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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

Green Car Congress

BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. In October, Wintershall also substantially expanded its production and reserves of oil and gas in the North Sea through an asset swap with Statoil. billion barrel of oil equivalent. This is equivalent to a total of 2.4

Gas 218
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Sinopec buying Canadian oil and natural gas producer for C$2.2B; Duvernay shale play

Green Car Congress

a Canadian intermediate oil and liquids-rich natural gas producing company with a suite of resource assets in Western Canada, for approximately C$2.2 In addition, Daylight has been actively drilling light oil in. Duvernay rights in Alberta, which the company believes are prospective for oil and liquids rich natural gas.

Oil 170
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Obama Administration Opens Up Oil and Gas Development and Exploration in Gulf of Mexico, Atlantic and Arctic

Green Car Congress

The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. Secretary Salazar.

Obama 170
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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

Oil-Sands 218
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EV myths busted: Are electric vehicles safer than gas-powered cars?

Drive Electric

Lithium-ion batteries produce harmful fluoride gas when on fire, burn for longer, and are more difficult to put out than fossil-fueled fires. Because ICEVs are operated with a mixture of flammable fuel and hot oils, they pose a major fire risk. fires per 100,000 sales. This is strikingly lower than 1,528 ICE fires per sale.

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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

The combined company will be the largest owner and operator of natural gas pipelines and storage assets in North America with approximately 67,000 miles of natural gas transportation pipelines. million barrels per day of gasoline, jet fuel, diesel, natural gas liquids and crude oil through more than 8,000 miles of pipelines.

El Paso 225
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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

What was the most fuel-efficient (mass-produced, internal combustion-powered, highway-legal, non-gray-market, four-wheeled, et freakin' cetera) new car available in the United States during the 1980s? If you want to be picky, the 198 6 Sprint ER was the gas-mileage king of 1980s America, rated at 44 city and 53 highway miles per gallon.

Chevrolet 105