Oil and Gas News

November 19, 2012

Arabs should use oil weapon against Israel: Iraq
Cairo (AFP) Nov 16, 2012
An Iraqi official said on Friday Baghdad will recommend that Arab states use oil as a weapon to exert pressure on Israel and countries that back it, particularly the United States, over the Gaza crisis. "Playing the economic card is our most powerful weapon at the moment in supporting the Palestinian people, for no military power can currently stand up to Israel," Iraq's permanent Arab League representative Qais al-Azzawi said. He told reporters in the Egyptian capital, where the League has its ... read more

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Oil sands to be economic driver for Canada Canada's oil sands will drive the country's economic engine for the next 25 to 30 years, a new report says. ... more		14,000 Jobs Possible from Military Biofuels Initiative The military's biofuels initiatives could do more than just power jet planes, aircraft carriers and armored vehicles - they could also help power the economy, according to a new report from Environm ... more		Romania to hold referendums on shale gas, gold mining Residents in two Romanian regions will vote next month in referendums on gold mine and shale gas projects as the government ponders whether to approve the plans. ... more
				BP to pay record $4.5 bn fine over US oil spill BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers. ... more		Study: Coal seam gas field leaking methane Australia's largest coal seam gas field has been leaking large amounts of methane, a new report says. ... more

Brazil airline opts for Rockwell Collins Latin America's largest low-cost airline GOL has opted for Rockwell Collins' advanced avionics for its brand-new fleet of 20 Boeing 737NG aircraft. ... more		More research on arctic oil spills urged More research is needed to prepare for prevention and cleanup of oil spills in ice-covered waters surrounding Alaska and Canada, a U.S. federal commission says. ... 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		China firm to invest $1.6 billion in plane engine A state firm will invest an initial 10 billion yuan ($1.6 billion) to develop China's own aircraft engine as it seeks to catch up with other countries, official media said Thursday. ... more
				China to cut fuel prices for first time in four months China will cut state-set fuel prices for the first time since July, the government said Thursday, further easing inflationary pressure. ... more		Airbus, EADS and ENN make a push for new generation aviation fuels Airbus, EADS Innovation Works and ENN, one of the world's leading Bio-Energy companies based in China, have signed a Memorandum of Understanding at the China International Air Show in Zhuhai. The pa ... more

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Chevron's Gorgon project to cost more? Chevron's massive Gorgon liquefied natural gas project in Australia faces a cost blowout. ... more		Airbus wins Chinese corporate jet order Airbus said Wednesday it had won an order from a Chinese customer for a corporate jet as the European plane maker seeks to make greater inroads into the country's young market. ... more		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		New blow as Toyota recalls 2.77 mn vehicles globally Toyota on Wednesday announced a global recall of 2.77 million vehicles over water pump or steering problems, in the latest blow to the firm's reputation after a spate of earlier call backs. ... more
				China needs 4,960 planes by 2031: state media China will need 4,960 commercial planes over the next 20 years, representing a value of $563 billion, the official Xinhua news agency said Tuesday, as air travel demand is expected to increase. ... more		Lockheed Martin Continues To Deliver CBP P-3's Ahead Of Schedule Lockheed Martin delivered the U.S. Customs and Border Protection's sixth Mid-Life Upgraded P-3 Orion on Friday, Nov. 9, about 40 days ahead of schedule. This upgrade was completed in 11 months. ... more

EC seeks to 'backload' emission allowances

US power grid vulnerable to terrorist attack: study

High Risk Investing - The New Trend in Energy

Romania to hold referendums on shale gas, gold mining

Researchers have made the production of batteries cheaper and safer

Near coal plants, health issues for poor

14,000 Jobs Possible from Military Biofuels Initiative

Airbus, EADS and ENN make a push for new generation aviation fuels

A Better Route to Xylan

Uranium exposure linked to increased lupus rate

Calif. rejects seismic test at nuke plant

Westinghouse and Siempelkamp Offer Hydrogen Control Technology

	Prestige skipper blames Spain at oil disaster trial Ten years after one of Europe's worst oil disasters, the captain of the Prestige tanker blamed Spain for sending his vessel away from the coast and into the stormy Atlantic. ... more		The end of the cheap hydrocarbons era Addressing the recent summit of the Europe-Asia forum, Russia's Prime Minister Dmitry Medvedev said that energy markets were facing new challenges to their stability. Among these challenges experts ... more		New Jersey ends gasoline rationing Rationing ended Tuesday for New Jersey drivers seeking to buy gasoline, as shortages caused by superstorm Sandy finally receded. ... more		Expert's report on economic and environmental advantages of High Capacity Vehicles AWARD-winning research by a transport and logistics expert at the University of Huddersfield has shown that there would be economic and environmental benefits to individual companies and the country ... more

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

A Better Route to Xylan		Warning issued on 'experimental' fracking		Eglin Completes 500th F-35 Sortie		F-35 Stopover in Marietta		NGC Signs Danish Composite Manufacturer For F-35 Lightning II Program
EU freezes controversial aviation carbon tax		Canada's push for dirty tar sands oil is out of step		NASA Investigates the 'FaINT' Side of Sonic Booms		Northrop Grumman to Provide Attitude Heading Reference System for Israel's M-346 Trainer Aircraft		Veolia to pursue activities in shale gas sector: report

Japan car sales in China fall 59.4% in October: group

Algeria to exploit controversial shale gas

Exxon subsidiary detects Nigeria offshore oil spill

Iraq: Exxon pulls out, Russia wants in

Italian aerospace giant Finmeccanica reports Q3 profit

Japan to make F35 parts under relaxed arms ban

Iraq needs $1 trillion to rebuild: investment head

More Bang for the Biofuel Buck

Boeing's Indian deal may take six months: officials

Boeing to clinch $2.4 billion Indian deal: report

Boeing Delivers Fifth Production P-8A Poseidon Aircraft to US Navy

Australia's Chief of Air Force Visits Northrop Grumman's F-35 Production Facility in Palmdale

Japan auto giants warn on China dispute, strong yen

Gunmen kill two Chinese workers in Nigeria: company

Iraq expels Turkish firm from oil exploration deal

Green cars ready to race in 2nd Atacama solar challenge

First solely-biofuel jet flight raises clean travel hopes

Fuel economy in U.S. autos hits new high

Iraq inks oil exploration deal with Lukoil and Inpex

Strategic oil needed if Iran shuts Hormuz

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