Oil and Gas News

January 18, 2013

Marginal lands are prime fuel source for alternative energy
Lansing MI (SPX) Jan 18, 2013
Marginal lands - those unsuited for food crops - can serve as prime real estate for meeting the nation's alternative energy production goals. In the current issue of Nature, a team of researchers led by Michigan State University shows that marginal lands represent a huge untapped resource to grow mixed species cellulosic biomass, plants grown specifically for fuel production, which could annually produce up to 5.5 billion gallons of ethanol in the Midwest alone. "Understanding the environmental im ... read more

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Philippine group says China firm vital for gas project A Philippine consortium insisted Thursday a gas project in the disputed South China Sea could only work with the involvement of a Chinese firm, otherwise Beijing could make things difficult. ... more		Nigeria grapples with growing oil theft Nigerian authorities have charged 23 people after the navy seized two ships carrying stolen crude oil in a major crackdown on an illegal trade in which officials say 180,000 barrels are stolen every day. ... more		S. Korea sets $694 mln payout for 2007 oil spill A South Korean court has ordered a $694-million compensation payout to victims of the country's worst oil spill, which fouled miles of coastland in 2007, decimating local fishing and tourism industries. ... more
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