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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

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11 more GM facilities worldwide go landfill-free; total up to 122

Green Car Congress

Colmotores Assembly (Colombia). Colmotores Assembly in Colombia launched awareness campaigns that engaged employees in reducing waste and sorting it correctly. Reuse: Grand Rapids Operations’ in-house oil recycling saves GM $1.2 It recycles and reuses every gallon of oil it buys from a refinery several times.

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Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

Green Car Congress

The leading manufacturer of opposed-piston engines, Fairbanks Morse Engine (FME), an EnPro Industries company, has signed a joint development and licensing agreement with Achates Power, Inc., After more than 4,500 hours of dynamometer testing, the company has demonstrated brake thermal efficiency of 47.8% Click to enlarge.

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