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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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Joint Review Panel Gives Go-Ahead to Mackenzie Gas Project in Canada

Green Car Congress

The parties proposing to develop the Mackenzie Gas Project are: Imperial Oil Resources Limited (IORL); Imperial Oil Resources Ventures Limited (IORVL); Shell Canada Limited as managing partner of Shell Canada Energy; ConocoPhillips Canada (North) Limited and ConocoPhillips Northern Partnership; ExxonMobil Canada Properties; and.

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Ford puts the pedal down on performance … but not with electric drive technology right now

Green Car Congress

Ford’s turbocharged, direct-injection EcoBoost technology is available in every new Ford car, utility and light-duty pickup in North America beginning this year. This configuration significantly reduces seating hardware and weight, and provides a consistent and direct sensory connection to the chassis. —Raj Nair.

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Chevrolet introduces new Cruze; new 1.4L EcoTec turbo, new 1.6L diesel coming to US in 2017

Green Car Congress

The new Cruze will be offered in more than 40 global markets and goes on sale first in North America in early 2016. turbocharged direct injection engine (for North America) helps enable a General Motors-estimated 40 mpg (5.88 Variable-flow oil pump enhances efficiency. A new, standard 1.4L turbo and Ecotec 1.5L

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