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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

Nexen has major positions in three of the world’s most significant conventional basins: the UK North Sea, Offshore West Africa and the deep-water Gulf of Mexico. Shale gas : Shale gas is expected to be a source of growth for Nexen in the future. It is the second-largest oil producer in the UK North Sea. Nexen also has a 7.23%.

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Ford Sustainability Report details pilot program in South Africa to deliver health care, education

Green Car Congress

A new Ford Motor Company pilot program aims to enhance mobility health services in rural areas of South Africa and Nigeria. The 2015-16 Sustainability Report highlights key environmental benchmarks and the ongoing work of the automaker, including its expanded focus beyond vehicle production to developing mobility solutions for the future.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

At present, the main issue being reported on is that there has been corrosion of the water injection system, which is used to keep pressure in the reservoir. The current reports are not really worrying, as corrosion control in a water injection system is only a technical challenge.

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AC Transit Board greenlights a $108M, 9.5-mile infrastructure project for first Bus Rapid Transit line; diesel-hybrid buses

Green Car Congress

The first project, which has been completed, was a prep work project to relocate sewer and water lines typically adjacent to future station locations. The construction of the BRT was planned in three distinct projects. Its capital city was bursting at its seams and needed a cost-effective way to move the estimated 1.7

Oakland 150
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State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

Green Car Congress

Oil sands comprise clay, sand, water, and bitumen. Dilbit is also processed to remove sand, water, and other impurities. The top four suppliers were Mexico, Venezuela, Saudi Arabia, and Nigeria. Market conditions, noted the EIS, not the operator of the pipeline, would determine the refining locations of the crude oil.

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Increase in US rig count will not cap oil prices

Green Car Congress

To this writer the most meaningless indicator of the future of world oil prices has been the weekly US oil rig count published by Baker Hughes and opined upon regularly by oil analysts and writers since late 2014. This modest uptick in the rig count once again caused concern and prognostication on the future of oil prices.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric NZ

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. There are two main sources of lithium in the world; hard rock mines and brine water. THE BOTTOM LINE.