24/7 Oil and Gas News Coverage
October 05, 2012
AEROSPACE
Boeing Forecasts Air Cargo Growth Driven by Globalization and Trade
Atlanta GA (SPX) Oct 05, 2012
Boeing reports that the global air cargo market will expand at a 5.2 percent annual rate over the next 20 years. According to the Boeing World Air Cargo Forecast 2012/2013, growth will be driven by world gross domestic product (GDP) that will nearly double over the forecast period. Trade is expected to increase through liberalization of markets and more efficient aircraft and infrastructure improvements will reduce the cost of air cargo. Boeing released the biennial forecast, which is widely ... read more

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AEROSPACE

Lockheed Martin Announces New Solution to Reduce Airport Congestion and Improve Overall Airspace Efficiency
Lockheed Martin has announced the availability of The Logic Suite, a comprehensive set of decision support tools that helps connect more passengers to their flights, reduces surface congestion at ai ... more
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AEROSPACE

BAE gets Phase II Bradley upgrade award
The U.S. Army has given BAE Systems a $55 million, Phase II contract for engineering changes to Bradley Fighting Vehicles. ... more
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BIO FUEL

Turd-eating worms clear air around Canadian toilets
Anyone relying on their nose to guide them to a toilet at Quebec's La Providence golf course won't find one - that's because its outhouse is odorless. ... 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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CAR TECH

VW eyes budget cars for emerging markets 'in two years'
Europe's biggest carmaker, Volkswagen, said on Thursday it was considering selling "budget cars" for as little as 5,000 euros ($6,500) in emerging markets "within two years". ... more
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AEROSPACE

GE calls for jet engine checks after China incident
General Electric has recommended new inspections of its GEnx engines, used on Boeing 747 and 787 aircraft, following the failure of an engine in China in September. ... more
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CAR TECH

Fledging electric car market in turmoil with few buyers
The fledgling electric car business is in turmoil as predictions about potential sales have proven to be wildly optimistic despite volatile fuel prices and plenty of media hype. ... more
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ENERGY TECH

Thousands of Bombs Dumped in Gulf of Mexico Pose Huge Threat to Oil Rigs
After World War II the US government dumped millions of kilograms of unexploded bombs into the Gulf of Mexico. This is no secret; many governments dumped their unexploded ordnance into oceans and la ... 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

Big Oil Funding US Politics
U.S. Rep. John Boehner, speaker of the House of Representatives, received nearly twice as much financial support from donors tied to the energy sector than did the next-closest recipient, a report f ... more
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AEROSPACE

S. America aviation grows in Olympics boom
Brazilian aviation companies are beginning to respond to the expected boom in air traffic before the 2014 FIFA World Cup and the 2016 Olympics. ... more
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CAR TECH

Automatic braking could reduce collisions
Warning systems and automatic braking technologies offered as options on some cars can help save lives, engineers at Virginia Tech say. ... more
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BIO FUEL

Napiergrass: A Potential Biofuel Crop for the Sunny Southeast
A grass fed to cattle throughout much of the tropics may become a biofuel crop that helps the nation meet its future energy needs, according to a U.S. Department of Agriculture (USDA) scientist. ... more
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ENERGY TECH

Chinese ships enter disputed waters: Japan
Chinese government ships entered territorial waters off disputed Tokyo-controlled islands for the second straight day Wednesday, Japanese coastguards said. ... more
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ENERGY TECH

Time bomb: Military ordnance in Gulf poses threat to shipping
Millions of pounds of unexploded bombs and other military ordnance that were dumped decades ago in the Gulf of Mexico, as well as off the coasts of both the Atlantic and Pacific oceans, could now po ... more
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ENERGY TECH

Glum Chinese data sinks oil prices
US oil prices dropped more than four percent Wednesday, hit by glum data on China's services sector and lowered forecasts for Asian growth. ... more
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AEROSPACE

Hummingbirds make flying backward look easy
Backing up usually isn't easy, yet when Nir Sapir observed agile hummingbirds visiting a feeder on his balcony in Berkeley, California, he was struck by their ability to reverse. 'I saw that they qu ... 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

The Japanese insist on gas pipeline construction from Sakhalin to Hokkaido
The Japanese have once again urged Russia to start the construction of a gas pipeline between the two states. Japan's JPDO Corporation, one of Gazprom's partners, says that laying a gas pipeline fro ... more
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AEROSPACE

Brazil expects a better jet fighter deal
Brazil is hoping to secure a better deal on its planned multibillion-dollar revamp of the air force combat inventory with the possible purchase of up to 36 new jet fighters. ... more
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CAR TECH

US auto sales roar ahead in September
US auto sales roared ahead in September, gaining 13 percent from a year earlier and posting the best sales pace since March 2008, industry data showed Tuesday. ... more
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ENERGY TECH

Iraq September oil exports slightly higher
Iraq's oil exports were slightly higher in September compared to the previous month of August, oil ministry spokesman Assem Jihad said on Monday. ... more
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AEROSPACE

Eglin F-35 Fleet At 20 And Growing
The 20th Lockheed Martin F-35 Lightning II has been as delivered to Eglin Air Force Base, Fla., to support F-35 pilot and maintainer training taking place on the Emerald Coast. BF-15, piloted ... more
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ENERGY TECH

Oil prices drop as Chinese manufacturing shrinks
World oil prices fell on Monday as figures showing that China's manufacturing activity contracting for the second month running in September added to concerns about weak energy demand, analysts said. ... more
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ENERGY TECH

Thousands protest against Malaysia petroleum hub
Thousands rallied in southern Malaysia on Sunday against a government-backed $56-billion petroleum hub they say will force thousands out of their homes and damage a fishing community. ... more
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ENERGY TECH

Greek owner of NZ oil spill ship to pay up to $31 million
The Greek owners of the ship at the centre of New Zealand's worst maritime environmental disaster agreed Tuesday to pay up to NZ$38 million ($31 million) towards the cost of the clean-up. ... 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

Brazil to delay jet decision until 2013, no favorite
Brazil will postpone until next year a decision on a multi-billion-dollar contract to buy 36 next-generation fighter and there is currently no favorite, a government source said Friday. ... more
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ENERGY TECH

Less chemicals found in Wyo. fracking zone
The U.S. government has released results of groundwater testing in Wyoming where residents allege "fracking" has contaminated their drinking water. ... more
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ENERGY TECH

Major changes are coming to Russia's natural gas market
Moscow (Voice of Russia) Sep 27, 2012 The Russian gas market will be undergoing a transformation over the course of the next 6-12 months. Renaissance Capital has released a new study on the industr ... more
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CAR TECH

Renault says hopes for China OK for factory this year
French auto maker Renault, which still does not manufacture in China, hopes to get permission by the end of the year to open a factory there, a senior executive said Thursday. ... more
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ENERGY TECH

Russia expanding gas exports eastwards
Russia is expanding gas exports to the Asian Pacific region. This year it is to supply 16 extra batches of liquefied natural gas (LNG) to Japan as part of the Sakhalin 2 project. The enterpris ... more
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ENERGY TECH

India pursuing Canadian oil sands
India is becoming more interested in Canadian energy assets, a government official says. ... more
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ENERGY TECH

Ship's captain apologises for New Zealand disaster
The Filipino captain of the ship that caused New Zealand's worst maritime environmental disaster has issued a public apology for the catastrophe and for trying to cover up his role. ... more
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ENERGY TECH

Cambodia gears for offshore drilling
Cambodia aims to begin its first offshore oil production next year, a government official said. ... more
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