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UK, Iran team develops new materials to improve enhanced oil recovery

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A new class of materials which are suitable agents for displacing oil in enhanced oil recovery operations has been developed by scientists at Swansea University (UK) and scientists at Islamic Azad University in Iran. There, they used a 5-spot glass micromodel to evaluate the suitable agents for oil displacing in EOR. 7b01675.

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DOE to award up to $12.4M to 11 projects focused on shale gas and enhanced oil recovery

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 The selections include $10.3 The selections include $10.3

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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

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(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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Not So Prolific: US Shale Faces A Reality Check

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The collapse of oil prices has forced the US shale industry to slash production costs. In other words, about three-quarters of the cost reductions have come from trends that will not ultimately improve the overall recovery of oil. Even if production is to continue to rise, it will require steadily higher crude oil prices.

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