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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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Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. 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.

Oil 186
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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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Energy Secretary Steven Chu wrote an editorial for the 25 September 2009 special issue of the journal Science on carbon capture, in which he addressed the magnitude of the challenge. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. DOE Share: $540,000).

Carbon 210
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Perspective: The UN Approval Process for Carbon Offsets

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According to a report by the UN’s Intergovernmental Panel on Climate Change, the margin of error in measuring emissions by DOEs can be as high as: 10% for the cement and fertilizer industries; 60% for the oil, gas, and coal industries; and. United Nations Climate Change Conference Copenhagen 2009. Donovan (20 December 2009).

Carbon 255
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Perspective: The Role of Offsets in Climate Change Legislation

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coal-fired power plants) would either be required by the emissions cap. Methane (CH 4 ) emissions from landfills, livestock operations, or coal mines (GWP = 25). Congressional Budget Office‚ The Use of Offsets to Reduce Greenhouse Gases , by Natalie Tawil, Economic and Policy Brief, August 3, 2009. Donovan (December 20, 2009).

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DOE to Award $106M to Six CO2 Conversion Projects; $156M in Matching Private Funding

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The six projects were initially selected for a first-phase funding in October 2009 as part of a $1.4 Triadelphia, WV) This project will pilot-test an open-pond algae production technology that can capture at least 60% of flue gas CO 2 from an industrial coal-fired source to produce biofuel and other high value co-products. Alcoa, Inc.

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DOE Awards $377 Million in Funding for 46 Energy Frontier Research Centers

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With the initiation of the EFRCs in April 2008, the Department of Energy (DOE) budgeted approximately $100 million for multiple EFRC awards starting in FY 2009. Discover, understand, and control efficient chemical pathways for the conversion of coal and biomass into chemicals and fuels. Louisiana State University.

Energy 150
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Renergie was formed for the initial purpose of raising capital to develop, construct, own and operate a decentralized network of ten modular-designed small advanced biofuel manufacturing facilities (SABMFs) in the parishes of the State of Louisiana which were devastated by hurricanes Katrina and Rita. ]. Donovan, CEO of Renergie, Inc.