Oil and Gas News

April 29, 2013

European cooperation on Power-to-Gas for future energy system
Arnhem, the Netherlands (SPX) Apr 29, 2013
Eleven leading companies in Europe have joined forces in the newly established North Sea Power to Gas Platform to further develop the concept of Power-to-Gas (P2G): the conversion of renewable power into gas. P2G will play an increasingly important role in our future energy system, as it reduces temporal surpluses of renewable power by converting these surpluses into gases. As these gases can be used for different purposes such as transportation, domestic heating, as feedstock for the chemical ind ... read more

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China, India spar over Persian Gulf oil China's plan to build a second aircraft carrier and the Indian navy's recent test-firing of a submarine-launched cruise missile should be ringing alarm bells in the Persian Gulf. ... more		Permit delays raise US-Canada pipeline costs: company Delays in greenlighting TransCanada's Keystone XL pipeline will increase construction costs and postpone its in-service date by at least six months, the company said Friday. ... more		Honda's annual net profit soars to $3.7 bn Japanese automaker Honda said Friday its net profit for the year to March soared 73.6 percent to $3.7 billion, thanks to robust overseas sales, a weaker yen, and cost cutting. ... more
				Government portal offers a closer look at oil sands The governments of Canada and the province of Alberta have launched an online portal for monitoring the environmental effects of oil sands. ... more		Electricity blackouts return to haunt Maduro Venezuelan President Nicolas Maduro put the country's electricity supplies on an emergency footing after Caracas and outlying areas plunged into darkness amid repeated blackouts. ... more

Recipe for Low-Cost, Biomass-Derived Catalyst for Hydrogen Production In a paper to be published in an upcoming issue of Energy and Environmental Science (now available online), researchers at the U.S. Department of Energy's Brookhaven National Laboratory describe det ... more		Canada warns against US rejection of pipeline A senior Canadian official on Wednesday warned against a US rejection of the massive Keystone XL pipeline, saying it would be a "serious reversal" in the neighbors' energy relationship. ... more		Ancient nitrogen enzyme study illuminates early Earth conditions and life detection Cleaner ship fuel is reducing lightning in key shipping lanes, research finds Geoscientists use satellite to determine not the shape of water, but how water shapes land		Syria's energy: Mediterranean gas may be the prize Syria's top rebel commander is reportedly seeking Western support for taking over oil fields held by Islamist factions but the real conflict over Syria's energy resources is likely to be vast natural gas fields under the eastern Mediterranean. ... more
				Southeast Asian leaders urge China to discuss rows Southeast Asian leaders on Thursday called for urgent talks with China to ensure that increasingly tense territorial disputes over the South China Sea did not escalate into violence. ... more		China conducts its first successful bio-fueled airline flight China says is has successfully conducted its first airline flight powered by self-developed biofuel made mainly from palm oil and recycled cooking oil. ... more

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India to get LNG from the US India's largest natural gas importer has signed a supply agreement to receive liquefied natural gas from the United States. ... more		Lebanon feuds could hurt its quest for gas Lebanon's political and sectarian rivalries, along with its maritime dispute with Israel, could hamper the country's drive to exploit large natural gas fields in the eastern Mediterranean, a new study warns. ... more		China prepares offshore test base for reusable liquid rocket launches Icy cycles may have driven early protocell evolution Understanding USDT How Stablecoins Maintain Value in Volatile Markets		China welcomes French president with Airbus deal China welcomed French President Francois Hollande on Thursday with a deal potentially worth billions for 60 Airbus planes as he became the first Western leader to pay court to Beijing's new supremo. ... more
				Chinese prefer gas-guzzling vehicles? Although exhaust fumes are considered a major contributor to China's worsening air pollution problem, Chinese drivers are increasingly opting for midsized cars and sport utility vehicles, industry executives at the Shanghai Auto show said. ... more		Multifunction Advanced Data Link Flight Tested For F-35 Program The Multifunction Advanced Data Link (MADL) waveform developed by Northrop Grumman Corporation was demonstrated in a Lockheed Martin F-35 Lightning II joint strike fighter program flight test, valid ... more

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	Brazil drops plan to build AgustaWestland helicopter Brazilian aviation major Embraer has dropped plans to build a new helicopter range with Italy's AgustaWestland as a joint venture partner. ... more		Brazil's KCO-390 eyes markets as global alternative to C-130 Brazilian tactical transport jet KC-390 is about to enter the market as the main challenger to Lockheed Martin's C-130J Super Hercules but global domination is far from certain, analysts said. ... more		Iraq oil exports up in March Iraq's overall oil exports, which account for the lion's share of government income, were up in March but average daily exports fell, oil ministry spokesman Assem Jihad said on Tuesday. ... more		Oil prices nearly flat after weak China, Europe data Oil prices rebounded from an early fall to finish almost flat Tuesday after weak economic news in China and Europe. ... more

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Slovenian flyer embarks on eco-friendly trip to Arctic

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Troop loyalty a challenge for Venezuela's Maduro

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Luxury car makers seek success in China

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Brazil's FX-2 jet fighter purchase decision put off again

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