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BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business

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The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. BP intends to finance this deferred consideration through equity issued over the duration of the installments. On completion, $5.25

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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The number of states with geothermal projects under development also increased, from 12 to 14 over the past six months, with the addition of two oil-field co-production projects in Louisiana and Mississippi. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. A dividend would also be similar to the Alaska Permanent Fund, which returns oil-extraction royalties to Alaska residents on a per-capita basis.

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