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Occidental Petroleum Projects California Shale Development May Become Its Largest Business Unit Within 10 Years

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Occidental Petroleum, the fourth-largest US oil and gas company, based on equity market capitalization, says that within the next 10 years, its California shale development program—which currently delivers more than 25% of its California production—could become the company’s largest business unit. 1 gas producer and No. oil shale”.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Its high carbon-capture rate reduces the total amount of CO 2 emitted to the atmosphere to less than 10% of the emissions for power from a conventional coal plant, and less than 25% of those for power from a highly efficient, natural gas-fired plant, according to Summit. —Donald Hodel, Chairman of Summit Power. Earlier post.).

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

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RFS2 becomes effective on 1 July 2010. The expectation for 2010 is for the United States will produce approximately 12.0 An additional 4 billion gallons of advanced biofuels (defined by the reduction of greenhouse gas emissions by at least 50%) by 2022 is also mandated. Commercial scale algae production is not included.

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DOE to award up to $137M for SuperTruck II, Vehicle Technology Office programs

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SuperTruck II builds on the successful SuperTruck I program, which has already led to more than twenty fuel saving technologies that have reached the commercial market, said Acting Assistant Secretary David Friedman. In 2010, the Energy Department launched the SuperTruck initiative to improve heavy-duty truck freight efficiency by 50%.

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USGS boosts assessment of recoverable natural gas in Marcellus Shale by 42x from 2002; now 84 trillion cubic feet

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The Marcellus Shale contains about 84.198 trillion cubic feet (TCF) of undiscovered, technically recoverable natural gas and 3.379 billion barrels of undiscovered, technically recoverable natural gas liquids, according to a new geology-based assessment by the US Geological Survey (USGS). billion barrels of natural gas liquids.

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