Oil and Gas News

June 13, 2013

Iraq to get $6 trillion from energy in new strategy
Baghdad (AFP) June 12, 2013
Iraq unveiled an ambitious energy strategy on Wednesday that aims to raise $6 trillion (4.5 trillion euros) from oil and gas sales by 2030 and massively increase local power generation, a major domestic need. The Integrated National Energy Strategy would see Iraq invest some $620 billion in the sector over nearly 20 years in a bid to substantially increase living standards and employment levels in a country badly hit by decades of conflict and sanctions. "The strategic goals of the plan are to m ... read more

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Britain, Saudi discuss military ties: agency British Defence Secretary Philip Hammond discussed strengthening military and security ties with Saudi Arabia with top defence officials in the kingdom on Wednesday, the state-run SPA news agency reported. ... more		Study finds speech-to-text risks behind the wheel Speech-to-text devices in new cars fail to overcome the well-known perils of hands-on texting while driving, a US study published Wednesday suggests. ... more		IEA trims forecasts for global, Chinese oil demand growth Sluggish global economic growth is crimping demand for oil, including in emerging market powerhouse China, the International Energy Agency said on Wednesday. ... more
				Will Saudi Arabia Allow the U.S. Oil Boom? Interview with Chris Faulkner Technology, technology, and more technology-this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are ... more		Biofuels will play integral role in California's energy future Biofuels developed from plant biomass and purpose-grown crops can substantially move California toward its ambitious energy goals, a new report says, but only through the wise allocation of feedstoc ... more

Boeing aviation forecast sets scene for crowded skies Earth's airspace is set to have twice as many airliners flying as now, and that's just the civilian airplane traffic forecast to grow in the next two decades. ... more		Shale resources add 47% to global gas reserves: US EIA 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. ... 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		China's MA60 planes in spotlight after safety incidents China's high-flying aviation ambitions suffered a setback on Tuesday as Myanmar grounded several planes made by the Asian powerhouse and Indonesia ordered special checks on its fleet following a series of safety incidents. ... more
				Oil down in Asia on China growth concerns Oil prices were down in Asia on Tuesday after downbeat Chinese data highlighted concerns about slowing growth in the world's second largest economy. ... more		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

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Shale resources add 47% to global gas reserves: US EIA 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. ... more		India commissions its first Pilatus aircraft The Indian air force inducted the first 12 of 75 Swiss-manufactured Pilatus PC-7 Mk-II basic training aircraft at a ceremony at the Dundigal Air Force Academy near Hyderabad. ... 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		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
				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		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

China is outsourcing carbon within its own borders

Full Version of EnergyIQ Released

Wood as energy source not as 'green' in carbon terms as thought

IEA trims forecasts for global, Chinese oil demand growth

Britain, Saudi discuss military ties: agency

Will Saudi Arabia Allow the U.S. Oil Boom? Interview with Chris Faulkner

Biofuels will play integral role in California's energy future

Climate change raises stakes on US ethanol policy

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

Japan's first lady says she is 'anti-nuclear'

Japan PM to step up nuclear export drive: report

Upgrades ordered for U.S. reactors

	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		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		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

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

US renews exemptions to Iran oil sanctions		Scotland gives green light to $710M wood biomass heat-power plant		Australia on course for a shale bonanza?		East Med gas complicates regional rivalries		Molecular switch for cheaper biofuel
Germany shelves 'fracking' draft law for now		Enzyme from wood-eating gribble could help turn waste into biofuel		Iraq offers oil to cash-strapped Sudan, Khartoum says		US eyes progress on South China Sea tensions		Shun Tak Holdings buys a third of Jetstar Hong Kong

Oil prices down in Asia as weaker China data weighs

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

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