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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. Wintershall focuses on selected core regions, where the company has built up a high level of regional and technological expertise: Europe, North Africa, South America, as well as Russia and the Caspian Sea region.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. Current Legal Requirement for Use of Anhydrous Ethanol in the United States. SAE paper # 2007-01-2648. 40 CFR § 80.27 Pursuant to 40 CFR § 80.27(a)(2):

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Final session on international mercury convention this week expected to culminate in agreement; UNEP Global Mercury Assessment 2013 finds industrial source Hg emissions may be rising

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UNEP produced its first Global Mercury Assessment in 2002 and a subsequent study in 2007. Increasing industrialization has made Asia the main source region of mercury emissions to air, with East and Southeast Asia accounting for about 40% of the global total, and South Asia for a further 8%.

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