Exxon Mobil technology is already used in cellphone batteries. They hope to do the same for nextgen lithium-ion hybrid car batteries.
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Exxon has won a court decision which freezes $12bn in assets of the nationalized Venezuela Oil company in a dispute over Exxon’s investment of $750 million. Bonds of the oil company dropped in response, and now only fetch 66.75 cents on the dollar, which, I think, makes them junk bonds. |  | ||||
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