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

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis. Minister Paradis.

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11 more GM facilities worldwide go landfill-free; total up to 122

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Colmotores Assembly (Colombia). Colmotores Assembly in Colombia launched awareness campaigns that engaged employees in reducing waste and sorting it correctly. All of these facilities treat their waste as resources out of place and employ a number of methods to give them a second or third life. Joinville Engine (Brazil).

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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The use of compressed or liquefied natural gas as a fuel for vehicles could help to displace oil and reduce greenhouse gas emissions, but to a limited extent because of the high cost of converting vehicles to use these fuels. The US currently consumes around 22 Tcf per year and has a gas resource base now thought to exceed 2,000 Tcf.

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USDA and DOE award $12.2M to 10 research projects to accelerate bioenergy crop production and spur economic impact

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The potential benefits of this research range from decreasing oil consumption to increasing options for American farmers. Stephen Kresovich, University of South Carolina, Colombia. Quantifying Phenotypic and Genetic Diversity of Miscanthus sinensis as a Resource for Knowledge-Based Improvement of M. x giganteus (M. sinensis x M.

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Petrobras Biocombustível To Invest US$2.4B in Biodiesel and Ethanol Production

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The total resources represent an 87% increase compared to the previous business plan. Abroad, meanwhile, an ethanol production unit is under analysis for Colombia. This investment is part of a total of $2.8 Petrobras also earmarked US$530 million for biofuel research in the period.

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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

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Fats and greases and inedible oils are opportunity feedstocks, but the US supply of fats and greases is probably on the order of less than 10 million barrels, closer to 1-2 million barrels on an annual basis. Really the question is can the feedstocks be procured at a price competitive to petroleum oil. Earlier post.)

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