24/7 Energy News Coverage
March 05, 2012
ENERGY TECH
BP settlement over US spill will not end legal drama
Chicago (AFP) March 3, 2012
Oil giant BP's agreement of a $7.8 billion settlement for victims of the 2010 Gulf of Mexico oil spill will not end its legal headaches or erase the disaster for some US southern coast residents. "No amount of money will bring him back anyway," Sherri Revette, whose husband, Dewey, was a driller on the Deepwater Horizon oil rig when it exploded on April 20, 2010, told AFP. "It probably got him right from the get-go," she said about her deceased husband, who was sitting almost directly over the b ... read more

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POLITICAL ECONOMY

China may target slower economic growth: media
China might set an annual economic growth target below 8.0 percent for this year, state media said Saturday, as the leaders of the world's second largest economy acknowledge it is slowing. ... more
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ENERGY TECH

India business team to visit Iran next week: export group
An Indian trade delegation will travel to Iran next week to explore "huge opportunities" created by US-led sanctions over the Islamic republic's disputed nuclear programme, an export group says. ... more
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TRADE WARS

Japan manufacturers in post-tsunami rethink
When small unheard-of factories on Japan's tsunami-hit coast were knocked out of action few people would have predicted that it would cause the global car industry to come screeching to a halt. ... 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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TRADE WARS

SciTechTalk: Risks to 'virtual wallets?'
Waving your phone at the checkout counter will make it easier than ever to pay for your puchases, but will it be safe? ... more
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ENERGY TECH

Unique salt allows energy production to move inland
Production of energy from the difference between salt water and fresh water is most convenient near the oceans, but now, using an ammonium bicarbonate salt solution, Penn State researchers can combi ... more
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ENERGY TECH

China, Taiwan slam Japan over disputed islands
China and Taiwan on Saturday criticised Japan for giving Japanese names to disputed islands in the East China Sea claimed by all three parties in a long-running diplomatic row. ... more
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TECH SPACE

New laser light source has a global market in consumer electronics
Mobile phones currently on the market are capable of showing high quality images and video, but the phones' small size sets insurmountable limits on screen size, and thus the viewing experience. ... 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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CHIP TECH

UBC researcher invents "lab on a chip" device to study malaria
University of British Columbia researcher Hongshen Ma has developed a simple and accurate device to study malaria, a disease that currently affects 500 million people per year worldwide and claims a ... more
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ENERGY TECH

Oil prices up in Asian trade
Oil prices rose in Asian trade Monday on prospects for stronger US economic growth and jitters sparked by sabre-rattling over crude producer Iran's nuclear programme, analysts said. ... more
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ENERGY TECH

Iraq says oil output tops 3 million bpd
Iraq's oil production is now over three million barrels per day (bpd), the country's deputy prime minister for energy affairs said in Baghdad on Monday. ... more
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POLITICAL ECONOMY

China cuts growth target as parliament opens
China's premier on Monday cut the economic giant's growth target to 7.5 percent for 2012 as he opened a parliament session focused on growth, stability and military might ahead of a leadership change. ... more
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TRADE WARS

China's passion for fashion on show in Paris
Chinese stars dot the front rows, a new designer from the country joins the runway calendar, and its retailers scout the city for talent: China's love affair with style is on full view at Paris Fashion Week. ... more
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BIO FUEL

Meeting biofuel production targets could change agricultural lands
Almost 80 percent of current farmland in the U.S. would have to be devoted to raising corn for ethanol production in order to meet current biofuel production targets with existing technology, a new ... more
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POLITICAL ECONOMY

China wealth fund gets $30 bn injection: report
China's $410-billion sovereign wealth fund received a $30 billion injection from the government last year, boosting its investment war chest for European assets, state media said Monday. ... more
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INTERNET SPACE

Internet muscles in on world's biggest IT fair
Internet players are set to make a big splash at the world's biggest IT fair opening in Germany Monday, likely to widen the event's appeal from a traditional devotion to pure technology. ... more
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Space News from SpaceDaily.com
Chinese researchers craft high fidelity Mars soil simulant to support future missions
Ancient river systems reveal Mars was wetter than we thought
NASA's Parker Solar Probe Snaps Closest-Ever Images to Sun
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INTERNET SPACE

Record-speed wireless data bridge demonstrated to take communications the last mile
A team of researchers in Germany has created a new way to overcome many of the issues associated with bringing high-speed digital communications across challenging terrain and into remote areas, com ... more
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SOLAR DAILY

Calyxo CdTe thin-film producer reaches efficiency of 13.4 percent
Calyxo of Bitterfeld / Wolfen-Thalheim confirms, with its innovative thin-film module, the tremendous performance potential of photovoltaic modules based on cadmium telluride technology. The C ... more
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TECH SPACE

Why spiders do not stick to their own sticky web sites
Researchers at the Smithsonian Tropical Research Institute and University of Costa Rica asked why spiders do not stick to their own sticky webs. Repeating old, widely quoted but poorly documen ... more
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INTERNET SPACE

On the path to one terabit-per-second networks
As IP traffic continues to increase and the router interface rate extends beyond 100 gigabits-per-second (Gb/s), future optical networks-ones that would achieve unprecedented speeds of 1 terabit-per ... more
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INTERNET SPACE

Graphene-based optical modulators poised to break speed limits in digital communications
In yet another astounding application of the "wonder material" graphene, scientists at the University of California, Berkeley discovered that it makes an excellent active media for optical modulator ... more
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ENERGY TECH

Listening for gas bubbles
What if we could cheaply and efficiently detect a potent new energy source, while also monitoring for environmental safety? Olivier Carriere, a physicist in the Marine Physical Laboratory at the Scr ... more
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CAR TECH

GM suspends production of electric Volt
General Motors said Friday it has suspended production of its electric Chevy Volt for five weeks in order to match supply to weak demand. ... more
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POLITICAL ECONOMY

EU clinches new pact to salvage eurozone
European leaders signed a new deal in a bid to salvage the eurozone amid continuing fears that new debt and liquidity crises could hit the region amid continuing financial and political uncertainties. ... more
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Military Space News, Nuclear Weapons, Missile Defense
China, India should work towards 'win-win' cooperation: Chinese FM
US delays Patriot arms deliveries to Switzerland in switch to Ukraine
US 'moving at haste' to get Ukraine weapons: envoy
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ENERGY TECH

Gazprom 'mulls joining Israel's gas boom'
Russia's Gazprom, the world's biggest energy conglomerate, is reportedly sending top executives to Israel to discuss a partnership in the country's offshore gas fields, a move likely to heighten tension over an energy bonanza in the eastern Mediterranean. ... more
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ENERGY TECH

Canadian oil sands majors form alliance
Major producers of Canada's controversial oil sands have formed an alliance aimed at addressing environmental challenges. ... more
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TRADE WARS

Bulgaria resumes Danube shipping after freeze
Bulgaria has reopened navigation on its stretch of the Danube after almost a month of suspended shipping after the river froze over, the transport ministry said Friday. ... more
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ENERGY TECH

Kenya launches huge port project
Kenya launched the construction of a massive port, railway and refinery Friday near a UNESCO-listed Indian Ocean island in a project it bills as the biggest ever in an African nation. ... more
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THE PITS

Mozambique blocks Rio Tinto coal barging
Mozambique's government has refused to let mining giant Rio Tinto use the Zambezi River to transport coal to the Indian Ocean for export, the deputy mining minister said on Friday. ... more
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ENERGY TECH

Pristine Norwegian fishing area divided on prospect of oil
Looking for oil outside your front door may sound exciting, but in the idyllic Arctic archipelago of Lofoten, one of Norway's best fishing areas, the prospect of the black gold has sparked heated debate. ... more
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TECH SPACE

$35 computer goes on sale in Britain
A credit-card-sized low-cost computer designed to help teach children to code has gone on sale in Britain, its developers say. ... more
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ENERGY NEWS

Panel backs carbon allowance 'set-asides'
A key European Parliament committee this week approved a measure allowing the EU to withhold carbon emission permits to prop up their market prices. ... more
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