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Sinopec buying Canadian oil and natural gas producer for C$2.2B; Duvernay shale play

Green Car Congress

China’s Sinopec International Petroleum Exploration and Production Corporation will purchase of all of the issued and outstanding common shares of Daylight Energy Ltd., Sinopec’s consideration offered for Daylight common shares under the purchase arrangement represents a 43.6% billion (US$2.13 billion) in cash.

Oil 170
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Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022 , which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.” with Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP serving as legal counsel.

For Sale 145
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Lordstown Motors Goes Bust

The Truth About Cars

The lawsuit against Foxconn was already known of, as Lordstown issued an announcement earlier in the month stating that the Taiwanese firm had failed to adhere to its part of their corporate agreement. “As Truth be told, it always seemed like an odd arrangement. Truth be told, it always seemed like an odd arrangement.

Motor 105
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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

Especially in this day and age of consumer mistrust of corporations, transparency is of utmost importance. According to an industry source the Wrangler traditionally has a fairly low percentage of its customers choosing to lease over buying.

Jeep 98
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How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

And in 2005, the Chinese computer maker Lenovo Group purchased IBM's PC business. Lowe's plan for the PC called for buying existing components and software and bolting them together into a package aimed at the consumer market. The product also had to attract corporate customers, although it was unclear how many of those there would be.

Personal 145
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Meanwhile, according to an AlixPartners survey of 1,000 Americans regarding their views of the US economy and their personal economic situations, 83% said they had delayed or planned to wait at least a year to buy a vehicle. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time.

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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. Perspective by Brian J. Donovan, CEO of Renergie, Inc. INTRODUCTION. Validation and Verification.

Carbon 255