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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.

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BMW Group Plant Landshut light metal foundry recertified by Aluminum Stewardship Initiative (ASI)

Green Car Congress

The initial successful certification in accordance with the criterion of material stewardship took place in December 2019. Sustainable extraction of raw materials and conscious use of resources play a key role for our in-house component production and our global supplier network.

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GECF: more than a quarter of 2050 natural gas supply untapped

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average economic growth rate between 2000 and 2019, continuously expanding domestic gas production, attracting investors, and enhancing knowledge and technologies exchange. As a holder of the fourth-largest volume of gas reserves worldwide, Turkmenistan has been unlocking the potential of natural gas, leading to an 11.5%

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Africa’s Electricity-Access Problem Is Worse Than You Think

Cars That Think

Global electrification has risen steadily since World War II, reaching 73 percent in 2000 and 90 percent in 2019 (the pandemic year of 2020 was the. This means that in 2019 about 770 million people had no electricity, three-quarters of them in Africa. first year in decades when the rate did not go up).

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The Seabed Solution

Cars That Think

But after raising some US $686 million , building three large undersea drilling robots, and securing a license to mine the seabed off Papua New Guinea, Nautilus went bankrupt in November 2019. When it ceased operations, it hadn’t mined any metal ore at all. The Metals Company, too, faces headwinds.

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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

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million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. operated a global commodity trading business, which included trading in fuel oil.