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Total to Acquire UTS Corporation and Its 20% Interest in Fort Hills Oil Sands Project for C$1.15B

Green Car Congress

a Total subsidiary, has signed an agreement with UTS Energy Corporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oil sands mining project in Alberta, Canada. per share) the cost of the acquisition for Total amounts to approximately CAD 1.15 Total E&P Canada Ltd.,

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KLM launching regular commercial flights Amsterdam – Paris on biofuel blend in September; Dynamic Fuels producing the bio-kerosene (HRJ) from used cooking oil

Green Car Congress

Dynamic Fuels will use Syntroleum’s Bio-Synfining process to hydrotreat the used cooking oil to produce renewable jet. The biofuel will be produced from used cooking oil by Dynamic Fuels at its Geismar plant and supplied by SkyNRG, the consortium launched by KLM and North Sea Group and Spring Associates in 2009. Click to enlarge.

Oil 239
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Toyo and MODEC commit several million dollars more to Oxford Catalysts to accelerate commercial readiness for offshore GTL

Green Car Congress

Toyo Engineering Corporation and MODEC, Inc. have committed several millions dollars of additional funds to Oxford Catalysts Group PLC, which is focused on the emerging market for distributed smaller scale production of synthetic oil via Fischer-Tropsch synthesis. Earlier post.). In 2008, Kobe Steel Ltd.

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Suncor targeting 1M barrels per day by 2020, some 80% from oil sands; new strategic alliance with Total

Green Car Congress

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

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General Synfuels to Test In-Situ Oil Shale Gasification Technology in Wyoming and Colorado

Green Car Congress

has secured an exploration agreement for lands in Wyoming and rights to a separate oil shale resource opportunity in Colorado. Collectively, the agreements will allow the company to test and develop the company’s in situ superheated air gasification process to recover hydrocarbons from oil shale, oil sands and heavy oil.

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Why the UAW is all set to hit primary US automakers this life

Baua Electric

Shawn Fain, the combative president of the United Auto Staff union, has threatened to hit any of the 3 corporations that hasn’t reached an promise through the life its lease with the union expires at 11:59 p.m. ” These days, UAW employees who had been rented later 2007 don’t obtain defined-benefit pensions.

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CMU study concludes lithium market fluctuations unlikely to impact Li-ion battery prices significantly

Green Car Congress

A new study by a team from Carnegie Mellon University’s College of Engineering has found that even large increases in lithium prices are unlikely to increase significantly the cost of batteries or battery packs for end users such as vehicle manufactures or consumers—although some manufacturers may see reduced profit margins.

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