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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

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The well results confirm a significant resource extension for the Mad Dog Field complex, which includes the existing field, in production since 2005, and appraisal drilling of the Mad Dog South field in 2008 and 2009. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6%

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BP Announces Giant Oil Discovery in the Deepwater Gulf of Mexico

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BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). The Tiber well was drilled to a total depth of approximately 35,055 feet (10,685 metres) making it one of the deepest wells ever drilled by the oil and gas industry. The well found oil in multiple Lower Tertiary reservoirs.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

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Battelle, Midwest Regional Carbon Sequestration Partnership release Phase II reports

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The focus of the overall MRCSP program is to develop a class of carbon sequestration technologies, which includes capture and storage of carbon dioxide in deep geologic structures such as saline formations, active and depleted oil and gas fields, organic rich shales, and unmineable coal seams.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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Deforestation: Wood products contributed $100 billion per year to the global economy from 2003 to 2007 and the value of non-wood forest products, mostly food, was estimated at about US$18.5 billion in 2005. Yet the OECD projects that forest areas will decline globally by 13% from 2005 to 2030, mostly in South Asia and Africa.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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FEV, Inc. to Show Full-Sized Pickup Truck with Solid SCR System for NOx Reduction

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A number of companies have investigated ammonium carbamate-based SCR systems; sublimation of the carbamate is achieved by a local heater (spray or electrically warmed oil circulation). Wiartalla (2003) A compact Solid-SCR System for NO x -Reduction in Passenger Cars and Light Duty Trucks. Resources. MTZ Worldwide. Pârvulescu.

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