Saturday 28 May 2016

European energy market still on Putin's radar


OIL AND GAS
European energy market still on Putin's radar Moscow (UPI) May 26, 2016 - Working with the Greek government, Russian President Vladimir Putin said his country could make regional energy aspirations for Europe a possibility. Putin, before arriving in Greece later this week, published an article in the Greek daily Kathimerini that describes how the island nation could help support Russia's energy ambitions in southern Europe. "As we are aware of the Gree ... more

Trump heads to shale country


OIL AND GAS
Trump heads to shale country Bismarck, N.D. (UPI) May 26, 2016 - Republican presidential candidate Donald Trump delivers the keynote address Thursday at a petroleum conference in North Dakota, the schedule shows. Trump is the last man standing for the Republican Party's bid to reclaim the White House after two terms of Democratic control under President Barack Obama. During his tenure, Obama has embraced an "all-of-the-above" energy policy that saw t ... more

We warned you, Nigerian militant group tells Chevron


OIL AND GAS
We warned you, Nigerian militant group tells Chevron Abuja, Nigeria (UPI) May 26, 2016 - A militant group in the Niger Delta said it targeted a Chevron pipeline in the region after the company failed to heed a warning issued in mid-May. We Warned #Chevron but they didn't Listen. @NDAvengers just blow up the Escravos tank farm Main Electricity Feed PipeLine.— Niger Delta Avengers (@NDAvengers) May 25, 2016 In a May 12 statement, the Nigerian militant group warned Ch ... more

Moody's: Persian Gulf economies strained


OIL AND GAS
Moody's: Persian Gulf economies strained Dubai, United Arab Emirates (UPI) May 26, 2016 - Fiscal reforms are just part of the picture for Middle East economies working to adapt to an era of lower crude oil prices, Moody's Investors Service said. Moody's said last week the drop in crude oil prices, off more than 50 percent since the middle of 2014, has undermined the economy and finances for members of the Gulf Cooperation Council: Saudi Arabia, Kuwait, the United Arab Emirat ... more

Trump would approve Keystone pipeline blocked by Obama


OIL AND GAS
Trump would approve Keystone pipeline blocked by Obama Bismarck, United States (AFP) May 26, 2016 - Donald Trump said Thursday that if he is elected US president, he would support the Canadian Keystone oil pipeline project that was blocked by President Barack Obama on environmental grounds. He also reiterated his intention, if elected president in November, to reverse much of Obama's energy plan and to "cancel" the landmark Paris climate pact of last December. Speaking just after he wo ... more

Scientists discover methane-producing microbes in California rocks


OIL AND GAS
Scientists discover methane-producing microbes in California rocks Washington DC (SPX) May 27, 2016 - Deep in vents on the ocean floor, methane-producing microbes feed off chemical reactions between water and rock. Now evidence of this process has been found on land in a freshwater spring in California. A team of scientists report in a new study that they have found evidence of hardy, methane-producing microbes in water that surfaces from deep underground at The Cedars, a set of freshwater sprin ... more

Beijing picks London for first yuan-bond outside China


POLITICAL ECONOMY
Beijing picks London for first yuan-bond outside China London (AFP) May 26, 2016 - China's government has launched a renminbi-denominated sovereign bond in London, the first of its kind outside of the world's second biggest economy, Britain's Treasury said on Thursday. Beijing issued a bond worth 3.0 billion renminbi (RMB) ($460 million, 400 millions euros), the Treasury said in a statement. "Choosing London as the destination to issue this bond - the first Chinese s ... more

Google to open Detroit-area autonomous car center


CAR TECH
Google to open Detroit-area autonomous car center San Francisco (AFP) May 25, 2016 - Google announced plans Wednesday to open a Detroit-area technology center for its self-driving car program. The new center in Novi, Michigan, will house engineers and others testing vehicles provided by Fiat Chrysler Automobiles, a statement by Google parent Alphabet said. "For the past few years, members of our team have been working from the Greater Detroit area," the statement posted ... more

More debris found with possible MH370 link: Australia


AEROSPACE
More debris found with possible MH370 link: Australia Sydney (AFP) May 26, 2016 - Three new pieces of debris have been found in Mauritius and in Mozambique that could be linked to missing Malaysia Airlines flight MH370, Australia's transport minister said Thursday. The fate of the passenger jet, which is presumed to have crashed at sea after disappearing en route from Kuala Lumpur to Beijing with 239 passengers and crew on board in March 2014, remains a mystery. Five ... more

Microsoft-Facebook laying trans-Atlantic Internet line


INTERNET SPACE
Microsoft-Facebook laying trans-Atlantic Internet line San Francisco (AFP) May 26, 2016 - Microsoft and Facebook on Thursday announced they will work together to lay a high-speed Internet cable across the bottom of the Atlantic Ocean. A new, sub-sea "MAREA" cable was expected to be completed by late 2017, with the aim of meeting growing demand by the tech companies' customers for fast, reliable data connections. "As the world is increasingly moving toward a future based on cl ... more

Clashes as France gripped by fresh wave of strikes


POLITICAL ECONOMY
Clashes as France gripped by fresh wave of strikes Paris (AFP) May 26, 2016 - Masked youths clashed with police in Paris and striking workers blockaded refineries and disrupted nuclear power stations on Thursday as an escalating wave of industrial action against labour reforms rocked France. Police fired tear gas at around 100 protesters who broke away from a march through the capital to smash windows of shops and parked cars, an AFP reporter said, in the latest outbu ... more

Smart home gadgets need to live together


ROBO SPACE
Smart home gadgets need to live together Burlingame, United States (AFP) May 25, 2016 - Smart home technology that has long been knocking at doors will settle into the mainstream after rival gadgets and services become hassle-free guests that get along with one another, industry insiders say. While smart home offerings have been around for years, attention has been heightened by Google, Amazon and Apple maneuvering to be at the heart of managing devices capable of wirelessly ta ... more

Solar Impulse lands in Pennsylvania on record-breaking flight


SOLAR DAILY
Solar Impulse lands in Pennsylvania on record-breaking flight Washington (AFP) May 26, 2016 - The sun-powered Solar Impulse 2 aircraft landed in the US state of Pennsylvania Wednesday, completing the latest leg of a record-breaking flight around the world to promote renewable energy. After taking off from Dayton, Ohio early Wednesday, the plane piloted by Swiss explorer Bertrand Piccard arrived at 8:49 pm (0049 GMT Thursday) at Lehigh Valley International Airport after a flight that ... more

Diamonds closer to becoming ideal semiconductors


CARBON WORLDS
Diamonds closer to becoming ideal semiconductors Washington DC (SPX) May 27, 2016 - Along with being a "girl's best friend," diamonds also have remarkable properties that could make them ideal semiconductors. This is welcome news for electronics; semiconductors are needed to meet the rising demand for more efficient electronics that deliver and convert power. The thirst for electronics is unlikely to cease and almost every appliance or device requires a suite of electroni ... more

India's Indigenous IT: New Supercomputer to be Built in 2017


TECH SPACE
India's Indigenous IT: New Supercomputer to be Built in 2017 New Delhi (Sputnik) May 26, 2016 - India will produce a new generation of supercomputers under a national program by 2017. New domestic supercomputers will be created and built under the National Supercomputing Mission in India. The first one will come up by August 2017, according to Ashutosh Sharma, Secretary in the Ministry of Science and Technology. The new supercomputers will be kept in different institutes across the c ... more

Old jobs die hard in China's rustbelt


OIL AND GAS
Old jobs die hard in China's rustbelt Daqing, China (AFP) May 26, 2016 - Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China's largest oilfield epitomises Beijing's reluctance to cut jobs at loss-making state-run operations. Thousands of oil pumps painted black, yellow and red stretch to the horizon in Daqing, which has produced more than two billion tonnes of the black gold since it started flowing almost 60 years a ... more