24/7 Energy News Coverage
January 26, 2012
ENERGY TECH
Libya boosts oil output but dangers lurk
Tripoli, Libya (UPI) Jan 25, 2012
Two major oil companies in Libya say they expect to restore their pre-war production levels by the end of the month, just in time to help pick up the slack for energy-hungry Europe if Persian Gulf crude supplies are cut off in the confrontation between Iran and the West. Other firms make equally optimistic forecasts as damage to the oil industry is repaired. But the security situation in the North African state five months after the overthrow and death of longtime dictator Moammar Gadhaf ... read more

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TRADE WARS

Argentine government, importers on warpath
Argentina's government and importers are on the warpath after President Cristina Fernandez de Kirchner slapped new taxes on the traders and refused to budge in the face of furious demands for change. ... more
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ENERGY NEWS

India fails to meet electricity targets
India is likely to miss its electrical power capacity addition target for the five-year plan that ends this year, a government official said. ... more
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CAR TECH

Toyota confirms loss of No. 1 carmaker spot
Toyota Motor confirmed Wednesday that its world group sales fell below the eight million mark in 2011, losing the firm its number one spot in the global carmakers' league. ... 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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ENERGY TECH

Russia to double Azerbaijan gas imports
Azerbaijan said this week it has struck a deal with Moscow to double the amount of Caspian Sea natural gas exported to the Russian energy monopoly Gazprom. ... more
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ENERGY TECH

China increases stake in Australia LNG
Chinese oil giant Sinopec has finalized a $1.1 billion deal to increase supply and raise its equity in the Australia-Pacific LNG project in Queensland. ... more
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ENERGY TECH

Falklands oil quest draws U.S. investor
The Falkland Islands' search for oil in challenging offshore conditions in the South Atlantic is drawing interest from U.S. investors, giving the islanders hope a potential deal could offer some insurance against Argentine claims on the British overseas territory. ... more
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ENERGY TECH

South Sudan and Kenya sign oil pipeline deal
South Sudan signed an agreement with Kenya to build an oil pipeline to a Kenyan port, potentially freeing it from reliance on its northern neighbour Sudan, officials said Wednesday. ... more
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24/7 News Coverage
New deep sea mining rules lack consensus despite US pressure
Lightning strikes kill 33 people in eastern India
From Antarctica to Brussels, hunting climate clues in old ice
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ENERGY TECH

ConocoPhillips to pay 1 bln yuan for oil spill: govt
China's agriculture ministry said Wednesday ConocoPhillips had agreed to pay one billion yuan ($158 million) in compensation for damages caused by a huge oil spill in the nation's northeast. ... more
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INTERNET SPACE

Google revising privacy policies, data use
Google said Tuesday it is revising its privacy policies and changing how it uses data from users of its services to provide more personalized search results and advertisements. ... more
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INTERNET SPACE

New Yahoo! CEO promises action after poor quarter
Yahoo!'s brand new chief executive Scott Thompson promised urgent action to turn the company around on Tuesday after it reported another quarter and year of falling income and profits. ... more
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TRADE WARS

US to step up trade pressure on China: Obama
US President Barack Obama said Tuesday he would step up pressure on China and other countries that unfairly subsidize exports and ship pirated goods to the United States. ... more
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ENERGY TECH

Hormuz closure would send oil prices soaring: IMF
Any blockade of the strategic Strait of Hormuz by Iran would send oil prices soaring by more than $30 a barrel, the IMF said in a report released Wednesday. ... more
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TECH SPACE

iPhone sales drive record quarter for Apple
Apple blew past forecasts and reported record quarterly net profit and revenue on Tuesday in the first quarter since the death of founder Steve Jobs, driven by strong sales of the new iPhone. ... more
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TRADE WARS

Japan posts first annual trade deficit in 31 years
Japan announced its first annual trade deficit for more than 30 years on Wednesday after the March quake-tsunami and strong yen hit exports in 2011, while high fuel costs pushed up import bills. ... more
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TECH SPACE

Netflix gains subscribers, shares surge
Netflix shares surged in after-hours trading Wednesday after the US video service announced earnings better than expected by analysts and that it gained subscribers in the fourth quarter. ... more
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Space News from SpaceDaily.com
Flexible Payload Interface for Spacecraft
Boeing looks for Starliner fixes despite costs, ISS age
SpaceX sends Starlink satellites to polar orbit in late night launch
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ENERGY TECH

Republican pipeline bill raise legal questions: US official
A senior US official said a Republican bill to deny US President Barack Obama the right to decide on the construction of an oil pipeline from Canada raises "serious" legal questions. ... more
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ENERGY TECH

Obama vows no backing down on clean energy
President Barack Obama on Tuesday pledged that he would not back down on efforts to boost clean energy, warning that the United States risked being left behind by China and Germany. ... more
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INTERNET SPACE

Megaupload's Kim Dotcom denied bail in New Zealand
Megaupload boss Kim Dotcom will stay behind bars awaiting possible extradition to the United States after a New Zealand judge Wednesday said the Internet millionaire poses a serious flight risk. ... more
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TRADE WARS

Peru brings in consultants on future of huge mine
Peru brought in three foreign consultants to make recommendations on a $4.8-billion mining project that sparked violent protests before the government put it on hold, Prime Minister Oscar Valdes said Tuesday. ... more
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CIVIL NUCLEAR

US changes tack on nuclear deals: newspaper
The Barack Obama administration has shifted policy on planned international nuclear cooperation agreements by withdrawing a demand that Jordan and Vietnam give up their rights to produce nuclear fuel, a newspaper reported Tuesday. ... more
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CHIP TECH

Researchers Devise New Means For Creating Elastic Conductors
Researchers from North Carolina State University have developed a new method for creating elastic conductors made of carbon nanotubes, which will contribute to large-scale production of the material ... more
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ENERGY NEWS

Converteam Acquisition Launches GE into the $30 Billion Power Conversion Market
Don Quixote in his madness tilted at windmills but wind turbines also exhibit their own kind of capricious behavior. In a wind gust they spin away, churning kilowatts of electricity. But in a breeze ... more
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SOLAR DAILY

Mortenson Construction to build 2.4 MW Solar Project in North Carolina
Mortenson Construction has announced their selection as EPC contractor by San Francisco-based MP2 Capital, a leading developer, financier and operator of solar facilities throughout North America, t ... more
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Military Space News, Nuclear Weapons, Missile Defense
Syrian troops move into Suwayda as violence continues
32 killed near Gaza aid sites, Hamas-run Health Ministry says
Ukraine's Zelensky seeks cease-fire meeting next week
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WIND DAILY

Natural Power appointed as Owner's Engineer on 20.5MW Sixpenny Wood wind farm
Leading international renewable energy consultancy group Natural Power has been appointed as Owner's Engineer at Sixpenny Wood wind farm for AES Wind Generation, a subsidiary of the energy company A ... more
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SOLAR DAILY

DuPont and Yingli Collaborate on High Efficiency Solar
DuPont Photovoltaic Solutions (DuPont) and Yingli Green Energy Holding are collaborating to advance technology for higher efficiency solar cells, new module manufacturing processes and innovative co ... more
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ENERGY NEWS

Use and Capacity of Global Hydropower Increases
Global use of hydropower increased more than 5 percent between 2009 and 2010, according to new research published by the Worldwatch Institute for its Vital Signs Online publication. Hydropower use r ... more
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ENERGY NEWS

Geothermal Energy Finance Forum calls for new approaches
Two hundred leaders from the geothermal industry, the finance community and government agencies met yesterday at the Geothermal Energy Association (GEA) fourth annual Finance Forum, held at the Marr ... more
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SOLAR DAILY

Southern Energy Management Builds Large Solar Array For IDEAL Fastener
Southern Energy Management (SEM) is helping the world's second largest zipper manufacturer with sustainability efforts by installing its first solar array. IDEAL Fastener Corporation hired SEM to de ... more
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BIO FUEL

Obey optimises bioenergy yield
Since the global increase in energy use is showing few signs of slowing down, sustainable energy solutions have to be developed. For this reason, the energy of biomass has to be used more widely and ... more
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ENERGY TECH

EU oil ban on Iran raises gulf war danger
The European Union's decision to impose an embargo on Iran's oil exports is seen by Tehran as a virtual declaration of war, increasing the prospects of conflict in the strategic Persian Gulf. ... more
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ENERGY TECH

Caspian exemption from sanctions sought
British officials and energy multinational BP say they have lobbied the U.S. government to exempt a major Caspian Sea gas field from new sanctions imposed on Iran. ... more
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