24/7 Oil and Gas News Coverage
October 12, 2012
BIO FUEL
Palm Oil Massive Source of Carbon Dioxide
New Haven CT (SPX) Oct 11, 2012
Expanding production of palm oil, a common ingredient in processed foods, soaps and personal care products, is driving rainforest destruction and massive carbon dioxide emissions, according to a new study by Yale and Stanford researchers. The study, published in the journal Nature Climate Change, shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions. Plantation expansion is projected to ... read more

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BIO FUEL

Which Biofuels Hold the Most Promise for the Future
Following record droughts across the United States the benefits of the ethanol subsidy were once again hotly debated and biofuels in general found themselves generating quite a few unflattering head ... more
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ENERGY TECH

China goes after big stake in Iraq's oil
Chinese oil companies are showing a growing interest in Iraq's oil industry, which the International Energy Agency expects to more than double production by the end of the decade to 6.1 million barrels per day. ... more
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ENERGY TECH

Canada extends review of CNOOC's Nexen takeover
Canada's industry minister announced Thursday a 30-day extension to review Chinese state-owned energy giant CNOOC's $15.1 billion takeover bid for the Canadian oil and gas company Nexen. ... 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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AEROSPACE

Quickstep moves on Hercules order
Australian composite manufacturer Quickstep said it firmed up its order with Lockheed Martin for 24 sets of carbon-fiber wing flaps for the C-130J Hercules transport aircraft. ... more
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CAR TECH

Tycoon offers Chinese cars for Japanese amid row
A Chinese philanthropist known for his populist gestures has pledged to give domestically made cars to more than 40 people whose vehicles were damaged in widespread anti-Japan protests last month. ... more
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AEROSPACE

Boeing: Boeing Receives $2 Billion C-17 Aircraft Sustainment Contract
Boeing will continue assuring the worldwide availability of C-17 aircraft, which provide vital military and humanitarian airlift capability, through a $2 billion follow-on contract it recently recei ... more
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AEROSPACE

Chile deploys Israel's RecceLite system
Chile's air force command has deployed the Israeli-made RecceLite reconnaissance system but the government of President Sebastian Pinera has yet to formally announce the acquisition. ... 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

Iraq eyes 10 million bpd oil target despite IEA report
Iraq insisted on Wednesday its oil output could reach up to 10 million barrels per day by 2020, far higher than a prediction from the International Energy Agency which outlined several risks. ... more
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ENERGY TECH

Graphene membranes may lead to enhanced natural gas production, less CO2 pollution, says CU study
Engineering faculty and students at the University of Colorado Boulder have produced the first experimental results showing that atomically thin graphene membranes with tiny pores can effectively an ... more
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BIO FUEL

Super-microbes engineered to solve world environmental problems
Environmental problems, such as depleting natural resources, highlight the need to establish a renewable chemical industry. Metabolic engineering enhances the production of chemicals made by microbe ... more
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ENERGY TECH

Japan, India to study LNG pricing
Japan and India on Wednesday launched a joint research project into pricing structures in LNG markets, the Japanese government said, amid complaints that energy-hungry Asia is paying above the odds. ... more
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CAR TECH

Japan's Toyota to recall 7.43 mn vehicles globally
Toyota on Wednesday announced a global recall of 7.43 million vehicles, including its popular Camry and Corolla models, over a possible fire risk, in a fresh blow to the firm's reputation for safety. ... more
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CAR TECH

China's September auto sales fall on Japan row
China's auto sales fell 1.8 percent year-on-year in September as a territorial row between China and Japan hurt demand for Japanese-brand vehicles, an industry group said Wednesday. ... more
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ENERGY TECH

What Impact does Oil have on the Syrian Civil War?
There is a popular belief in the Middle East that Washington's foreign policy, particularly as it relates to this precarious region, is largely driven by America's dependency on, and insatiable appe ... more
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AEROSPACE

Two flights grounded in China after phone threats: airline
Two planes were grounded at Chinese airports on Tuesday after anonymous threatening phone calls were received, an airline said, a day after a hoax threat forced a plane to make an emergency landing. ... 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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BIO FUEL

Computational Model IDs Potential Pathways to Improve Plant Oil Production
Using a computational model they designed to incorporate detailed information about plants' interconnected metabolic processes, scientists at the U.S. Department of Energy's Brookhaven National Labo ... more
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ENERGY TECH

Chevron decries court refusal to block Ecuador fine
Oil giant Chevron said it was disappointed by the US Supreme Court's decision not to block an $18 billion fine sought by Ecuador for environmental damage in the Amazon. ... more
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CAR TECH

How Will Smart Cars Affect the Future of Driving?
California, Nevada, and Florida have already made driverless cars street-legal, and continuing advances in the technology have led many to predict that the commercialization of automated vehicles is ... more
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BIO FUEL

Biorefining: The new green wave
Biorefineries and "green chemistry" seem to have a credible future built on a wide range of applications such as cosmetics, plastics and detergents. ... more
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CAR TECH

GM says China auto sales hit record in September
General Motors' China sales hit a record in September, the US auto giant said Monday, amid a territorial row between Beijing and Tokyo that has reportedly hit the business of Japanese competitors. ... more
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CAR TECH

Plans to cut urban motorway through Bucharest stir outcry
At a time when cities across the world seek ways to reduce traffic, the mayor of Romania's capital Bucharest has launched an ambitious project to build a new motorway in the city, despite widespread protests. ... more
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ENERGY TECH

Britain weighing tax breaks on shale gas: Osborne
Britain is considering "generous" tax breaks for shale gas exploration to encourage investment in the industry, finance minister George Osborne said Monday. ... more
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ENERGY TECH

Using less gas and oil to get where you're going
A quick pit-stop at the gas station is enough to put a good dent in your wallet. New technology is set to lower the high cost of filling up your car, by enabling combustion engines to consume two to ... 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

Gunmen kill Chinese worker in northern Nigeria
Gunmen have shot dead a Chinese national who was working as a chef for a construction company in Nigeria's troubled northeast, a company official said Monday. ... more
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ENERGY TECH

IEA says Iraq oil output to more than double by 2020
Iraq could more than double its current daily oil production by 2020, vastly boosting its economy and helping to bring stability to global energy markets, the International Energy Agency forecast on Tuesday. ... more
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AEROSPACE

Boeing Forecasts Air Cargo Growth Driven by Globalization and Trade
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 ... more
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AEROSPACE

New Brazilian facility for Eurocopter
Eurocopter is deepening its footprint in Latin America with its Brazilian subsidiary opening a new manufacturing facility and center of excellence. ... 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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CAR TECH

Toyota China sales cut in half by island row: report
Sales of Toyota cars in China plunged by 50 percent on-month in September amid an anti-Japan backlash over disputed islands, a report said Friday. ... more
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ENERGY TECH

Dutch court rejects Shell bid to ban Greenpeace protests
A Dutch court on Friday rejected a bid by oil multinational Royal Dutch Shell to ban Greenpeace from protesting near its property on pain of a massive fine, saying such groups had a right to inform the public. ... more
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AEROSPACE

JAL to extend Japan-China flight cuts amid row
Japan Airlines said Friday it would extend temporary cuts in its service between Japan and China because it sees no upturn in demand as a territorial row between the two countries rumbles on. ... more
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