24/7 Oil and Gas News Coverage
October 23, 2012
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Maker of London taxis falls into administration
London (AFP) Oct 22, 2012
The company that makes London's iconic black taxis collapsed into administration on Monday but was hopeful of receiving a financial rescue amid reports of a possible Chinese lifeline. "Manganese Bronze Holdings PLC, the manufacturer of the world famous London taxi, today announces that discussions with various parties to secure funding on acceptable terms to address the group's financial needs have proved unsuccessful. "The board has therefore concluded that the group is no longer a going concer ... read more

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AEROSPACE

Embraer delivers Super Tucano aircraft to Mauritania
Brazil's top planemaker Embraer said Monday it has delivered an undisclosed number of its A-29 Super Tucano light attack aircraft to the Mauritanian Air Force. ... more
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ENERGY TECH

Oil prices extend losses
Oil prices fell further on Monday in the wake of sharp pre-weekend losses, as investors balanced poor Japanese export data against Middle East unrest. ... more
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ENERGY TECH

Canada opposes Petronas bid for Canadian gas producer
A top Canadian official said his country is not satisfied with the $5.3 billion bid by Malaysian state energy firm Petronas to buy the Canadian gas producer Progress Energy Resources. ... 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

Bad weather stops south Iraq oil exports
Oil exports through Iraq's southern oil terminals, through which the vast majority of the country's crude exports flow, have been suspended due to bad weather, an official said on Sunday. ... more
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BIO FUEL

Beneficial Mold Packaged in Bioplastic
Aflatoxins are highly toxic carcinogens produced by several species of Aspergillus fungi. But not all Aspergillus produce aflatoxin. Some, in fact, are considered beneficial. One such strain, dubbed ... more
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CAR TECH

China to test driverless cars for 75 miles
Engineers in China say unmanned automobiles will travel from Beijing to Tianjin, a distance of 75 miles, sometime next year in a test of driverless technology. ... more
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ENERGY TECH

Cleaner fracking
The technology that opened a wealth of new natural gas resources in the U.S. is producing millions of gallons of dirty water - enough from one typical gas well to cover a football field to a depth o ... 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

Alberta to monitor oil sands
The Canadian province of Alberta said it will create an "arm's-length" agency to monitor the long-term environmental impact of oil sands development. ... more
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AEROSPACE

Outside View: AA restructuring
It's been nearly one year since American Airlines announced reluctantly that it could no longer avoid the inevitable. Like the many airlines before it, American would have to adapt to a new airline environment in which restructuring, internal and external realignment became paramount if an airline was to be in the conversation about tomorrow's survivors. ... more
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AEROSPACE

F-35A Completes First In-Flight Weapons Release
An F-35A conventional takeoff and landing (CTOL) aircraft completed the first in-flight weapons release of a 2,000 pound GBU-31 BLU-109 Joint Direct Attack Munition (JDAM) from a 5th Generation figh ... more
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AEROSPACE

Lockheed Martin Completes F-35 Full Mission Simulator Installation at Marine Corps Air Station Yuma
Lockheed Martin marked the completion of the first F-35 Lightning II Full Mission Simulators (FMS) at Marine Corps Air Station (MCAS) Ariz. The air station will be home to the first operational Mari ... more
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CAR TECH

Australian race crew in faster-than-a-bullet bid
An Australian race crew hoping to beat their British rivals to a new supersonic land-speed record of over 1,000mph launched their bid Thursday, unveiling the first parts of their rocket-powered car. ... more
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ENERGY TECH

Iran Guards reject accusation of oil spill plan
Iran's elite Revolutionary Guards on Thursday rejected reported allegations from Western intelligence sources that it plans to damage an oil tanker in the Gulf to create an environmental disaster. ... more
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BIO FUEL

Food vs. fuel: Is there surplus land for bioenergy?
An interdisciplinary team of 11 scientists from seven European countries and the USA have discussed the concept to utilize so called surplus land for the production of feedstock for bioenergy. They ... more
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CAR TECH

Nissan to build 'steer-by-wire' cars
Japanese carmaker Nissan says it plans to sell cars with "steer-by-wire" technology within a year. ... 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

Fears grow Iran will block Hormuz Strait
Iran has denied a report it plans to block the strategic Strait of Hormuz with a giant oil spill. ... more
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ENERGY TECH

Oil prices slip as China slowdown weighs
Oil prices eased Thursday as investors digested economic data on slowing growth in China, the world's biggest energy consumer. ... more
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AEROSPACE

Boeing Starting Production of KC-46 Tanker Refueling Boom
Boeing this week begins assembling the first refueling boom for the U.S. Air Force's next-generation aerial refueling tanker aircraft in the KC-46 Boom Assembly Center that opened Teusday at Boeing ... more
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ENERGY TECH

Pitt Engineers to Design Affordable CO2 Thickener to Augment Oil Extraction
Crude oil extraction could be improved significantly and accessible domestic oil reserves could be expanded with an economical CO2 thickener being developed by University of Pittsburgh engineers, th ... more
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CAR TECH

Car-packed Sofia sets EU example with solar car charger
Bulgaria's car-packed capital Sofia has set an EU example in the fight against greenhouse gas emissions by installing its first state-of-the-art solar-powered charger for electric cars, the project's managers said Wednesday. ... more
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ENERGY TECH

Maliki mulls ditching Exxon for Russians
Iraqi Prime Minister Nouri al-Maliki is reportedly thinking of throwing out U.S. oil giant Exxon Mobil from the giant West Qurna-1 oilfield for signing an "illegal" production deal with semiautonomous Kurdistan and bringing in Russian companies instead. ... more
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ENERGY TECH

Iran denies sanctions hitting oil sector
Iranian oil industry chief Mohammad-Ali Khatibi has denied an International Energy Agency assessment that Tehran's oil exports fell sharply last month. ... more
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CAR TECH

Cadillac to introduce electric gas hybrid
U.S. automaker Cadillac says it will introduce an electric/gasoline hybrid car similar to the Chevrolet Volt in 2012, dubbed the Cadillac ELR. ... 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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CAR TECH

Toyota to halt production at China plant: reports
Toyota plans to halt production next week at its biggest assembly plant in China, reports said Tuesday, with demand for Japanese cars slumping because of a bitter territorial row between Tokyo and Beijing. ... more
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ENERGY TECH

Prestige oil spill disaster trial opens in Spain
Ten years after the sinking of the Prestige oil tanker off Spain, the ship's Greek captain and three others went on trial on Tuesday over the worst oil spill in the country's history. ... more
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ENERGY TECH

Prestige oil disaster trial starts in Spain
Seamen go on trial Tuesday over the sinking of the Prestige petrol tanker which spilt a devastating oil slick when it sank off Spain in 2002, with hundreds of plaintiffs seeking billions in damages. ... more
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ENERGY TECH

Two Chinese kidnapped on Cameroon-C.Africa border
Two Chinese nationals working on a road project in Central African Republic were kidnapped in an attack three weeks ago on a border post along the Cameroonian frontier, a police source said Monday. ... more
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ENERGY TECH

Poland to invest 12.5 billion euros in shale gas by 2020
Poland will invest 50 billion zlotys (15.5 billion euros) in the exploration of shale gas by 2020, Finance Minister Mikolaj Budzanowski said Saturday. ... more
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CAR TECH

Volvo Cars suspends production at Swedish plant
Volvo Cars, part of China's Geely group, said on Monday that production at one of its main plants would be suspended for a week due to a slowdown in the European auto market. ... more
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ENERGY TECH

Sinopec, ENN drop $2.2 bn offer for China Gas
China's Sinopec and ENN Energy Holdings said Monday they have dropped a $2.2 billion offer for China Gas Holdings, the first hostile bid by a state-owned Chinese business for a private firm. ... more
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ENERGY TECH

Iran develops plans for deliberate Gulf oil spill: report
Iran's elite Revolutionary Guards have developed plans to damage an oil tanker in the Gulf to create an environmental disaster, German magazine Spiegel reported on Sunday. ... more
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