Oil and Gas News

June 11, 2013

Shale resources add 47% to global gas reserves: US EIA
New York (AFP) June 10, 2013
Shale-based resources increase the world's total potential oil reserves by 11 percent and natural gas by 47 percent, according to a US report released Monday. In an initial assessment of shale oil resources and an update of shale gas reserves, the US Energy Information Agency said shale deposits could add 345 billion barrels of oil to global reserves, increasing the total to 3,357 billion barrels. Shale gas adds 7,299 trillion cubic feet of natural gas, or 32 percent of the world total, the EIA ... read more

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French electric car share program sets sights on Indy A French electric car share program has set its sights on the home of one of the top US race car events: Indianapolis. ... more		China auto sales growth slows in May: group Growth in China's auto sales slowed in May from a double-digit rise in April, an industry group said, as new data fuelled concerns that the world's second-biggest economy is faltering. ... more		Oil prices drop on China demand concerns Oil prices dropped Monday amid renewed concerns about China's appetite for crude oil after a batch of disappointing Chinese economic data. ... more
				Father Laiu fights to save rural Romania from fracking As Orthodox priest Vasile Laiu gazes over the picturesque hills of eastern Romania, he prays they will be spared the shale gas wells and drilling rigs dotting some US landscapes. ... more		Boeing EMARSS Aircraft Completes First Test Flight A U.S. Army and Boeing team completed the first flight of the first of four Enhanced Medium Altitude Reconnaissance and Surveillance System (EMARSS) Engineering, Manufacturing and Development aircra ... more

Pilot Completes First F-35 Vertical Landing for Royal Air Force Squadron Leader Jim Schofield became the first Royal Air Force pilot to complete a vertical landing of a Lockheed Martin [LMT] F-35B short takeoff and vertical landing (STOVL) Lightning II on May 28 ... more		Los Alamos catalyst could jumpstart e-cars, green energy Los Alamos National Laboratory scientists have designed a new type of nanostructured-carbon-based catalyst that could pave the way for reliable, economical next-generation batteries and alkaline fue ... 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		Climate change raises stakes on US ethanol policy If the climate continues to evolve as predicted by the Intergovernmental Panel on Climate Change, the United States stands little to no chance of satisfying its current biofuel goals, according to a ... more
				US renews exemptions to Iran oil sanctions China and India on Wednesday were again exempted from US sanctions aimed at choking off Iran's oil exports after significantly cutting back on purchases of crude from the Islamic republic. ... more		Scotland gives green light to $710M wood biomass heat-power plant A new wood biomass power plant approved for a Scottish seaport will be "responsibly" sourced for fuel, Energy Minister Fergus Ewing promised this week. ... more

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Australia on course for a shale bonanza? Australia may have more than a sextillion cubic feet of shale gas resources, a new study indicates, more than double the size of current estimates. ... more		East Med gas complicates regional rivalries Energy Minister Gebran Bassil gleefully boasts every chance he gets of the 30 trillion cubic feet of gas he says lie in just 10 percent of Lebanese waters. ... 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		Molecular switch for cheaper biofuel Lignocellulosic waste such as sawdust or straw can be used to produce biofuel - but only if the long cellulose and xylan chains can be successfully broken down into smaller sugar molecules. To do th ... more
				Germany shelves 'fracking' draft law for now German Chancellor Angela Merkel's conservatives on Tuesday dropped plans for a draft law on "fracking" for the time being amid concerns by some coalition allies about the oil and gas extraction technique, sources said. ... more		Enzyme from wood-eating gribble could help turn waste into biofuel Scientists have discovered a new enzyme that could prove an important step in the quest to turn waste (such as paper, scrap wood and straw) into liquid fuel. To do this they turned to the destructiv ... more

Full Version of EnergyIQ Released

France's RTE to launch 'smart' power substations

Study finds disincentives to energy efficiency can be fixed

Stanford scientists create novel silicon electrodes that improve lithium-ion batteries

New all-solid sulfur-based battery outperforms lithium-ion technology

Oil prices drop on China demand concerns

Climate change raises stakes on US ethanol policy

Scotland gives green light to $710M wood biomass heat-power plant

Enzyme from wood-eating gribble could help turn waste into biofuel

Japan PM to step up nuclear export drive: report

Upgrades ordered for U.S. reactors

Glitch-hit US nuclear plant shut down for good

	Iraq offers oil to cash-strapped Sudan, Khartoum says Iraq has agreed to provide cash-strapped Sudan with oil while deferring payment, Khartoum's investment minister said on Wednesday. ... more		US eyes progress on South China Sea tensions A US official on Wednesday voiced hope that China and Southeast Asian nations will start talks soon on a code of conduct to resolve disputes over the South China Sea after repeated flare-ups. ... more		Shun Tak Holdings buys a third of Jetstar Hong Kong A firm founded by Macau casino tycoon Stanley Ho has paid US$66 million for a third of new budget airline Jetstar Hong Kong for US$66 million, Australia's Qantas said Thursday. ... more		Oil prices down in Asia as weaker China data weighs Oil prices fell in Asian trade Tuesday as data showing weak manufacturing activity in China suggested growth in the world's second largest economy was slowing. ... 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

China's Xi talks energy in Trinidad		Ultrasound 'making waves' for enhancing biofuel production		Volvo chief acknowledges errors, says to stay in US		Boeing's first 787 arrives in China: media		Britain group massively hikes shale gas estimate
Airline industry calls for single emissions standard		EP panel OKs stricter reporting rules for extractive industries		Iraq hints OPEC to stabilise output		Myanmar-China pipeline to benefit both countries?		Nabucco, TAP near finish, but lots of room in EU

Vietnam slams 'groundless' maritime claims

Petrobras mulls reducing energy role in Argentina

US targets Iran petrochemical industry

Canada's westernmost province rejects pipeline to Pacific

OPEC moves towards holding output

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

Iran aims for more oil exports to India

Japan, Russia to jointly develop oilfield

Slow progress on Unasur plans for a joint trainer aircraf

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

Saudi king promotes son in defense shuffle

$100 billion in LNG investment at risk in Australia

Saudi Arabia, Iran contest OPEC leadership

Monitoring system can detect dangerous fatigue in mine truck driver

EADS sweetens KF-X offering

New filtration material could make petroleum refining cheaper, more efficient

Electric cars slow to gain traction in Germany

Oil down in Asia on weak Chinese data

Frigid Heat: How Ice can Menace a Hot Engine

US F-15 crashes in Japan, pilot ejects safely

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