Oil and Gas News

March 26, 2013

Peach genome offers insights into breeding strategies for biofuels crops
Washington DC (SPX) Mar 26, 2013
Rapidly growing trees like poplars and willows are candidate "biofuel crops" from which it is expected that cellulosic ethanol and higher energy content fuels can be efficiently extracted. Domesticating these as crops requires a deep understanding of the physiology and genetics of trees, and scientists are turning to long-domesticated fruit trees for hints. The relationship between a peach and a poplar may not be obvious at first glance, but to botanists both trees are part of the rosid superfamil ... read more

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India prepares for shale gas auction India is preparing to launch its first auction of shale natural gas blocks, a government official said. ... more		China car maker BYD reports profit plunge Chinese electric car producer BYD, which is partly backed by US investment titan Warren Buffett, said its net profit plunged more than 94 percent year-on-year in 2012, hit by slowing growth in the country. ... more		China's Sinopec says net profit down 12.8% for 2012 Chinese oil giant Sinopec's annual net profit for 2012 fell 12.8 year-on-year, the firm said, with high crude-oil costs and a slowdown in the global and Chinese economy weighing on its bottom line. ... more
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Lebanon's rifts threaten Med gas bonanza As Lebanon makes its first moves to explore what look like major natural gas fields in the Mediterranean, there are concerns the country's unexpected chance for economic salvation could be wrecked by sectarian rivalries and endemic corruption. ... more		Venezuela tries economic fix before polls Venezuelan Acting President Nicolas Maduro introduced economic reforms, including a second devaluation in less than two months, as part of the caretaker government's effort to shore up the economy before presidential elections April 14. ... 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		Northrop Grumman Delivers 100th Center Fuselage for F-35 Lightning II Northrop Grumman has marked the delivery of its 100th F-35 Lightning II center fuselage to Lockheed Martin during a ceremony at its manufacturing center on March 8. "The F-35 team should be very pro ... more
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