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Woodside abandons key project Leviathan

2014-05-21 07:50:09| Oil & Gas - Topix.net

Woodside Petroleum has abandoned a $US2.7 billion gas deal in Israel, one of the company's two major long-term growth prospects.

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Toyota abandons Teslas EV tech, will push hydrogen fuel cell vehicles instead

2014-05-14 15:18:49| Extremetech

In the wake of the auto industry collapse in 2010, Toyota made a move that many industry watchers applauded. It partnered with electric vehicle maker Tesla to incorporate its battery technology into future Toyota cars and SUVs. Tesla was seeing success in a very niche market with its Tesla Roadster, so it seemed like a safe bet for the Japanese company to bring it to the mainstream. Four years and one spectacularly failed vehicle later, Toyota is throwing in the towel on pure electric vehicles in favor of hydrogen fuel cells.

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United Kingdom: Energy company abandons South Downs fracking plans

2014-05-12 17:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Anti-fracking campaigners have claimed victory after an energy company abandoned its plans to drill beneath their homes in the South Downs national park. Celtique Energy has told residents it will not drill horizontally under their land, though it will push ahead with a vertical well at its own site. The development, which followed a "legal blockade" by the local landowners around the site, is the latest in a growing controversy over underground drilling for shale gas. However the landowners'...

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