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Marathon acquires additional Eagle Ford Shale assets for $3.5B

Green Car Congress

Marathon Oil Corporation has reached a definitive agreement with Hilcorp Resources Holdings, LP to purchase its assets in the core of the Eagle Ford shale formation in Texas in a transaction valued at $3.5 Production expected to increase to approximately 80,000 net boe per day by 2016. —Clarence P. Cazalot Jr.,

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Idaho National Laboratory low-energy electrochemical process could eliminate need for steam cracking of hydrocarbons

Green Car Congress

A team of Idaho National Laboratory (INL) researchers, with colleagues at Georgia Tech, has pioneered an electrochemical process that could eliminate the need for high-energy steam cracking. Ethylene production is energy-intensive and uses steam-cracking—the most energy-consuming single process in chemical industry.

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