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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. Nexen’s other international activities will be maintained as planned. It is the second-largest oil producer in the UK North Sea.

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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

AC Transit’s BRT will operate between downtown Oakland and San Leandro—primarily utilizing historic International Boulevard and East 14 th Street. The first project, which has been completed, was a prep work project to relocate sewer and water lines typically adjacent to future station locations.

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Increase in US rig count will not cap oil prices

Green Car Congress

Besides massive futures trading, the other factors affecting WTI include the value of the US dollar (it rises and WTI falls), OPEC production, world oil demand, North American and US storage, Iranian crude embargoes, and periodic and unplanned supply disruptions from everywhere from Libya to Nigeria to Fort McMurray.

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This Rice University Professor Developed Cancer-Detection Technology

Cars That Think

Providing cancer care to underserved communities Richards-Kortum became interested in developing technology for underserved communities in Africa in 2006 after attending the opening of the Baylor International Pediatric AIDS Initiative clinic in Lilongwe, Malawi. The experience changed her life, she says.

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IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

Green Car Congress

The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40.

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TUM, partners to present electric aCar prototype at IAA; transport for sub-Saharan Africa

Green Car Congress

Researchers at the Technical University of Munich (TUM) and partners will present their new prototype of an electric four-wheel drive utility vehicle designed for Africa—the aCar — at the International Motor Show (IAA) in Frankfurt next month. to set up a mobile physician’s office or a water treatment station.

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