Oil and Gas News

December 12, 2012

China's accelerating overseas buys raise fears
Shanghai (AFP) Dec 12, 2012
China's biggest overseas takeover, the $15 billion purchase of Canada's Nexen, is a huge step in Beijing's push for foreign acquisitions - but its drive to secure resources and markets is causing unease. Ottawa last week approved Chinese state-owned energy giant CNOOC's purchase of the oil and gas company, despite political opposition in Canada. The victory is particularly sweet for CNOOC after it was forced to withdraw its bid for another North American firm, US oil and gas producer Unocal, se ... read more

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Israel, Iran vie for control of Red Sea The Red Sea, a key shipping route, is becoming an arena of confrontation between Israel and Iran, with Sudan and Eritrea key targets by both sides in a strategic contest that's likely to intensify in the months ahead. ... more		Texas landowner blocks Keystone pipeline building A Texas judge temporarily blocked construction on a small portion of the controversial Keystone pipeline after a landowner sought relief, but operator TransCanada said Tuesday it will have no impact. ... more		BHP offloads Australia LNG interest to PetroChina Global mining giant BHP Billiton said Wednesday it had agreed to sell its stake in the proposed Browse liquefied natural gas project in Australia to PetroChina for US$1.63 billion. ... more
				Danish PM refuses to block Greenland mining law Denmark's prime minister rejected Tuesday calls to block a Greenland law that will allow foreign mining companies to employ workers under conditions prevalent in their own countries. ... more		Philippines gives green-light to electric tricycles The Philippines is to roll out 100,000 electric tricycles in an effort to replace the petrol-powered ones that currently ply its cities, one of the project's financiers said Tuesday. ... more

CubeSats, SmallSats and MicroSats

Ukraine Crushed in $1.1bn Fake Gas Deal Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark Ukraine-Spain gas deal that would have loosened Russia's gas ... more		Japan pedal power aims for human flight record A team in Japan are hoping pedal-power will beat the world record for a human-propelled plane - in a flying machine made from polystyrene, they said Monday. ... more		The first animals on Earth may have been sea sponges, study suggests Wildfire-induced thunderstorms recreated in Earth system models for first time Fengyun satellite strengthens China global weather forecasting capacity		CNOOC-Nexen deal the last for Canada? Canada has signaled it is putting the brakes on foreign state-owned companies investing in Canadian oil sands, following the government's approval of China National Offshore Oil Corp.'s $15 billion takeover bid of Canadian energy company Nexen. ... more
				Apple Maps glitch could be deadly: Australian police Australian police Monday warned motorists about using Apple Maps on the iPhone's latest operating system after rescuing several people left stranded in the wilderness, saying the errors could prove deadly. ... more		Japanese car sales in China rocket 72% in November Japanese passenger car sales in China soared 72.2 percent in November, an industry group said Monday, after demand slumped in a furious territorial row between the world's second- and third-biggest economies. ... more

Solar systems for home and business

CubeSats, SmallSats and MicroSats

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Oil market gains on China data World oil prices rose on Monday as traders digested a raft of upbeat economic data in top energy consumer China, ahead of an OPEC oil output meeting later in the week, dealers said. ... more		Romania gas, gold referendums scrapped after low turnout Romania's electoral office announced on Monday that two regional referendums on gold mine and shale gas projects were invalidated a day after too few people turned out to vote. ... more		Maintaining US space dominance requires rapid and reliable delivery of new systems Germany pledges EUR35 bn for space defence against Russia, China Blackbaud Reviews: Key Insights To Consider Before Choosing an LMS		China's CNOOC say Nexen staff will benefit from takeover A Beijing-based energy giant which will take over a Canadian firm in what is reportedly China's biggest-ever foreign investment has said local employees will benefit from the deal. ... more
				Arab states rush to join the shale boom Jordan is pressing ahead with plans to develop its massive shale oil deposits, joining a growing push by Arab states to unlock shale reserves because conventional deposits are being squeezed to cope with burgeoning populations and industrialization. ... more		Four Chinese ships in disputed waters: Japan Four Chinese government ships sailed into the territorial waters of disputed islands controlled by Tokyo in the East China Sea on Friday, Japan's coastguard said. ... more

Renewables Provide 46 percent All New US Electrical Generating Capacity in 2012

OpenADR Continues to Move the Smart Grid Forward

California's Energy Future: Buildings and Industrial Efficiency

Danish PM refuses to block Greenland mining law

Israel, Iran vie for control of Red Sea

Texas landowner blocks Keystone pipeline building

Plastic packaging industry is moving towards completely bio-based products

Gases from Grasses

Garbage bug may help lower the cost of biofuel

The ATMEA1 reactor introduced to the Brazilian market

Japan may scrap nuclear plant over seismic fault

Swedish nuclear reactor stopped over safety concerns

	Canada approves two energy takeovers worth $20 bn Canada on Friday approved two major takeovers of energy firms by the Chinese state-owned giant CNOOC and Malaysia's national oil company Petronas - deals worth an estimated more than US$20 billion in total. ... more		Vietnam breaks up anti-China rally, arrests protesters Vietnam broke up an anti-China rallies in its two main cities and arrested around 20 people Sunday, activists told AFP, in the latest protests against Beijing as tensions flare over the South China Sea. ... more		US extends exemptions for Asian powers to Iran oil sanctions The United States on Friday extended exemptions from sanctions designed to choke Iran's oil exports to nine major economic powers, including China, Taiwan, India and South Korea. ... more		Chinese in talks to buy aircraft leaser ILFC US government-controlled insurance group AIG said Friday it was in talks to sell a majority stake in International Lease Finance Corporation (ILFC) to a consortium of Chinese companies. ... more

Denmark closes airspace to civilian drones amid rise in sightings

Top diplomats of North Korea, China agree to oppose 'hegemonism'

What is the high seas treaty?

Work on automatic control of driverless vehicles through intersections receives recognition		Australia retires H-variant C-130 Hercules		F-35 Lightning II Program Surpasses 5,000 Flight Hours		Saudis seek oil in Red Sea 'safe zone'		GM says China car sales on track for record 2012
China demands Vietnam stop oil probe		Gases from Grasses		Plastic packaging industry is moving towards completely bio-based products		Synthetic fuels could eliminate entire U.S. need for crude oil, create 'new economy'		China grabs Mideast oil as U.S. power dips

Numerical study suggests subsea injection of chemicals didn't prevent oil from rising to sea surface

Gazprom's LNG tanker pioneers Arctic crossing

DNA Analysis of Microbes in a Fracking Site Yields Surprises

China Southern to buy 10 A330-300 aircraft

Four injured in China fighter jet crash: reports

Vietnam in sabotage claim against Chinese boats

Iraq oil exports steady in November

Eco campaigners bash Germany's gas-guzzling cars

Chinese ship enters disputed waters: Japan

Garbage bug may help lower the cost of biofuel

Ecuador's Yasuni dilemma: a reserve full of life, and oil

Volvo eyes 'no-death' goal in its new cars by 2020

China opposes US bill on island dispute

Report decries Big Oil's 'oily grasp' on Canada

Russia demands answers after 190 km traffic jam

Gulf of Mexico Clean-Up Makes 2010 Spill 52-Times More Toxic

Canada seeks access to new oil markets

Britain denies report of big shale plans

Baghdad-Kurdistan talks stall over military command

Sri Lanka to buy Iraqi oil after US sanctions on Iran

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