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UT Arlington licenses technology for portable, modular GTL conversion units; targeting stranded gas

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The University of Texas at Arlington has licensed technology for converting natural gas to synthetic liquid fuels (GTL) in portable units at a cost lower than current market rates to 1 st Resource Group Inc. of Fort Worth for commercialization. 1 st Resource has partnered with UMED Holdings Inc. ,

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GM and Glencore enter multi-year cobalt supply agreement

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Lithium with Controlled Thermal Resources (CTR) to secure lithium produced by the first stage of its Hell’s Kitchen Project in California. The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas. Rare earth materials with GE, to develop a rare earth value chain.

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. Offshore Guyana, ExxonMobil has discovered recoverable resources, including current proved reserves and additional resources, estimated to be 3.2 Resource Base. Exxon Mobil Corporation added 2.7 ExxonMobil added 9.8

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

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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.

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New “50 by 50” Commission seeks to halve US transportation energy use by 2050

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Betsy Price, Mayor of Fort Worth, Texas; Gil Quiniones, President & CEO, New York Power Authority; Rhea Suh, President, Natural Resources Defense Council; Dan Turton, Vice President, North America Public Policy, General Motors; Greg White, Executive Director, National Association of Regulatory Utility Commissioners; and.

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Why Wall Street is throwing billions at the Permian

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On August 25, Blackstone Group announced its decision to inject $1 billion into Permian assets in a partnership with a Fort Worth-based affiliate of Jetta Operating Co. Also, Concho Resources announced its decision to pay $1.6 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June.

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Cummins/Peterbilt SuperTruck shows 54% improvement in fuel economy, 61% improvement in freight efficiency

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l/100 km) during testing last fall on US Route 287 between Fort Worth and Vernon, Texas. Gas flow improvements included a lower delta-P EGR loop and turbocharger match. Still to come are the 24-hour Cycle Freight Efficiency Demonstration (December 2013) and the 55% BTE scoping and demonstration (Aril 2014). Source: Cummins.

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