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Falklands oil quest draws hedge fundsStanley, Falkland Islands (UPI) Nov 2, 2012 The Falklands' bid to enter the big league of oil producers in the South Atlantic is drawing hedge funds to what promises to be a multibillion-dollar enterprise. The Falkland, a British Overseas Territory, has been challenged by Argentina every step of the way from prospecting to commercial exploitation of subsea crude oil and possibly natural gas. Argentina invaded the islands in 1982 but was repelled by Britain in a 74-day war that resulted in about 1,000 deaths. Argentina's rul ... read more |
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 Iraqi Kurds defy Baghdad, export own oil Iraq's independence-minded Kurds have started exporting oil independently of Baghdad, fueling a political battle that will undermine the central government's strategy of boosting oil production and possibly threaten the cohesion of the state. ... more | .. |
  Japan Airlines profit soars but China spat weighs Japan Airlines on Friday raised its full-year profit forecast to $1.74 billion as the carrier, which only exited bankruptcy last year, released its first results since re-listing on Tokyo's stock market. ... more | .. |
 Maurel Prom reveals approach for Gabon oil assets, report names suitor Sinopec French oil company Maurel et Prom, which operates mainly in Gabon, said on Thursday that it had received approaches for some of its activities but that no agreement was in sight. ... more | .. |
 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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  Biofuel breakthrough: Quick cook method turns algae into oil It looks like Mother Nature was wasting her time with a multimillion-year process to produce crude oil. Michigan Engineering researchers can "pressure-cook" algae for as little as a minute and trans ... more | .. |
 Switching to an energy crop: Break even or make a profit? Along with the growing interest in biomass energy crops as renewable alternatives to fossil fuels comes a growing list of questions from corn and soybean farmers about what it will cost them to swit ... more | .. |
 BG Group says it sells Queensland gas interests to China's CNOOC British energy producer BG Group said on Wednesday it will sell interests in its Queensland Curtis liquefied natural gas project in Australia to China's CNOOC for US$1.93 billion (1.48 billion euros). ... more | .. |
 Iraq, Kuwait battle over gulf megaports Iraq and southern neighbor Kuwait, at daggers drawn since the days of the Ottoman Empire, are again in dispute, this time over plans to build rival megaports in the northern Persian Gulf. ... more |
  
USF study: Ancient plankton hint at steadier future for ocean life
Researchers wake up microbes trapped in permafrost for thousands of years
China's 'Great Green Wall' brings hope but also hardship | .. |
 US travel chaos continues with 20,000 flights cancelled Travel chaos from Hurricane Sandy dragged into a fourth day with roads still covered in floodwater and debris, New York's subway still closed and flights cancellations reaching nearly 20,000 Wednesday. ... more | .. |
  Mazda in profit, cuts sales outlook on China row Mazda on Wednesday said it had returned to profitability but reduced its annual sales forecast, blaming a Tokyo-Beijing territorial spat that has sparked a boycott of many Japanese exports. ... more | .. |
 Ferrovial sells Heathrow stake to China's CIC Spanish construction group Ferrovial said Wednesday it had agreed to sell a stake in London's Heathrow airport to Chinese firm CIC International. ... more | .. |
 Bell Boeing Receives US Marine Corps Contract for V-22 Training Devices The U.S. Marine Corps has awarded a $74 million contract to the Bell Boeing V-22 Program, a strategic alliance between Boeing and Bell Helicopter - Textron, for seven Osprey ground-based trainers, w ... more |
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 Boeing Projects $820 Billion Market for 7,290 New Airplanes in North America Boeing forecasts that air carriers in North America will take delivery of 7,290 new airplanes over the next 20 years at a market value of $820 billion. Taking retirements of airplanes into account, ... more | .. |
 Nissan chief wary of China amid island row: report Nissan would think twice before making new investments in China, the firm's chief told the Financial Times, as Japan-brand auto sales dive amid a territorial row between Tokyo and Beijing. ... more | .. |
 China completes shale bidding The latest bidding round for exploration rights on 20 Chinese shale gas blocks attracted a record 83 companies, the Chinese Ministry of Land and Resources said. ... more | .. |
 New enzyme 'produces more fuel from less corn,' Danish company says Danish industrial enzymes maker Novozymes on Tuesday launched an enzyme that it said produces more ethanol from corn, addressing concern that growth in biofuels has come at the expense of food production. ... more |
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SpaceX plans 11th test of Starship later this month from South Texas
Eutelsat and Tusass Strengthen Greenland's Digital Backbone with LEO Connectivity Expansion
Patchwork planets: Piecing together the early solar system | .. |
 Air China reports 16% drop in 3Q profit Flag carrier Air China said late Tuesday that its net profit fell 16 percent in the third quarter compared to a year ago, hit by foreign exchange losses. ... more | .. |
 Youngest Boeing B-52 Stratofortress Achieves 50 Years of Service Boeing has marked 50 years since the company delivered its last B-52 Stratofortress to the U.S. Air Force. H-model bomber 61-040 was assigned to Minot Air Force Base, N.D., where it remains in activ ... more | .. |
 Obama shows support for natural gas U.S. President Barack Obama, in a plan for his second term released this week, is touting the economic benefits of natural gas in a way he never did four years ago as a candidate. ... more | .. |
 Wireless system charges electric vehicles Canadian researchers say they've developed a safe, efficient technology to wirelessly charge electric vehicles using "remote magnetic gears." ... more |
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 Oil prices drop as hurricane blasts US East Coast Oil prices dropped on Monday as refineries and oil terminals on the US East Coast shut down due to Hurricane Sandy, which bore down on the heavily industrial New Jersey coastline. ... more | .. |
Crude down in Asia as hurricane threatens US Oil prices fell in Asia Monday as US refineries cut crude production in anticipation of a plunge in energy demand as Hurricane Sandy bore down on the eastern United States, analysts said. ... more | .. |
 Scientists build 'nanobowls' to protect catalysts needed for better biofuel production It may sound like a post-season football game for very tiny players, but the "nanobowl" has nothing to do with sports and everything to do with improving the way biofuels are produced. That's the ho ... more | .. |
 Hurricane Sandy grounds 12,000 US flights More than 12,000 flights have been grounded as Hurricane Sandy thwarted travel up and down the US East Coast Monday with powerful winds and blinding rain that could linger for days. ... more |
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Russia regularly targeting UK satellites: space command boss
French navy boards Russia 'shadow fleet' ship, arrests two
Defense contractors brace for climate threats despite Trump's denials | .. |
China approves Chery-JLR joint auto venture China has approved a joint venture which will see Jaguar Land Rover (JLR) make and sell luxury cars in China in partnership with domestic company Chery Automobile, official media said Monday. ... more | .. |
 Honda slashes forecast on China territorial spat Honda Motor shares tumbled on Monday after the Japanese automaker warned that its full-year results would be much weaker than forecast, as a trade dispute between Tokyo and Beijing dents sales. ... more | .. |
 'Frankenstorm' disrupts US-bound flights from Britain Thousands of Britons planning to travel to the United States over the school holidays this week faced disruption Monday after Hurricance Sandy forced the cancellation of flights to the US east coast. ... more | .. |
 China Southern 3Q profits tumble 29 percent China Southern Airlines, the country's largest airline by fleet size, said Sunday its third quarter net profit fell 29 percent compared to a year earlier due to foreign exchange losses. ... more |
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 Bulgaria plans to acquire new fighter jets in 2014 Bulgaria will seek to acquire eight new or used fighter jets for its air force in 2014, Defence Minister Anyu Angelov said Friday. ... more | .. |
 Utah oil sands projects gets green light The United States' first commercial oil sands mining project, in Utah, has been approved. ... more | .. |
 Oil prices rise on US growth, Hurricane Sandy Oil prices closed higher Friday, lifted by better-than-expected US economic growth in the third quarter and worries about Hurricane Sandy churning toward the heavily populated US east coast. ... more | .. |
 Poland must choose between nuclear and shale gas future: utility exec Poland must choose between developing its first nuclear energy plant or pushing ahead with a programme to tap potential shale gas reserves, the head of Polish state-owned utility PGE said on Wednesday. ... more |
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