Energy XXI to Buy Mitsui Oil Stakes for $283 Million

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The company owns a stake in a former Exxon Mobil Corp. field that partner McMoRan Exploration Co. last year said may hold billions of barrels of oil.

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PetroChina: Potential Opportunity to Participate in China's Economic Recovery

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company after Exxon Mobil (NYSE: XOM). Sales of refined products accounted for 80 percent of PetroChina's revenue in 2008 and oil exploration the rest.

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Self-healing engine oil

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tce today

Lubricant oils such as engine oil often contain polymer additives, which can modify viscosity, reduce wear, or give anti-corrosion properties, amongst other

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SEC oil reserves reporting revised

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Mined bitumen, for example, can now be listed, either as bitumen or – if the company is upgrading it – as synthetic oil. Whereas the old guidelines focused

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Electric Cars – Auto Industry Scourge

Electric Cars – Auto Industry Scourge

With this new push toward more electric vehicles in order to save our planet from the phantom nemisis (Man Made Global Warming), I’ve begun to think more about just what this new trend could mean to the US and the world as a whole.

Clearly, the push in this direction is related to the elimination of vehicle emissions that results when a “gas guzzler” is traded in for one of these new “go green clean machines”. And, anyone with half a brain can see that an electric car will, in fact, produce less emissions than a gas powered car.

However, a person with full and complete access to the true mental capacity of a WHOLE brain can see the many fallacies that exist in this argument.

Electric Vehicles Save Money

This is patently false on numerous levels. First and foremost, the vehicles are too expensive to begin with (even with thousands in government provided tax incentives to consumers AND billions in government monies provided to car companies for development of these technologies). The additional premium that an individual will pay for one of these vehicles over and above what they would have paid for a comparable gas powered vehicle is, astronomical.

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Iraq Postpones Key Oil Field Deals Decision -Cabinet Official

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Another decision to approve an initial agreement for the super-giant West Qurna-1 oil field signed with Exxon Mobil Corp. (XOM) and Royal Dutch Shell PLC

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