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NASA halts shuttle launch because of gas leak
NASA has postponed the launch of space shuttle Discovery because of a gas leak.
USATODAY

Global Resource Corp: Global Resource Corp. Appoints William Kalp as Director of Marketing
WEST BERLIN, NJ (MARKET WIRE) Global Resource Corp. (PINKSHEETS: GBRC), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, today announced that the company has hired Mr. William Kalp as Director of Marketing. Mr. Kalp joins the company at the critical time as Global Resource is pursuing multiple opportunities for the sale of its microwave technology for economically converting hydrocarbons, including oil and gas, from a wide variety of sources.
Market Wire

ERHC Energy: ERHC Energy Inc. Announces Significant Progress Toward Drilling in Joint Development Zone
HOUSTON, TX (MARKET WIRE) ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced that a deepwater drill ship has been secured for the Joint Development Zone (JDZ). ERHC's announcement followed today's disclosure by ERHC's technical partner, Addax Petroleum (TSX: AXC) (LSE: AXC), that it expects to take possession of the Deepwater Pathfinder by the end of the third quarter and begin exploration in JDZ Block 4 during the fourth quarter of 2009.
Market Wire

Aptium Global: Cost Cutting Ideas From MetalMiner: Steel and Related Metal Costs in Major Capital Projects for the Oil & Gas and Petrochemical Industries
CHICAGO, IL (MARKET WIRE) Cost Cutting Ideas: Steel and Related Metal Costs in Major Capital Projects for the Oil & Gas and Petrochemical Industries, an Aptium Global and MetalMiner™ expert industry whitepaper, is now available to sourcing professionals and EPC's (Engineering, Procurement and Construction) companies at no cost on the MetalMiner(TM) website. This executive analysis covers the rationale behind persistently high metals costs in MCP expenditures and offers specific cost reduction strategies for professionals within the oil and gas and petrochemical industries.
Market Wire

Gas Leak Delays Space Shuttle Launch
NASA delayed the Wednesday night launch of shuttle Discovery by one day due a gas leak.
SPACE.com

Amazon could shrink by 85% as a result of climate change
. Scientists say 4C rise would kill 85% of the Amazon rainforest . Even modest temperature rise would see 20-40% loss within 100 yearsGlobal warming will wreck attempts to save the Amazon rainforest, according to a devastating new study which predicts that one-third of its trees will be killed by even modest temperature rises.The research, by some of Britain's leading experts on climate change, shows that even severe cuts in deforestation and carbon emissions will fail to save the emblematic South American jungle, the destruction of which has become a powerful symbol of human impact on the planet. Up to 85% of the forest could be lost if spiralling greenhouse gas emissions are not brought under control, the experts said. But even under the most optimistic climate change scenarios, the destruction of large parts of the forest is 'irreversible'.Vicky Pope, of the Met Office's Hadley Centre,, which carried out the study, said: 'The impacts of climate change on the Amazon are much worse th
Guardian

Science Back Into EPA Assessment of Climate Change Threat
U.S. EPA has added dozens of scientific accounts about global warming threats to a key document that is expected to help drive federal regulations for curbing U.S. emissions of greenhouse gases, according to an agency draft [PDF] obtained by Greenwire. [More]
Scientific American

Gas Leak Postpones Space Shuttle Launch
The leak of gaseous hydrogen occurred as the launch team was filling the external fuel tank for liftoff Wednesday night from Florida's Cape Canaveral. The seven astronauts had yet to board the spaceship. NASA is now shooting for a launch Thursday night.
NPR

Reliant, Dynegy credit risks increase as outlooks dim
Reliant and Dynegy both reported fourth-quarter losses in the past two weeks and cut their estimates for 2009 earnings before interest, taxes, depreciation and amortization. The companies, which supply power in wholesale markets without regulated rates of return, have been stung as the recession erodes energy demand and excess gas inventories weigh on prices.
Houston Chronicle

Saudis offer Asia small supply boost
Saudi Arabia surprised its Asian oil customers yesterday by saying it would maintain or slightly increase crude supplies next month, reported Reuters. The move is viewed as a further sign that Opec's most influential member will urge the group to refrain from further output cuts when it meets this weekend.
AME

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