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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

Oil 186
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources. In Kecskemét (Hungary), a second plant under construction will be CO 2 -neutral. This includes optimized resource consumption through the most efficient use of energy and heat.

Germany 170
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

Russia’s energy resources are enormous and Europe’s dependence on them is deep and pervasive. But Russia’s importance as an exporter of natural resources goes far beyond hydrocarbons. The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture.

Ukraine 119
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

Cost Of 150
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. This "human resource advantage" is "the most important part" of BYDs strategy, Wang says. operations are small - about 20 people work in a sales and marketing outpost in Elk Grove Village, Ill.,

BYD 62