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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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Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

Oil 186
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Alabama Project Testing Potential for Combining CO2 Storage with Enhanced Methane Recovery

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The targeted coal seams are in the Pratt, Mary Lee, and Black Creek Coal groups within the upper Pottsville Formation and range from 940 to 1,800 feet in depth and from 1 to 6 feet in thickness. Coal in the Black Warrior Basin has the potential to sequester 1.1 trillion cubic feet of natural gas from these coal seams.

Alabama 186
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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. Chu said that it was highly unlikely that the US, Russia, China and India, which account for two-thirds of the coal reserves, “ will turn their back on coal anytime soon.”.for At geological storage densities of CO 2 (0.6

Carbon 210
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Perspective: The UN Approval Process for Carbon Offsets

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Independent verification may be an auditing function, to assure the reality and accuracy of the carbon offset for markets (buyers and sellers), regulations (emitters and regulators), and reports (emitters and reporting organizations). Mr. Donovan drafted the “Advanced Biofuel Industry Development Initiative” for the State of Louisiana.

Carbon 255
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DOE Awards $377 Million in Funding for 46 Energy Frontier Research Centers

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US Energy Secretary Steven Chu announced the delivery of $377 million in funding for 46 new multi-million-dollar Energy Frontier Research Centers (EFRCs) ( earlier post ) located at universities, national laboratories, nonprofit organizations, and private firms across the nation. Louisiana State University. University of Arizona.

Energy 150
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Renergie was formed for the initial purpose of raising capital to develop, construct, own and operate a decentralized network of ten modular-designed small advanced biofuel manufacturing facilities (SABMFs) in the parishes of the State of Louisiana which were devastated by hurricanes Katrina and Rita. ]. Donovan, CEO of Renergie, Inc.

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

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Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. In fact, despite the seemingly complex task of implementing a U.S. Reduced Output.

Gas 244