Oil and Gas News

May 31, 2013

Romanian PM rejects 'influence' of anti-shale gas campaigns
Bucharest (AFP) May 29, 2013
Romania's prime minister on Wednesday said the government should not be "influenced" by anti-shale gas campaigns as plans to allow US company Chevron to explore for the resource has sparked protests. The method to extract shale gas is controversial with environmentalists saying it poses serious threats that include contaminating ground water and triggering earthquakes. Cited by news agency Mediafax during a meeting, Victor Ponta told Environment Minister Rovana Plumb that Romania needs to "cont ... read more

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Iran aims for more oil exports to India Tehran has offered incentives to lure India to import more oil from Iran. ... more		Saudi Arabia, Iran contest OPEC leadership Archrivals Saudi Arabia and Iran are expected to battle it out at Friday's OPEC meeting over leadership of the oil cartel at a time when it's facing the grave challenge of the U.S. shale oil boom, an issue that's divided the group. ... more		Japan, Russia to jointly develop oilfield Japan and Russia on Wednesday signed a deal that will see them jointly explore and develop a potentially lucrative oil and gas field off Russia's Far East coast. ... more
				Colorado's new alga may be a source of biofuel production A new strain of yellow-green algae, heterococcus sp. DN1, which may prove to be an efficient source for biodiesel, has been discovered in the snow fields of the Rocky Mountains. Research exami ... more		Saudi king promotes son in defense shuffle King Abdullah's naming of his son as the head of the newly created National Guard Ministry a month after sacking the deputy defense minister, who is key figure in the kingdom's military, has raised concerns that trouble is brewing within the royal family. ... more

$100 billion in LNG investment at risk in Australia Although Australia has been slated to overtake Qatar as the worlds' biggest liquefied natural gas exporter by 2030, the escalating cost of doing business in the country could cost its economy more than $100 billion of new investment in LNG projects. ... more		Monitoring system can detect dangerous fatigue in mine truck driver U.S. firm Caterpillar says it installing a $10,000 Australian-developed system that can monitor drivers for fatigue in all its mining trucks. ... 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		New filtration material could make petroleum refining cheaper, more efficient A newly synthesized material might provide a dramatically improved method for separating the highest-octane components of gasoline. Measurements at the National Institute of Standards and Technology ... more
				Electric cars slow to gain traction in Germany Germany plans to have one million electric vehicles on its roads by 2020, but so far that goal seems remote as the nation's motorists have shown little love for the quietly humming vehicles. ... more		Romanians protest against Chevron shale gas plans Thousands of Romanians protested on Monday against plans by the US company Chevron to explore for shale gas in eastern Romania. ... more

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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Oil down in Asia on weak Chinese data Oil prices were down in Asia on Tuesday as weak Chinese manufacturing data raised concerns about energy demand in the world's second largest economy, analysts said. ... more		EADS sweetens KF-X offering With South Korea edging closer to deciding on a contractor for its $7.3 billion KF-X fighter program, a European competitor is dangling a new carrot to its bid. ... 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		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
				US F-15 crashes in Japan, pilot ejects safely An American F-15 fighter crashed into the sea after its pilot ejected from his plane off Japan's southernmost Okinawa prefecture on Tuesday, the US Air Force said. ... more		Better Place electric car firm to be dissolved Better Place, an Israeli-American company making electricity-powered cars, announced on Sunday it was filing a court motion for dissolution after its shareholders refused to provide further funding. ... more

EU emitted 3.3% less greenhouse gas in 2011: report

Energy - Balancing the Bonanza: Interview with Mark Thoma

Most Energy Execs Indicate Potential For US Energy Independence By 2030

Saudi Arabia, Iran contest OPEC leadership

Romanian PM rejects 'influence' of anti-shale gas campaigns

Japan, Russia to jointly develop oilfield

Colorado's new alga may be a source of biofuel production

European and US Cellulase Patents granted to Direvo Industrial Biotechnology

Shanghai sees biofuel gold in recycled cooking oil

Despite safety and other concerns, nuclear power saves lives, greenhouse gas emissions

S. Korea halts two more reactors over faulty parts

S. Korea halts two more reactors over faulty parts

	Shanghai sees biofuel gold in recycled cooking oil China's commercial hub Shanghai plans to turn recycled cooking oil, some of it seized by authorities, into an environmental asset by converting it into fuel for vehicles, state media said Monday. ... more		Oil down on China worries, US stockpiles buildup Oil prices were lower in Asian trade Monday, dragged down by prospects of weaker crude demand from China and a buildup in US stockpiles, analysts said. ... more		Space drives e-mobility An ESA business incubation start-up company is helping major car manufacturers to develop electric vehicle concepts and improve safety systems by turning ideas quickly into virtual prototypes. ... more		Genscape Creates Largest Land and Sea Oil Supply Chain Monitoring Network Genscape has announced the acquisition of Vesseltracker.com GmbH. This acquisition significantly expands Genscape's network of proprietary real-time energy monitors to deliver the next era in oceang ... 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

European and US Cellulase Patents granted to Direvo Industrial Biotechnology		Scientists offer first definitive proof of bacteria-feeding behavior in green algae		Georgia Power adds biomass capacity		F-35B Completes First Vertical Takeoff		Nation equipped to grow serious amounts of pond scum for fuel
Indonesia, Papua New Guinea plan joint exploration		Air China says orders 100 Airbus A320 jets worth $8.8 bn		Lavrov: Azerbaijan oil pipeline contract termination not political		Algeria under pressure over energy industry		Israel eyes Syrian missile threat to gas fields

French-Asian firms reveal LNG contract in Canada

US House in message vote: build Keystone pipeline

Engineered microbes grow in the dark

Oil recovers after dive on Chinese data

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

China clears Boeing 787s for nation's airlines: Boeing

Israeli gas finds secure its self sufficiency

EU leaders face up to shale challenge

Bacteria use hydrogen, carbon dioxide to produce electricity

EU leaders look to energy for growth boost

U.S. said well-positioned to grow pond scum as fuel source

Oettinger: EU studying 'fracking' as it seeks to cut energy prices

Cotton offers a new ecologically friendly way to clean up oil spills

IMF urges Iraq to build fiscal buffers

Philippines protests to China over 'illegal' sea presence

India awaits LNG exports from Freeport facility

Saab upgrading bid for Brazil FX-2 contest

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

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