Oil and Gas News

March 28, 2013

Making fuel from CO2 in the atmosphere
Athens GA (SPX) Mar 28, 2013
Excess carbon dioxide in the Earth's atmosphere created by the widespread burning of fossil fuels is the major driving force of global climate change, and researchers the world over are looking for new ways to generate power that leaves a smaller carbon footprint. Now, researchers at the University of Georgia have found a way to transform the carbon dioxide trapped in the atmosphere into useful industrial products. Their discovery may soon lead to the creation of biofuels made directly from the ca ... read more

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As Cyprus Collapses, It's a Race to the Mediterranean Gas Finish Line Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings depos ... more		5.7 quake tied to wastewater injection Columbia University researchers say a 5.7 magnitude quake in Oklahoma in 2011 may be the largest ever linked to the injection of wastewater into the ground. ... more		Greenhouse gas may be fuel source Excess carbon dioxide in Earth's atmosphere, the major driving force of global climate change, could someday be a fuel source, a U.S. biotechnologist says. ... more
				Japan venture to bring electric tuk-tuks to Asia A Japanese company is hoping to win a big slice of Asia's tuk-tuk market, it said Wednesday, betting battery-operated buggies could cut burgeoning city pollution. ... more		Outside View: Future of Levantine Basin I had the privilege recently of lecturing an elite group of young Lebanese journalists from most of the city's top publications for a seminar on "Covering the Oil & Gas Sector." ... more

CubeSats, SmallSats and MicroSats

Two Chinese airlines record falls in 2012 profits Higher fuel costs and weak demand for air travel caused a slump in the net profits of two of China's biggest airlines last year, according to annual reports released on Tuesday. ... more		Peach genome offers insights into breeding strategies for biofuels crops 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. Domestica ... 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		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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CubeSats, SmallSats and MicroSats

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Iraq to auction gas exploration blocks: ministry Iraq plans to hold an auction of gas exploration blocks open to international energy companies later this year, the fifth of its kind since 2009, a spokesman said on Sunday. ... more		Signalhorn Expands in Oman for Oil and Gas Customer Signalhorn Group of Companies has been awarded seven new locations in Oman requiring robust communications solutions. Signalhorn has successfully transitioned a global oil and gas drilling ope ... 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		Aerospace industry adapts to global marketplace The aerospace industry is a key sector of the Canadian economy. With sales of over $22.4 billion in 2011, Canada ranks fourth globally in aerospace production. Nearly half of that revenue was genera ... more
				Greenhouse gas emissions of cars could drop 80 percent by 2050 A new National Research Council report finds that by the year 2050, the U.S. may be able to reduce petroleum consumption and greenhouse gas emissions by 80 percent for light-duty vehicles - cars and ... more		Natural gas considered for trucking fuel Amid the nation's shale gas boom, natural gas is being considered as an alternative to diesel to fuel heavy trucks. ... more

Philippine clean energy tariffs to start next year: govt

IMF urges countries to cut energy subsidies

Philippines turns trash into clean energy windfall

Hybrid ribbons a gift for powerful batteries

China's Sinopec says net profit down 12.8% for 2012

5.7 quake tied to wastewater injection

Making fuel from CO2 in the atmosphere

Peach genome offers insights into breeding strategies for biofuels crops

Microalgae could be a profitable source of biodiesel

AREVA and EDF bring together Saudi industry to support energy projects

Temelin, a Czech village overshadowed by disputed nuclear plant

British bad weather kills one, closes nuclear site

	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		Iran faces oil losses as Asian buyers balk Sanctions-battered Iran faces losing a big part of its oil export revenues as key Asian trading partners cut back on Iranian imports because of escalating U.S. and European pressure. ... more		Shale gas in line for Britain tax breaks Shale gas would get "generous" tax breaks under the government budget proposal unveiled this week by British Chancellor of the Exchequer George Osborne. ... 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?

Northrop Grumman Delivers 100th Center Fuselage for F-35 Lightning II		EU puts airline carbon tax on hold for a year		Transportation Study Reveals Deep Cuts to Petroleum Use and Carbon Emissions		Oil prices mixed in Asia, China manufacturing picks up		PetroChina says 2012 net profit falls 13%
Microalgae could be a profitable source of biodiesel		Alloy developed at Sandia has potential for electronics in wells		First Lockheed Martin F-35As Report to Nellis AFB for Operational Testing		DNV KEMA's new Multiphase Flow Lab to enhance Oil and Gas quality assurance		'Dirty blizzard' in Gulf may account for missing Deepwater Horizon oil

Researchers building stronger, greener concrete with biofuel byproducts

Air Force overrides Beechcraft LAS protest

Man creates car that runs on liquid air

Greener cars could slash US pollution by 2050: study

Oil Explorers Beware: Hackers Are Eyeing What You Know

Boeing Says Strong Demand Pushing Commercial Production Rates Higher

Cuba anxious about post-Chavez Venezuela

Iraq to spend $173 bn on energy infrastructure

Russian dashcams digital guardian angels for drivers

Volkswagen eyes Chinese growth after record profits

ENI sells Mozambique stake to CNPC for $4.21bn

Pope may be dragged into Falklands dispute

As F-35 costs soar, Boeing enters the fray

Iran pipeline to Pakistan tests U.S. stand

Vietnam anti-China activists mark island battle

Americans still use phones while driving: survey

Oilmen see security problems in Africa

Answering messages behind the wheel is as dangerous as being twice over the limit

EU safety body certifies Airbus A400M army transporter

Singapore in 'final stages' of evaluating F-35

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