Oil and Gas News

June 21, 2013

Russia, China reach $60 bn oil supply deal: Putin
Saint-Petersburg (AFP) June 20, 2013
Moscow and Beijing have reached agreement on a $60 billion contract to ramp up Russian oil supplies to China, part of the two countries' strategy to tighten their energy partnership, Russian President Vladimir Putin said on Thursday. "A contract with Rosneft company has been prepared which is large-scale and unprecedented without any exaggeration," Putin told Chinese Vice Premier Zhang Gaoli at a meeting in Saint Petersburg, estimating the value of the deal at more than $60 billion. In his comme ... read more

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Tesla recalls Model S cars over problem weld Electric sports car maker Tesla announced a recall Wednesday for some of its Model S vehicles over possible weak welds on back seats. ... more		India pushes for energy security in Iraq meet Indian Foreign Minister Salman Khurshid held talks with senior Iraqi officials on Thursday as New Delhi, Baghdad's biggest buyer of oil, pushes for greater energy security as it looks to ensure sustained economic growth. ... more		Novel Enzyme from Tiny Gribble Could Prove a Boon for Biofuels Research Researchers from the United Kingdom, the Energy Department's National Renewable Energy Laboratory (NREL), and the University of Kentucky have recently published a paper describing a novel cellulose- ... more
				Biofueled Airbus makes air show entrance An Airbus airliner flew from southern France to the Paris Air Show on Thursday with one fuel tank partially filled with farnesane, a biofuel made from sugar cane as the industry experiments with green technology. ... more		EADS And Siemens Sign MoU With Diamond Aircraft On Electric Propulsion System EADS and Siemens are entering into a long-term research partnership to introduce new electric propulsion systems that could help airlines lower their fuel bills and drive environmental performance. ... more

Iraq: Chevron, Total expand Kurdish drilling Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region and France's Total buying a majority stake in another. ... more		Indonesia to raise subsidized fuel prices Indonesia plans to raise its subsidized fuel prices as part of a revised state budget lawmakers from President Susilo Bambang Yudhoyono's governing coalition pushed through this week. ... 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		Embraer secures more orders for executive jets Brazilian aircraft maker Embraer hopes to continue building up its sales of private and regional jets at the same time as it expands capacity in defense, security and tactical transport. ... more
				Billions in contracts reported at air show Aerospace industry contracts for commercial aircraft, related systems and services worth billions of dollars are being reported from the Paris Air Show. ... more		Oil dives on Fed taper signal, weak China data Oil prices took their steepest fall in seven months Thursday, pushed down by a Federal Reserve signal of the winding down of stimulus and weak Chinese manufacturing data. ... more

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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Technology collaborations announced at Paris Air Show Amid the hoopla at the biennial Paris Air Show over aerial performances, big contracts and new products, collaborative agreements are sometimes overlooked. ... more		Tesla to demo quick-swap electric car batteries Tesla Motors said Thursday it would demonstrate a way to quickly recharge electric cars by swapping drained batteries for fresh power cells. ... 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		US auto giant GM plans to invest $11 billion in China General Motors will invest $11 billion in China through 2016, executives said Wednesday, as the US car giant broke ground on a plant to produce luxury Cadillacs for the world's biggest auto market. ... more
				EADS Examines Electric And Hybrid Propulsion To Further Reduce Aircraft Emissions Will electric propulsion become an alternative for fossil fuel also in the aviation industry? EADS is evaluating different approaches and is demonstrating a number of initiatives in the field of ele ... more		Persian Gulf states 'unable to protect themselves' Despite massive spending on Western weapons, the Arab monarchies of the Persian Gulf are "unable to secure themselves from any external threat" - meaning Iran - and are running up huge public and foreign debt, a Gulf think tank says. ... more

World cities improving energy efficiency: report

China launches first carbon trading scheme

India's Energy Ties with Iran Unsettle Washington

Printing Tiny Batteries

Russia, China reach $60 bn oil supply deal: Putin

Iraq: Chevron, Total expand Kurdish drilling

Novel Enzyme from Tiny Gribble Could Prove a Boon for Biofuels Research

Biofueled Airbus makes air show entrance

US forest management policy must evolve to meet bioenergy targets

Poland may delay launch of nuclear plants: PM

Toxic radiation in groundwater at Fukushima: operator

Romania to sell stake in nuclear plant operator

	Ford to go back to buttons, knobs after complaints about touchscreens After complaints about touchscreen controls, automaker Ford says it will return to physical radio tuning knobs and buttons in its car entertainment systems. ... more		Chevron signs Iraq Kurd oil deal US energy giant Chevron has signed another oil exploration deal in Iraq's autonomous Kurdistan region, it said on Monday, one of several contracts between Kurds and foreign energy firms that have enraged Baghdad. ... more		Black locust showing promise for biomass potential Researchers from the Energy Biosciences Institute at the University of Illinois, evaluating the biomass potential of woody crops, are taking a closer look at the black locust (Robinia pseudoacacia), ... more		US forest management policy must evolve to meet bioenergy targets In order to keep pace with the burgeoning demand for renewable energy, forest management policy in the U.S. must change to address environmental sustainability issues, according to an article by a U ... 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

S. Korea opens bidding on $7.3 bn fighter jet deal		Beechcraft issues statement on LAS dispute		Long-awaited A400M military plane sets out to conquer		US gives Israeli minister a ride in V-22 Osprey aircraft		Researchers unearth bioenergy potential in leaf-cutter ant communities
Central European presidents back Nabucco West over TAP rival		New showdown looms as Sudan threatens south's oil		Philippines coast guard officials face possibe charges		Iraq slashes production plan, but doubts remain		DOE to move forward on LNG export applications

Wood not so green a biofuel

EU takes Germany to task over new auto coolant rules

Canadian PM's London visit sparks protest

Three Chinese ships in disputed waters: Japan

Iraq to get $6 trillion from energy in new strategy

Britain, Saudi discuss military ties: agency

Study finds speech-to-text risks behind the wheel

IEA trims forecasts for global, Chinese oil demand growth

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

Biofuels will play integral role in California's energy future

Boeing gets $4 bn US Army helicopter deal

Lockheed Martin Receives JASSM Contract for Additional Integration onto Finish Air Force F-18

F-35 Supplier in Israel Delivers First Advanced Composite Component

China's MA60 planes in spotlight after safety incidents

Oil down in Asia on China growth concerns

Boeing aviation forecast sets scene for crowded skies

Shale resources add 47% to global gas reserves: US EIA

India commissions its first Pilatus aircraft

Israel gets ready for F-35s and KC-135s

Oil prices drop on China demand concerns

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