PBL for USAF F-15 Radars
Boeing has received an $85 million Performance-Based Logistics (PBL) contract for continued support of U.S. Air Force F-15 mechanically scanned and Active Electronically Scanned Array (AESA) radars. ... more
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ENERGY TECH

Kurds to continue Iraq oil exports until Sep 15
Iraqi Kurdistan will export oil via federal pipelines until September 15, an official said on Saturday, extending a one-month confidence-building measure amid a row with the central government in Baghdad. ... more
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AEROSPACE

US Army Apache Fleet Surpasses 3.5 Million Flight Hours
Boeing and Team Apache suppliers worldwide are applauding the news that the U.S. Army AH-64 Apache helicopter fleet has surpassed 3.5 million flight hours. The Army's aviation program office said th ... more
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ENERGY TECH

Oil mixed as US facilities avoid hurricane's fury
Crude oil prices traded mixed Thursday as supply concerns eased after Hurricane Isaac left production facilities in the US Gulf of Mexico relatively unscathed, analysts said. ... more
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AEROSPACE

China signs $3.5bn Airbus jet deal as Merkel visits
China signed a $3.5 billion deal to buy 50 Airbus jets Thursday during a visit by German leader Angela Merkel, who sought to reassure Beijing that Europe is committed to overcoming the eurozone crisis. ... 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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ENERGY TECH

Thai firm pleads guilty over Australian oil spill
A Thai state-owned firm on Thursday admitted four charges over a huge oil spill off northwestern Australia, the country's worst ever offshore drilling accident. ... more
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ENERGY TECH

China can 'safeguard' territory amid dispute: Xinhua
The Chinese armed forces are capable of "safeguarding" the country's territory, a military spokesman was quoted as saying by state media on Thursday, amid a territorial dispute with Japan. ... more
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ENERGY TECH

U.S. diplomat claims he was misquoted
U.S. Charge d'Affaires in Sudan Joseph Stafford says he was misquoted by a Sudanese newspaper regarding "regime change" in Sudan. ... more
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BIO FUEL

Japan toilet maker showcases 'poop-powered' motorbike
Japan's best-known toilet maker on Thursday put a "poop-powered" motorbike on display at its showroom, saying it can drive 300 kilometres (180 miles) on a full load of gas made from animal waste. ... more
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ENERGY TECH

Yoko Ono leads stars against 'fracking'
John Lennon's widow Yoko Ono and their son Sean Lennon on Wednesday launched "Artists Against Fracking" to oppose the technique for natural gas extraction in an important New York state water region. ... more
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AEROSPACE

Boeing Celebrates Delivery of First Aeroloft Installed on a BBJ 747-8
Boeing has celebrated the delivery of the first Aeroloft installed on a Boeing Business Jet (BBJ) 747-8. The Aeroloft, designed and built by Greenpoint Technologies of Kirkland, Wash., provides 393 ... more
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ENERGY TECH

Sea row set aside as China, ASEAN seek trade boost
China and Southeast Asian nations pledged Wednesday to strive for closer economic ties, setting aside regional tensions over a territorial row in the resource-rich South China Sea. ... more
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CAR TECH

China's Dongfeng sees profits slide in first half
Chinese carmaker Dongfeng Motor Group on Wednesday said its net profit in the first half of 2012 slipped 8.36 percent on the back of falling commercial vehicle sales and stiffer competition. ... more
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