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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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Exxon Mobil Corporation is acquiring XTO Energy Inc. Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. in an all-stock transaction valued at $41 billion.

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New Research Alliance to Promote Low-Impact Drilling Technologies

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University of Arkansas. According to Dr. Rich Haut, manager of the Alliance and Senior Research Scientist at HARC, the goal is to fund the development of and share the latest research findings with leaders of energy, academia, environmental organizations, and government. Sam Houston State University. West Virginia University.

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DOE NETL selects 12 fossil-fuel power systems projects for funding

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The US Department of Energy’s National Energy Technology Laboratory (NETL) has selected 12 projects to receive funding through its Crosscutting Research Program’s Transitional Technology Development to Enable Highly Efficient Power Systems with Carbon Management initiative. Energy Industries of Ohio. Lead organization.

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