U.S. oil and gas giant ConocoPhillips is buying competitor Concho Resources, a company specialised in shale oil extraction in the Permian Basin of Texas and New Mexico.
Academics at Russia’s National University of Science and Technology (NUST) in Moscow have created a prototype nuclear battery which may turn out to be considerably less expensive than previous models, Russia’s State Atomic Energy Corporation, Rosatom, reported in its corporate newspaper.