Joint ventures in Qatar in which Exxon Mobil Corporation participates will start up projects over the next two years that will bring more liquefied natural gas to market than any other international oil company, Rex Tillerson, chairman and chief executive officer, said today.

Speaking at the 19th World Petroleum Congress in Madrid, Mr. Tillerson outlined the challenge of supplying growing energy needs while minimizing the impact on the environment.

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Low-Cost Fuel Cell Systems to Address Energy Security, Climate and Water Challenges

Washington, DC - The U.S. Department of Energy (DOE) has selected two projects for the Department's Solid State Energy Conversion Alliance (SECA) Program portfolio. The projects, focused on enhancing energy security through zero-emission applications, will be led by UTC Power, a United Technologies Corporation, in partnership with Delphi Corporation, and Rolls-Royce Fuel Cell Systems (U.S.) Inc. The Rolls-Royce project will include work at Ohio's Stark State College Fuel Cell Prototyping Center, which is also supported through a National Science Foundation grant.

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Norwegian business and technology students have placed StatoilHydro at the top of the list of Norway's most attractive employers.

This emerged from surveys conducted by Universum Communication. Every year the independent company asks college students with backgrounds in technology, business and IT which companies they would most like to work for.

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TNT Purchases 10,000th Unit to Reduce Carbon Emissions Resulting from Business Travel

NEW YORK AND OSLO, NORWAY, May 12, 2008 - TANDBERG® (OSLO: TAA. OL), a leading global provider of telepresence, high-definition video conferencing and mobile video solutions, today announced the shipment of its 10,000th personal telepresence unit, the TANDBERG Centric 1700 MXP, indicating rapidly growing interest in telepresence use beyond the meeting room and onto individual desktops.

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Carbon injection and storage on the Snøhvit field started in the afternoon of Tuesday 22 April.

Instead of emitting the carbon dioxide (CO2) resulting from the well stream that comes from the Snøhvit field to the air, the CO2 is reinjected into the ground and stored in a formation which lies somewhat beneath the gas-bearing formations on the Snøhvit field.

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O.K.E. Service Co. Ltd has joined the Hatteland Display worldwide service network after signing a contract with the leading marine display and computer manufacturer on 10th April 2008, at Japan's principal maritime event, the Sea Japan exhibition in Tokyo.

The agreement will see the well established marine service company performing both warranty and non-warranty service for all Hatteland Display products in Japan.

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Norway's defense industry exported more weapons last year than ever before and the country now ranks as the seventh largest weapons exporter in the world.

The country that doles out the Nobel Peace Prize every year, an award itself financed by a fortune built on explosives, logged an 18 percent increase in the value of its weapons exports.

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StatoilHydro has awarded contracts for four new supply vessels for the Norwegian continental shelf (NCS). The company used this opportunity to obtain another gas-powered vessel.

The total value of the contracts, including options, is almost NOK three billion. The vessels will be delivered in the period 2008–2011.

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By Joelle Tessler, AP Business Writer
Northrop Grumman, EADS Beat Out Boeing for Air Force Refueling Tanker Deal Worth $35 Billion

WASHINGTON (AP) -- The Air Force on Friday awarded Northrop Grumman Corp. and a European partner a $35 billion contract to build airborne refueling planes, delivering a major blow to Boeing Co.

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Sonatrach and StatoilHydro have today, 1 March, signed an agreement sealing a long-term partnership at the Cove Point receiving terminal for liquefied natural gas (LNG) in the USA.

Mr Kåre Røsandhaug (left), Country President for StatoilHydro Algeria, and Dr. Chawki Mohamed Rahal, Vice President Commercialisation of Sonatrach, signed the contract.

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Introduction
In July 2006, negotiations at the World Trade Organization's (WTO) Doha round of trade talks were suspended indefinitely. The stalemate prompted predictions that after five frustrating years, the Doha talks and the sweeping liberalizations they targeted might be dying, once and for all.

A group of about thirty ministers tried to revive the talks at the World Economic Forum's January 2007 meetings in Davos, but no major breakthroughs were made. Should Doha fail, the prospects for significant global progress on trade liberalization seem bleak. There are fears that a new era of trade protectionism could undermine the decade-old WTO and doom the dozens of impoverished nations that hope to gain access to rich-country markets. Experts note that previous trade rounds all experienced eleventh-hour breakthroughs-but add that entrenched attitudes, particularly toward agricultural policy, make a Doha deal increasingly challenging to negotiate.

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The first cargo of gas from the Norwegian continental shelf arrived in the USA on 21 February. This shipment of Snøhvit LNG is the first delivery of gas from Europe to the world's largest energy market.

The LNG carrier Arctic Discoverer docked at the Cove Point gas import terminal in the state of Maryland, south of Washington DC, at around 14:30 p.m. local time yesterday, after a voyage of 12 days across the Atlantic ocean. Its cargo comes from the world's most northerly export facility for LNG (Liquefied Natural Gas) at Melkøya outside Hammerfest in Finnmark.

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NEW YORK (MarketWatch) - The Pentagon is expected next week to reach a decision on who will replace its Eisenhower-era KC-135 Stratotankers, the big planes used to refuel fighters and bombers in mid-flight, but that won't necessarily mean the Air Force will be any closer to getting the new aircraft.

The two contenders, Boeing Co. and Northrop Grumman Corp. have been aggressively pursing the contract, arguing over whose plane will best meet the Air Force's needs, will provide the most American jobs and will become the most cost efficient over the long haul.

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