Oil and Gas News

December 28, 2012

Taiwan plans oil, gas exploration in South China Sea
Taipei (AFP) Dec 28, 2012
Taiwan plans to start exploring for oil and gas in the South China Sea from next year, an official and local media said Friday, in a development that could increase tensions in the contested waters. The Bureau of Mines and state-run oil supplier CPC Corp are expected to kick off exploration in 2013 in the sea around Taiping, the biggest islet in the Spratly archipelago, the United Daily News website and other media reported. Jerry Ou, head of the Bureau of Energy, announced the plan Thursday in ... read more

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China backs Cambodia's first oil refinery Cambodia on Friday gave the green light to construction of its first oil refinery, a multi-billion-dollar Chinese-backed project, as the kingdom looks to tap its untouched offshore reserves. ... more		Toyota in $1.1 bn deal with US owners over recalls Toyota said it had agreed to pay about $1.1 billion to settle a class action lawsuit launched by US vehicle owners affected by a series of mass recalls from the Japanese automaker. ... more		NASA Is With You When You Fly Traveling by air this holiday season, or any time of year? If so then you'll be in the company of millions who are directly benefiting from the ongoing research performed by NASA's aeronautical inno ... more
				Minister says Turkey will keep buying gas from Iran Turkey will keep buying natural gas from neighbouring Iran as Western allies raise pressure over Tehran's disputed nuclear programme, Energy Minister Taner Yildiz said on Wednesday. ... more		Iraqi Kurdistan oil exports slashed in payment row Oil exports from Iraq's autonomous Kurdistan region via the federal government have been slashed in the latest chapter of a long-running payments row, a spokesman said on Wednesday. ... more

CubeSats, SmallSats and MicroSats

Toyota reaches $1.1 bn deal with US owners over recalls Toyota has agreed to pay about $1.1 billion to settle a class action lawsuit launched by US vehicle owners affected by a series of mass recalls, the Japanese automaker said Wednesday. ... more		Boosting Galactan Sugars Could Boost Biofuel Production Galactan is a polymer of galactose, a six-carbon sugar that can be readily fermented by yeast into ethanol and is a target of interest for researchers in advanced biofuels produced from cellulosic b ... 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		Russia unveils $25 bn oil link to Pacific Russian President Vladimir Putin on Tuesday unveiled the final extension of a new $25 billion oil pipeline to the Pacific that underscores the energy power's gradual shift away from stagnant European markets. ... more
				Iran begins naval war games: reports Iran on Tuesday launched naval manoeuvres in the Gulf, and announced plans for another exercise in the strategic Strait of Hormuz later this week, media reports said. ... more		Sudan jails 4 for life for killing Chinese: media Four Sudanese have been sentenced to life in prison for killing a Chinese worker in oil-producing South Kordofan, state-linked media reported on Monday. ... more

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CubeSats, SmallSats and MicroSats

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Quest to Find New Uses for Abundant Natural Gas Little more than a decade ago, the United States imported much of its natural gas. Today, the nation is tapping into its own natural gas reserves and producing enough to support most of its current ... more		Iran warns of cancelling $5 bn China gas deal: media Iran has warned China it could cancel a much-delayed $5-billion offshore gas exploration contract in the Gulf, a news agency said on Monday. ... 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		Iraq agrees to extend oil pipeline through Jordan Iraq and Jordan agreed on Monday to extend an oil pipeline to the Red Sea city of Aqaba for the export of Iraqi crude, Prime Minister Nuri al-Maliki said after a fleeting visit to Amman. ... more
				ChargePoint and DBT USA to Showcase Joint Electric Vehicle Charging Station Innovation ChargePoint and DBT USA will showcase a joint EV charging station innovation at the 2013 International Consumer Electronics Show. With more than 10,000 charging stations installed in 32 countr ... more		Red racer Ferrari joins green revolution Italy's red racing giant Ferrari wants to go green, cutting emissions without sacrificing horsepower and working on a new hybrid model set to thrill pro-environment speed junkies. ... more

French power company head target of financial probe: source

Definition of sustainable organic biogas reached

Indian washermen spin out decades-old tradition

Russia unveils $25 bn oil link to Pacific

Quest to Find New Uses for Abundant Natural Gas

Iran warns of cancelling $5 bn China gas deal: media

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Discovery May Pave Way to Genetically Enhanced Biofuel Crops

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

Toshiba to sell 16 percent stake in Westinghouse: report

Japan's new govt to review zero-nuclear policy

Asian bids 'closer' to winning Turkey nuclear plant project

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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?

Taiwan's China Airlines to buy six Boeing planes		Keystone XL: Welcome to the Proxy Energy War		Bird strike prevention radar system takes off		Judge clears BP's $7.8 bn settlement in US oil spill		Exxon extends Africa's energy enterprise
Israel's air force gets ready for a blitz against missile foes		BP says sells stake in China gas field to Kuwait		YPF seeks $37B cash for shale development		Mexico to Privatize State Oil Company Pemex?		Will Regulators Damn Keystone XL?

ASEAN wants India's help in China disputes

BAE says Saudi jet deal facing unresolved 'issues'

Embraer, Astronics collaborate on KC-390

Upgraded MiG-29s supplied to India

Bulgaria to modernise air force

Future of PNG deep sea mining uncertain

BLM Onshore Oil and Gas Lease Sales Garnered Millions for Taxpayers in 2012

U.S. sued over offshore oil lease plan

New Factor could Limit the Life of Hybrid and Electric Car Batteries

Nanofibers clean sulfur from fuel

How to get fossil fuels from ice cream and soap

Iraqi air force receives US transport planes

Volvo Cars says avoiding loss this year 'very difficult'

Taiwan's China Airlines to lease four Boeing planes

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

Trio Merger Corp. and SAE agree to merge

Turkey, Iraq Kurds near explosive oil deal

Iran oil revenues halved by sanctions: minister

Chevron to pay $155 million for Brazil oil spill

China makes U.N. appeal for maritime claim

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