Oil and Gas News

March 15, 2013

Volkswagen eyes Chinese growth after record profits
Wolfsburg, Germany (AFP) March 14, 2013
Volkswagen, Europe's biggest carmaker, said Thursday that it planned to open seven more factories in China, as it confirmed record net profits for 2012 and voiced optimism for next year. "In the coming years, we will build at least 10 new factories, seven of those in China alone," VW chief executive Martin Winterkorn told reporters as the firm released its annual earnings statement. From 2016, VW expects to churn out up to 300,000 vehicles per year in these Chinese factories, taking advantage of ... read more

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ENI sells Mozambique stake to CNPC for $4.21bn Italian energy group Eni said Thursday it has sold a 20 percent stake in an offshore energy field known as Area 4 in Mozambique to China's state-owned giant CNPC for $4.21 billion. ... more		Pope may be dragged into Falklands dispute Pope Francis, acclaimed worldwide as a powerful new champion for the world's poor, risks becoming embroiled in Argentina's increasingly strident rhetoric of a sovereignty claim on the British Overseas Territory of the Falkland Islands. ... more		Vietnam anti-China activists mark island battle Activists in Hanoi chanted anti-China slogans and laid flowers Thursday at a protest marking the anniversary of a battle over the contested Spratly Islands in which 64 Vietnamese soldiers died. ... more
				Americans still use phones while driving: survey More than two-thirds of American motorists use a mobile phone while driving despite recent laws in many jurisdictions banning the practice, a survey showed Thursday. ... more		Oilmen see security problems in Africa International oil company chiefs gathered at a recent energy conference in Algiers hailed the protection Algeria's security forces provide the country's vital energy facilities, despite the January attack at a natural gas complex. ... more

CubeSats, SmallSats and MicroSats

Answering messages behind the wheel is as dangerous as being twice over the limit Scientists from various Australian universities in collaboration with the University of Barcelona have compared the effects of mobile use while driving with the effects of alcohol using a simulation ... more		Iran pipeline to Pakistan tests U.S. stand The launch of a controversial $7.5 billion natural gas pipeline from Iran to energy-starved Pakistan, despite U.S. efforts to torpedo the project, could have a significant geopolitical effect in Asia and put U.S. policy to the test. ... 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		Boeing, KLM Demonstrate New Technologies to Optimize Flight Boeing and KLM Royal Dutch Airlines have begun a series of commercial flights that will demonstrate how several advanced technologies, fuels and concepts can significantly improve operational effici ... more
				China plans to survey disputed islands: state media Beijing plans to send a survey team to land on small East China Sea islands at the centre of a bitter territorial dispute with Japan, state media reported Tuesday, in what would be a major escalation of the row. ... more		Oil prices slip as China concerns eclipse US optimism Global oil prices drifted lower on Tuesday, as Chinese economic worries overshadowed last week's upbeat US non-farm payrolls data, dealers said. ... more

Solar systems for home and business installations

CubeSats, SmallSats and MicroSats

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Japan extracts 'fire ice' gas from seabed Japan said Tuesday it had successfully extracted methane hydrate, known as "fire ice", from its seabed, possibly unlocking many years' worth of gas for the resource-starved country. ... more		Japan auto giants to give workers a bonus boost Japan's top automakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their bottom line while Tokyo presses firms to hike staff pay to lift the economy. ... 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		Biobatteries catch breath An air-breathing bio-battery has been constructed by researchers from the Institute of Physical Chemistry of the Polish Academy of Sciences in Warsaw. The core element providing the new power source ... more
				Cathay Pacific says 2012 net profit slumps 83.3% Cathay Pacific said Wednesday that 2012 net profit plunged 83.3 percent, as the Hong Kong flag carrier was hit by persistently high fuel prices and the eurozone financial crisis. ... more		Upgraded early warning aircraft arrive in Taiwan Taiwan has received its final two upgraded early warning aircraft from the United States, a move expected to bolster the island's air defence against rival China, the air force said Sunday. ... more

The household carbon emission per capita in Northwestern China is only 2.05 tons CO2 per year

Court battle looms over Chile power plant

California Ranked First in the US for Green Jobs Last Year

Biobatteries catch breath

Paraffin encapsulated in beach sand material as a new way to store heat from the sun

ENI sells Mozambique stake to CNPC for $4.21bn

Biobatteries catch breath

Biodiesel algae: Starvation diets damage health

Using photosynthesis to make chemical compounds

Nuclear group Areva insists public trusts sector

Budget cuts could hamper nuclear cleanup

Anti-nuclear rally in Tokyo ahead of tsunami anniversary

	Beechcraft fights defense Embraer contract Beechcraft Corp. is protesting a light air support aircraft contract given to Embraer of Brazil and the Sierra Nevada Corp. by the U.S. Air Force. ... more		Electric cars back into the shadows at Geneva car show After being the starring act for several years, the electric car backed into the shadows at this year's International Geneva Motor Show as carmakers grow weary of waiting for sales to take off. ... more		China auto sales rise in Jan-Feb: industry group Auto sales in China, the world's top car market, rose in the first two months of the year, an industry group said Monday, indicating strong demand as the country's economy gradually recovers. ... more		Study Shows How One Insect Got Its Wings Scientists have delved deeper into the evolutionary history of the fruit fly than ever before to reveal the genetic activity that led to the development of wings - a key to the insect's ability to s ... 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?

Biodiesel algae: Starvation diets damage health		Britain, Italy, Greece say hostages killed in Nigeria		Venezuela, China vow deeper ties after Chavez death		Oettinger: EU wants Norway natural gas		Russia muscles in on East Med gas boom
Using photosynthesis to make chemical compounds		Second F-35 For The Netherlands Rolls Out Of F-35 Production Facility		Duckweed as a cost-competitive raw material for biofuel production		UC San Diego Biologists Produce Rainbow-Colored Algae		Brazil sugarcane farms could impact local climate

Peak Oil Is Almost Here and There's No Magic To Counter It

World leaders at Chavez funeral: Who's Who of US foes

Drive across U.S. to use no gasoline

Trouble brews for Iran-Pakistan pipeline

Bulgaria abandons Russia-Greece oil pipeline project

Toyota shake-up signals new direction: analysts

Iraq parliament approves $119.1 billion budget

Biomass Analysis Tool Is Faster, More Precise

Biofuel crops could affect Brazil climate

Sometimes, the rubber meets the road when you don't want it to

Canada unsure what will replace Hornets

World car sales should grow 3% this year

Venezuela faces new era after death of Chavez

World allies mourn Chavez, US urges improved ties

China's Qoros takes European path to sell cars at home

CNOOC defends Nexen acquisition

MSU and PHYCO2 Collaborate on Algae Growth Demonstration Project

NASA Begins Flight Research Campaign Using Alternate Jet Fuel

Sikorsky, Boeing Propose X2 Technology Helicopter Design for US Army's JMR FVL

Russia's Rusal posts $55 mn net loss in 2012

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