Oil and Gas News

May 01, 2013

Ukraine energy minster calls to end Naftogaz privatization ban
Kiev, Ukraine (UPI) May 1, 2013
Ukraine's Parliament needs to lift a ban on the privatization of natural gas transmitter Naftogaz to tap its potential, Energy Minister Yuriy Boyko says. In a interview with the Mirror Weekly newspaper Friday, Boyko - who is also Ukraine's vice prime minister - said the privatization of Naftogaz would "attract substantial funds" for the cash-strapped transmission system operator, allowing it to carry out much-needed upgrades. The comments came hours after the Council of Ministers propo ... read more

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Insiders doubt Libya's oil push plan Libya's getting ready to launch a new oil licensing round to boost production but there's widespread skepticism the country will be able to pull it off with armed militias still running wild 18 months after Moammar Gadhafi was toppled. ... more		New material to soak up oil spills? Scientists said Tuesday they had manufactured a lightweight and reusable material that can absorb up to 33 times its weight in certain chemicals - a possible new tool against water pollution. ... more		GM pulls 'offensive' China ad: report US auto giant General Motors is withdrawing a global advertisement which refers to China as the land where people say "ching-ching, chop suey" after admitting it contains "offensive content", a report said Wednesday. ... more
				European cooperation on Power-to-Gas for future energy system 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 ... more		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		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		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		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		Australia unveils its F-35 JSF 'Iron Bird' Australia will use a full-scale F-35A Joint Strike Fighter model to study the effects of electromagnetic compatibility and interference on the aircraft. ... more

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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		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		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		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

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	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		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 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

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Multifunction Advanced Data Link Flight Tested For F-35 Program		Brazil drops plan to build AgustaWestland helicopter		Brazil's KCO-390 eyes markets as global alternative to C-130		Iraq oil exports up in March		Oil prices nearly flat after weak China, Europe data
New input system for biogas systems		China Airlines in landmark Taiwan-Russia tie-up		Bugs produce diesel on demand		Keystone failure would send Canadian oil to Asia: minister		Saudi king replaces deputy defence minister

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GM by any other name? Car firms face brand puzzle in China

Shale Gas Boom Fuels Rebound in Growth for North American Smart Grid Equipment Market

SUV popularity in China casts cloud over green-energy cars

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A key to mass extinctions could boost food, biofuel production

Luxury car makers seek success in China

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Volvo Cars to post big Chinese losses for 2012: report

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Sweden proposes extending tax breaks for biofuels, green cars

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

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