24/7 Energy News Coverage
August 10, 2011
ENERGY TECH
Falklands' new oil find seen as viable
Stanley, Falkland Islands (UPI) Aug 9, 2011
The latest offshore oil discovery in the Falkland Islands waters is seen as a viable proposition, encouraging news for investors who have staked millions into developing the British overseas territories as a major energy hub. Rockhopper Exploration, one of the prospecting firms with financial interests closely tied to British investors, said its latest drilling yielded oil that could lead to the area becoming an economically feasible oil province. The drilling was conducted west of a wel ... read more

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AEROSPACE

Model will help monitor airport security
A statistical model of daily operations of general aviation airports may help show unusual activity that could suggest a security threat, U.S. researchers say. ... more
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TRADE WARS

China's surplus leaps as July exports hit new high
China's politically sensitive trade surplus expanded to $31.48 billion in July as exports rose by a fifth to hit a new record high, the customs agency said Wednesday. ... more
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AEROSPACE

Cathay Pacific first-half net profit falls 59%
Cathay Pacific on Wednesday said net profit tumbled in the first six months of the year but added it would push on with its expansion plans by ordering 12 aircraft from Boeing worth more than $3 billion ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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CIVIL NUCLEAR

Germany's EON hit by historic quarterly loss, plans job cuts
Germany's biggest energy group, EON, reported Wednesday its first quarterly loss ever as government plans to abandon nuclear energy forced a restructuring plan that could affect up to 11,000 jobs. ... more
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POLITICAL ECONOMY

Asia faces tougher battle in new world slowdown
Asian economies still scarred by the 2008 world recession are likely to have a harder time grappling with a new round of turmoil than they did three years ago, regional analysts said. ... more
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CAR TECH

China auto sales up 2.2% in July
Auto sales in China, the world's largest car market, grew 2.2 percent year-on-year in July to 1.28 million units, state media reported Wednesday. ... more
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ENERGY TECH

Fusion diagnostic developed at PPPL sheds light on plasma behavior at EAST
An instrument developed by researchers at the U.S. Department of Energy's Princeton Plasma Physics Laboratory (PPPL) has enabled a research team at a fusion energy experiment in China to observe--in ... more
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24/7 News Coverage
BAE Systems completes delivery of NOAA and NASA space weather satellites for fall launch
Building blocks of life found in distant star system suggest origins in interstellar space
Deep-sea fish confirmed as a significant source of ocean carbonate
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ENERGY TECH

Shake, rattle, roll -- and make energy
Sensors vital for the operation of modern automobiles could harvest power from road vibration instead of needing external power sources, U.S. researchers say. ... more
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POLITICAL ECONOMY

Economics behind Britain's fires?
Large portions of London and other British cities are continuing scenes of raging, mindless violence amid the worst wave of rioting in recent European history. ... more
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ENERGY TECH

Russia considers North Korean pipeline
Russia is having discussions with North Korea to build a pipeline across the country to supply Siberian natural gas to South Korea. ... more
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ENERGY TECH

Sudan grants China oil exploration licence
Sudan has granted a petroleum exploration licence to China, Foreign Minister Ali Ahmed Karti said after his visiting Chinese counterpart Yang Jiechi and President Omar al-Bashir held talks in Khartoum. ... more
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POLITICAL ECONOMY

China urges 'concrete and responsible' actions on debt
China's Premier Wen Jiabao on Tuesday called on "relevant nations" to take "concrete and responsible fiscal and monetary policies" to restore the confidence of global investors. ... more
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POLITICAL ECONOMY

Recession threats, market havoc face Fed
New recession worries and market havoc posed the toughest challenge yet this year for the US Federal Reserve as its policy board met Tuesday holding a near-depleted box of stimulus tools. ... more
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POLITICAL ECONOMY

China inflation hits three-year high
China said Tuesday its politically sensitive inflation rate hit a more than three-year high in July while other data indicated its attempts to cap rising prices was sapping economic growth. ... more
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CIVIL NUCLEAR

Japan's TEPCO logs $7.4bn quarterly loss
The operator of Japan's crippled Fukushima nuclear plant, Tokyo Electric Power Company (TEPCO), Tuesday reported a first-quarter loss of $7.4 billion following the March radiation disaster. ... more
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Space News from SpaceDaily.com
Russian space chief to meet NASA head for first time in eight years
BlackSky to supply satellite imagery and analytics for Latin American security operations
Cascade raises 59M to develop full stack satellite communications platform
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ENERGY TECH

Vietnam slams China sea survey in disputed area
Vietnam has accused Beijing of violating its sovereignty with a scientific survey in waters around two disputed island chains in the South China Sea, the foreign ministry said. ... more
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ENERGY NEWS

Iraq power plans short-circuit
Mismanagement and bureaucratic deadlock in Iraq's electricity ministry have short-circuited a quick-fix plan for some 50 power plants to alleviate the country's severe power shortage, officials say. ... more
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BIO FUEL

Ethanol-loving bacteria accelerate cracking of pipeline steels
U.S. production of ethanol for fuel has been rising quickly, topping 13 billion gallons in 2010. With the usual rail, truck and barge transport methods under potential strain, existing gas pipelines ... more
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CHIP TECH

Engineers solve longstanding problem in photonic chip technology
Stretching for thousands of miles beneath oceans, optical fibers now connect every continent except for Antarctica. With less data loss and higher bandwidth, optical-fiber technology allows informat ... more
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ENERGY NEWS

Boeing And Siemens Form Strategic Alliance for DOD Energy Modernization
Boeing and Siemens have announced a strategic alliance for the joint development and marketing of "smart grid" technologies to improve energy access and security for the U.S. Department of Defense ( ... more
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SOLAR DAILY

Solar use in Sydney soars
Beset by rising consumer energy prices, consumers in Sydney, Australia's most populous city, are looking to solar energy. ... more
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ENERGY TECH

UN oil devastation report to be taken 'seriously': Shell
Shell's managing director in Nigeria on Monday pledged the oil giant would take "seriously" a UN study on unprecedented pollution, but reiterated that the company was not to blame for most spills. ... more
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WIND DAILY

Scotland offshore wind farm ready to go
Developers of the long-planned, $246 million European Offshore Wind Deployment Center say they're ready to begin construction in Scotland. ... more
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Military Space News, Nuclear Weapons, Missile Defense
North Korea warns US against pushing it to give up nukes
Iran vows stronger response if attacked again by US, Israel
Ukraine says Russian attacks targeted western city, home to airfield
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TRADE WARS

Russia to beat Canada in Arctic shipping: France
Russian Arctic shipping routes would attract more traffic than Canada's Northwest Passage - both made increasingly accessible by melting polar ice - a French envoy predicted Monday. ... more
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TRADE WARS

China vows to keep up support for Sudan
China's Foreign Minister Yang Jiechi on Monday pledged his country's political and economic support for Sudan and pressed Khartoum to build good ties with the south, where it also has major investments. ... more
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TRADE WARS

Hong Kong gears up for landmark labour case
Hong Kong is set to hear later this month a Filipino domestic helper's legal bid for permanent residency in the southern Chinese city, in a landmark case that has sparked heated debate. ... more
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TECH SPACE

Taiwan unveils eco-friendly rewritable 'paper'
A group of Taiwan scientists have developed an environmentally friendly form of rewritable electronic paper that works without electricity. ... more
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CIVIL NUCLEAR

Jordan to name nuclear plant builder in November
Jordan said on Monday it will announce in November the firm it has chosen to build the parched kingdom's first nuclear plant to meet growing energy needs and desalinate water. ... more
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CAR TECH

University of Virginia researchers uncover new catalysis site
Mention catalyst and most people will think of the catalytic converter, an emissions control device in the exhaust system of automobiles that reduces pollution. But catalysts are used for a br ... more
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POLITICAL ECONOMY

West 'ignoring responsibility' on debt: China
China accused Western nations Monday of putting the global economic recovery at risk by "ignoring their responsibility", in an editorial published days after an unprecedented US credit rating downgrade. ... more
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CHIP TECH

Breakthrough in photonic chip research paves way for ultrafast information sharing
Researchers at the California Institute of Technology and the University of California, San Diego have discovered a way to prevent light signals on a silicon chip from reflecting backwards and inter ... more
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