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Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

Green Car Congress

The benefits of two-stroke, opposed-piston designs are well-known: fewer moving parts, less maintenance and reduced operating costs. After more than 4,500 hours of dynamometer testing, the company has demonstrated brake thermal efficiency of 47.8% while meeting the most stringent, global vehicle emissions standards.

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

Nexen has a joint venture shale gas project in Poland and is exploring for shale gas in Colombia. The transaction will be funded by CNOOC Limited’s existing cash resources and external financing. The two companies has finalized a joint venture for deepwater exploration in the Gulf of Mexico in 2011. Earlier post.). OPTI Canada Inc.

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