24/7 Oil and Gas News Coverage
October 24, 2012
CAR TECH
WTO appoints panel to probe China-US auto dispute
Geneva (AFP) Oct 23, 2012
The World Trade Organization on Tuesday established a panel of experts to investigate a complaint by the United States over Chinese duties on auto imports. In the dispute, one of many involving the world's two biggest economies, the US described China's actions as having "profound procedural and substantive deficiencies," a source close to the organisation said. The duties were also in breach of international trade rules, the US delegation said. China responded by saying that it regretted th ... read more

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BIO FUEL

Serbia marks opening of new biogas plant
Serbian efforts to produce renewable energy from agricultural waste marked a milestone over the weekend with the opening of a $7.2 million biogas plant. ... more
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ENERGY TECH

Yanukovych: Expects 'fair' gas price
Ukraine expects to eventually negotiate a "fair" price for its imports of Russian natural gas, Ukrainian President Viktor Yanukovych said this week. ... more
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AEROSPACE

Iraq to pay $500 mn airline settlement by mid-2013: Kuwait
Kuwait said on Wednesday that Iraq will complete payment of a $500 million settlement of an airline dispute between the two nations by the middle of next year. ... 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

Oil prices rebound on upbeat Chinese manufacturing data
Oil prices rebounded slightly on Wednesday, with sentiment boosted by upbeat data from top global energy consumer China, ahead of new economic figures from the United States. ... more
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ENERGY TECH

British company claims 'gasoline from air'
A small British company says it has developed a technology that can produce gasoline from air that can then be used in any regular gas tank. ... more
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AEROSPACE

Embraer expands in African aviation market
Brazilian aircraft maker Embraer is expanding to Africa's defense procurement horizon, seen to be a potentially lucrative business growth area with the rise of several West African countries as emerging markets. ... more
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ENERGY TECH

Australia begins shale production
Australian oil and gas company Santos Ltd. has launched the country's first commercial shale gas well in the Cooper Basin in South Australia. ... 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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AEROSPACE

Chinese HNA buys into French airline, steps into Europe
A Chinese firm has acquired an interest in a French airline for the first time with the announcement on Tuesday that HNA has acquired nearly half of Aigle Azur. ... more
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ENERGY TECH

Iraq signs gas pipeline deal with S.Korea's KOGAS
Iraq signed a $128-million gas pipeline deal Tuesday and issued a tender to develop an oilfield in the south with proven reserves of more than four billion barrels, the latest steps in its efforts to ramp up output. ... more
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CAR TECH

Maker of London taxis falls into administration
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. ... 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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AEROSPACE

Second UK F-35 And Marine Corps F-35B Delivered To Eglin
The second United Kingdom Lockheed Martin F-35 Lightning II takes off from Naval Air Station Fort Worth Joint Reserve Base Friday for delivery to Eglin Air Force Base, Fla. Eglin's eleventh U. ... more
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AEROSPACE

Raytheon-led team graduates first Afghan Air Force pilots on Warfighter FOCUS program contract
The first 10 Afghan Air Force (AAF) students graduated as commercial-level rotary-wing pilots on a contract led by Raytheon to provide training for up to 80 Afghan airmen on fixed- and rotary-wing a ... 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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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

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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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

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

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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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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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

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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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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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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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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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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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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