Oil and Gas News

May 24, 2013

Israel eyes Syrian missile threat to gas fields
Haifa, Israel (UPI) May 23, 2013
The reported delivery of supersonic Russian anti-ship missiles to Syria, which could also fall into the hands of Lebanon's Hezbollah, has heightened Israeli concerns about protecting its offshore natural gas fields. Israel began production in March from its second largest field, Tamar discovered 40 miles off northern Israel in 2009. The field, jointly operated by Nobel Energy of Houston, and its Israeli partners, Delek Group, Isramco and Dor Alon, has reserves of around 8 trillion-10 tri ... read more

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Nation equipped to grow serious amounts of pond scum for fuel A new analysis shows that the nation's land and water resources could likely support the growth of enough algae to produce up to 25 billion gallons of algae-based fuel a year in the United States, o ... more		Indonesia, Papua New Guinea plan joint exploration Indonesia and Papua New Guinea are planning joint exploration for potential oil and natural gas reserves in border areas. ... more		US House in message vote: build Keystone pipeline US lawmakers Wednesday agreed to a bill that would speed construction of a Canada-US oil pipeline and circumvent the need for President Barack Obama's approval for the $5 billion project. ... more
				Oil recovers after dive on Chinese data Global oil prices closed little changed Thursday, recovering from sharper losses earlier in the day after weak Chinese manufacturing data. ... more		Maduro's confused signals bode ill for Venezuela's recovery Venezuelan President Nicolas Maduro is grappling with embarrassing shortages of consumer goods, in some cases rated to be worse than under Hugo Chavez, who died of cancer in March. ... more

China clears Boeing 787s for nation's airlines: Boeing Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant. ... more		Israeli gas finds secure its self sufficiency Gas production from huge offshore deposits along its Mediterranean coast is enabling Israel to shift from costly and unreliable imports to a growing self-sufficiency and the potential to become an energy exporter. ... 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		EU leaders face up to shale challenge EU leaders agreed Wednesday to face up to the challenge posed by the shale oil and gas revolution which has slashed US energy prices, undercutting Europe's competitive edge. ... more
				Frigid Heat: How Ice can Menace a Hot Engine How does ice accumulate inside hot turbofan jet engines during flight? NASA scientists, working with engine manufacturers, are closer to answering that question thanks to the only test facility in t ... more		Engineered microbes grow in the dark Scientists at the University of California, Davis have engineered a strain of photosynthetic cyanobacteria to grow without the need for light. They repored their findings at the 113th General Meetin ... more

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French-Asian firms reveal LNG contract in Canada A consortium comprising French, South Korean and Chinese companies has won a contract for a liquefied natural gas project in Canada, the French partner Technip said on Wednesday. ... more		EU leaders look to energy for growth boost EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and leave Europe far behind. ... 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		U.S. said well-positioned to grow pond scum as fuel source U.S. land and water resources could support the growth of enough algae to produce up to 25 billion gallons of algae-based fuel a year, researchers say. ... more
				Oettinger: EU studying 'fracking' as it seeks to cut energy prices The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the union's energy chief says. ... more		Cotton offers a new ecologically friendly way to clean up oil spills With the Deepwater Horizon disaster emphasizing the need for better ways of cleaning up oil spills, scientists are reporting that unprocessed, raw cotton may be an ideal, ecologically friendly answe ... more

New report identifies strategies to achieve net-zero energy homes

Finnish researchers to provide solutions for energy-efficient repairs in residential districts in Moscow

Paraguay ups stakes in electricity row with Brazil, Argentina

Indonesia, Papua New Guinea plan joint exploration

US House in message vote: build Keystone pipeline

Maduro's confused signals bode ill for Venezuela's recovery

Bacteria use hydrogen, carbon dioxide to produce electricity

Nation equipped to grow serious amounts of pond scum for fuel

Engineered microbes grow in the dark

Dutch signal willingness to sell Urenco stake

Areva, world's 2nd uranium company heavily present in Niger

Westinghouse and State Nuclear Power Technology Form Joint Venture To Better Serve Global Market

	IMF urges Iraq to build fiscal buffers The International Monetary Fund on Tuesday urged Iraq to build up its weak fiscal buffers as the oil producer's economy remains highly vulnerable to the oil market. ... more		Philippines protests to China over 'illegal' sea presence The Philippines said Tuesday it had protested to China at the "illegal" presence of a Chinese warship and other vessels at a shoal occupied by Filipino marines in the South China Sea. ... more		India awaits LNG exports from Freeport facility The U.S. Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security. ... more		Saab upgrading bid for Brazil FX-2 contest Swedish manufacturer Saab is upgrading its bid for Brazil's long-delayed FX-2 jet fighter purchase plan, even as it weighs challenges from formidable rivals Boeing and France's Dassault. ... 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

Libyan oil industry hit by legacy of violence		China's Tri-Ring buys Polish bearings maker FLT Krasnik		Alaskan village loses court fight against big oil		Britain weighing gasoline price-fixing probe of BP, Shell, Statoil		U.S. unveils new draft fracking regulations
Scientists develop 'green' pretreatment of Miscanthus for biofuels		F-35A Completes High Angle Of Attack Testing		Canada's Harper pitches Keystone oil line in NY		Hong Kong launches first electric taxis		Groundwater unaffected by shale gas production in Arkansas

Israel pushed to spell out gas export plan

Chevron to the rescue of YPF's shale project

China 'will not accept' carbon tax on EU flights: report

India commissions first MiG-29K fighters

F-35 Australian Supplier Proves Capability To Manufacture High-Grade Advanced Composite Components

Britain: More than 300 licenses granted since fracking ban was lifted

Taiwan stages exercise as Philippines row rumbles on

Chinese, Indian airlines face EU pollution finesw/ll

Study: Gas 'fracking' in Arkansas not affecting groundwater

PetroChina drops bid for Australian coal seam gas

Awash with cash, Petrobras aims to double in size in 7 years

Iraqi Kurds 'close to energy deal with Turks'

Polish combined-cycle gas-fired power station lands EIB loan

China owner smashes up his Maserati in service protest

Oilmen ready for risky push into Somalia

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

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