24/7 Oil and Gas News Coverage
December 19, 2012
ENERGY TECH
BLM Onshore Oil and Gas Lease Sales Garnered Millions for Taxpayers in 2012
Washington DC (SPX) Dec 19, 2012
As part of President Obama's all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar has announced that onshore oil and gas lease sales conducted by the Bureau of Land Management (BLM) in 2012 generated $233 million for American taxpayers. In 2013, the BLM will hold 33 lease sales around the country. Since President Obama took office, domestic oil and gas production has grown each year, with domestic oil producti ... read more
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CAR TECH

Volvo Cars says avoiding loss this year 'very difficult'
The chief executive of Volvo Cars, which is owned by Chinese auto maker Geely, told a newspaper on Tuesday that it would be "very difficult" for the company to avoid making a loss this year and the next. ... more
AEROSPACE

Taiwan's China Airlines to lease four Boeing planes
Taiwan's leading carrier China Airlines said Tuesday it will lease four Boeing 777-300ERs as it seeks to build a more fuel-efficient fleet and lower the cost of its long-haul flights. ... more
ENERGY TECH

Oil prices gain on US budget hopes, as coal set to dominate
Oil prices rallied on Tuesday as hopes grew of a US deal to avert a "fiscal cliff" of tax hikes and spending cuts in the United States - the world's biggest consumer of crude - analysts said. ... more
OILGASDAILY


CAR TECH

New Factor could Limit the Life of Hybrid and Electric Car Batteries
A new study of the batteries commonly used in hybrid and electric-only cars has revealed an unexpected factor that could limit the performance of batteries currently on the road. Researchers l ... more


ENERGY TECH

Nanofibers clean sulfur from fuel
Sulfur compounds in petroleum fuels have met their nano-structured match. University of Illinois researchers developed mats of metal oxide nanofibers that scrub sulfur from petroleum-based fuels muc ... more
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ENERGY TECH

How to get fossil fuels from ice cream and soap
Writing in PNAS, the researchers have shown that the emerging field of synthetic biology can be used to manipulate hydrocarbon chemicals, found in soaps and shampoos, in cells. This developmen ... more
AEROSPACE

Iraqi air force receives US transport planes
Iraq received three transport aircraft on Monday and is slated to take delivery of three more soon, the US embassy said. ... more
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ENERGY TECH

Iran oil revenues halved by sanctions: minister
Iran is losing half of its oil revenues because of international sanctions imposed over its disputed nuclear programme, Economy Minister Shamseddin Hosseini said in remarks quoted by media on Monday. ... more
ENERGY TECH

China makes U.N. appeal for maritime claim
China has submitted to the United Nations what it calls geological evidence that would mean disputed islands in the East China Sea close are Chinese territory. ... more
ENERGY TECH

Incoming Japan PM pledges no compromise on islands
Japan's premier-in-waiting Shinzo Abe came out fighting Monday after his sweeping election victory, saying there can be no compromise on the sovereignty of islands at the centre of a dispute with China. ... more
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BIO FUEL

NC State Study Offers Insight Into Converting Wood to Bio-Oil
New research from North Carolina State University provides molecular-level insights into how cellulose - the most common organic compound on Earth and the main structural component of plant cell wal ... more
AEROSPACE

Brazil fighter deal seen to favor Boeing
Brazil's long-delayed FX-2 fighter competition isn't over yet but Boeing's F/A-18 Super Hornet is winning friends in the Brazilian air force, news reports said. ... more
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CAR TECH

Chinese firm to build electric cars in Bulgaria: report
A Chinese automaker backed by billionaire US investor Warren Buffett has signed an agreement with energy giant Bulmineral to build an electric bus and car factory in Bulgaria, a report said Wednesday. ... more
ENERGY TECH

BHP Billiton sells stake in Australian LNG
Mining giant BHP Billiton said it would sell its interest in the Browse natural gas project offshore Western Australia to Chinese state-run oil producer PetroChina for $1.63 billion. ... more
ENERGY TECH

China's accelerating overseas buys raise fears
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. ... more
ENERGY TECH
EU puts 1.2 bn euros into pilot renewable energy projects

Insurance Industry Paying Increasing Attention to Climate Change

Renewable energy share for European Union in 2011: estimated at 13.4 percent


ENERGY TECH
Australia unveils carbon capture plant

Iran oil revenues halved by sanctions: minister

Oil prices gain on US budget hopes, as coal set to dominate


ENERGY TECH
NC State Study Offers Insight Into Converting Wood to Bio-Oil

Can Algae-Derived Oils Support Large-Scale, Low-Cost Biofuels Production?

Plastic packaging industry is moving towards completely bio-based products


ENERGY TECH
Japanese party victory a boost for nuclear

British regulators OK nuke reactor design

Japan to host nuclear safety conference in Fukushima

ENERGY TECH

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
ENERGY TECH

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
ENERGY TECH

Trio Merger Corp. and SAE agree to merge
Trio Merger Corp. and SAExploration have agreed to merge as part of a strategy to expand SAE's seismic data acquisition business worldwide. ... more
ENERGY TECH

Turkey, Iraq Kurds near explosive oil deal
Turkey and Iraq's independence-minded Kurds are reported to be close to a potentially explosive deal on major investment by Ankara in the burgeoning energy industry of the semiautonomous Kurdish enclave on Turkey's southern border. ... more
Military Space News, Nuclear Weapons, Missile Defense
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?
ENERGY TECH

Chevron to pay $155 million for Brazil oil spill

ENERGY TECH

Algeria pushes $80 billion energy drive

ENERGY TECH

Chavez health raises succession worries

AEROSPACE

Commando II Takes To Sky

ENERGY TECH

BHP offloads Australia LNG interest to PetroChina

ENERGY TECH

Encana sells stake in oil field to PetroChina subsidiary

BIO FUEL

Can Algae-Derived Oils Support Large-Scale, Low-Cost Biofuels Production?

CAR TECH

Ultrasound can now monitor the health of your car engine

ENERGY TECH

Britain lifts gas 'fracking' ban despite tremors

ENERGY TECH

Block on Keystone pipeline lifted in Texas

New system for aircraft forecasts potential storm hazards over oceans

Canada widens search for fighter jet beyond F-35

Rockwell Collins wins Navy E-6b upgrade

Danish PM refuses to block Greenland mining law

Philippines gives green-light to electric tricycles

CNOOC-Nexen deal the last for Canada?

Apple Maps glitch could be deadly: Australian police

Ukraine Crushed in $1.1bn Fake Gas Deal

Japanese car sales in China rocket 72% in November

Oil market gains on China data

Canada reconsidering F-35 fighter purchase: reports

Swiss to get Swedish jets cheaper than Swedes: report

US agency chief seeks to ease airplane electronics ban

Japan pedal power aims for human flight record

Romania gas, gold referendums scrapped after low turnout

China's CNOOC say Nexen staff will benefit from takeover

Arab states rush to join the shale boom

Four Chinese ships in disputed waters: Japan

Canada approves two energy takeovers worth $20 bn

Vietnam breaks up anti-China rally, arrests protesters

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