Oil and Gas News

May 21, 2013

U.S. unveils new draft fracking regulations
Washington (UPI) May 17, 2013
The U.S. Interior Department has released revised proposed rules governing hydraulic fracturing, or fracking, for oil and natural gas on federal land. While representing about 5 percent of total US crude output, crude oil production on federal land has been increasing, from 284,900 barrels per day in 2008, up until the month of September that year, to 331,500 barrels per day in 2012, the Financial Times reports. "We are proposing some common-sense updates that increase safety while also ... read more

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Scientists develop 'green' pretreatment of Miscanthus for biofuels Two University of Illinois scientists have developed an environmentally friendly and more economical way of pretreating Miscanthus in the biofuel production process. "We pretreat the biomass w ... more		Israel pushed to spell out gas export plan Nobel Energy of Houston, which discovered Israel's big natural gas fields in the eastern Mediterranean, is pressing the government to decide on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility. ... more		China 'will not accept' carbon tax on EU flights: report China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment. ... more
				Hong Kong launches first electric taxis Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. ... more		Groundwater unaffected by shale gas production in Arkansas A new study by scientists at Duke University and the U.S. Geological Survey (USGS) finds no evidence of groundwater contamination from shale gas production in Arkansas. "Our results show no di ... more

Chevron to the rescue of YPF's shale project U.S. oil and gas major Chevron will invest $1.5 billion in Argentina's ambitious shale development project in Patagonia despite energy industry skepticism over Argentine President Cristina Fernandez keeping promises made during negotiations. ... more		India commissions first MiG-29K fighters India has commissioned the navy's first squadron of 16 MiG-29K fighters to be operated from a forthcoming aircraft carrier. ... 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		Libyan oil industry hit by legacy of violence Protesters closed the Zueitina oil refinery in eastern Libya for the second time in six months this week, the latest setback for the North African country's troubled efforts to develop its crucial energy industry in the violent aftermath of the 2011 civil war. ... more
				Canada's Harper pitches Keystone oil line in NY Canadian Prime Minister Stephen Harper was in New York Thursday promoting the Keystone XL pipeline, the $5.3 billion project that would move oil from the province of Alberta to the US heartland. ... more		Britain: More than 300 licenses granted since fracking ban was lifted Britain said this week it has issued more than 300 licenses for onshore oil and natural gas exploration since a ban on shale gas hydraulic fracturing was lifted. ... more

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Taiwan stages exercise as Philippines row rumbles on Taiwan held a military exercise Thursday in waters near the northern Philippines in response to the killing of a Taiwanese fisherman, after rejecting repeated apologies from Manila. ... more		Chinese, Indian airlines face EU pollution finesw/ll Eight Chinese and two Indian airlines face fines of up to several million euros for not paying for their greenhouse gas emissions during flights within the bloc, the European Commission said on Friday. ... more		Maintaining US space dominance requires rapid and reliable delivery of new systems Germany pledges EUR35 bn for space defence against Russia, China Rocket Lab Expands Synspective Partnership with 10 Additional Electron Launches		Study: Gas 'fracking' in Arkansas not affecting groundwater Shale gas production in Arkansas has not contaminated groundwater, a study by Duke University and the U.S. Geological Survey indicates. ... more
				PetroChina drops bid for Australian coal seam gas China's largest oil and gas producer and distributor PetroChina has dropped its $185 million bid for Australia's coal-seam gas company WestSide Corp. ... more		Awash with cash, Petrobras aims to double in size in 7 years Ahead of this week's dramatic $11 billion bond sale that swelled its coffers, Brazil's state-controlled Petrobras predicts it will double in size in seven years. ... more

EU says emissions down, but pollution scheme falters

Paraguay ups stakes in electricity row with Brazil, Argentina

New Wyoming Lithium Deposit could Meet all US Demand

Libyan oil industry hit by legacy of violence

Add boron for better batteries

Groundwater unaffected by shale gas production in Arkansas

Scientists develop 'green' pretreatment of Miscanthus for biofuels

WELTEC BIOPOWER constructs 1.8 MW plant in Finland

UGA researchers explore how to harvest electricity directly from plants

Thousands rally against nuclear power in Taiwan

German energy shift faces headwinds

German MPs debate fresh search for nuclear dump site

	Iraqi Kurds 'close to energy deal with Turks' Iraq's Kurds are reported to have reached a secret deal with Turkey under which the Kurds' semiautonomous enclave will ship oil to Turkey for export, a move that will enrage Baghdad and heighten fears of ethnic violence that could splinter the Iraqi state. ... more		Polish combined-cycle gas-fired power station lands EIB loan European financiers are sinking $364 million into new combined-cycle gas turbine power station in Poland to help it diversify from coal-fired generation. ... more		China owner smashes up his Maserati in service protest A wealthy Chinese Maserati owner hired four sledgehammer-wielding men to smash up his $420,000 supercar in protest at poor customer service, reports said Wednesday. ... more		Oilmen ready for risky push into Somalia Foreign companies are getting ready to undertake the risky business of exploring for oil in war-torn Somalia, a quest that could trigger new conflict as the Western-backed government struggles to stop die-hard Islamist insurgents. ... more

Northrop Grumman Hypersonic Navigation System Exceeds Rocket Test Milestones

We can build fighter jet without Germany: France's Dassault

Moldova backs EU in elections marred by Russian interference

British Columbia Liberals' shock win keeps pipeline afloat		US-led navies press Gulf manoeuvres amid Iran tensions		Canadian Arctic faces vulnerability to spills and other emergencies		Germany's Volkswagen plans new China car plant		EADS posts profit leap as Airbus orders soar
UGA researchers explore how to harvest electricity directly from plants		New Advance in Biofuel Production		Geologists study mystery of 'eternal flames'		WELTEC BIOPOWER constructs 1.8 MW plant in Finland		EADS says Pentagon ending helicopter program

Oil prices slip on strong dollar, China data

Big Three US automakers to skip Tokyo Motor Show

Britain's Rolls-Royce to sponsor supercar's 1,000 mph record attempt

Rocky road for electric car market

Gulf navy drill not directed at Iran: US

Chinese ships spotted in disputed islands waters: Japan

Bombs halt Iraq oil exports to Turkey

Peru upbeat about boosting natural gas exports

Boeing Brings B-52 into Digital Age with Significant Communications Upgrade

Japan automakers step on profit accelerator

Researchers work to capture electrical energy from plants

Turkish energy hub plan faces hurdles

China April auto sales up despite weak economy

Flyers don't turn off phones in planes: survey

Setting the standard for sustainable bioenergy crops

Singapore now a gas hub

German high-speed autobahns rev election year debate

Toyota full-year net profit triples to $9.7 bln

New Mechanism Converts Natural Gas to Energy Faster, Captures CO2

Electric car maker Tesla posts first profit

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