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DOJ will not challenge group’s jointly proposed nanotechnology research

09/03/2007
The US Department of Justice will not challenge a proposal by a group of oil and gas producers, oil field service companies, and the University of Texas at Austin to jointly research and develop nanotechnology applications for oil and gas exploration and production.DOJ announced its position in an Aug. 23 letter from Thomas O. Barnett, assistant attorney general in charge of the department’s antitrust division, to attorneys for Advanced Energy Consortium (AEC).AEC’s goal is to develop subsurface nanosensors that can be injected into well bores, DOJ reported in the announcement. It said the sensors’ microscopic size should allow them to migrate out of the well bores and i...
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