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Ukraine Calls "Easter Truce" As Separatists Hold Firm
The Ukrainian government said it will not attack pro-Russian separatists over the…
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France's Oldest Nuclear Plant Shut Down After Incident
France's oldest nuclear power plant, Fessenheim, was shut down on Saturday following…
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Mediator Heads To East Ukraine, Seeking Surrenders
A mediator from Europe's OSCE security body headed to eastern Ukraine on Saturday…
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Sudanese Militants Kill Two, Kidnap Three At Oil Field
Armed militants killed two security staff and kidnapped a Chinese, an Algerian and…
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First Bodies Recoved From Sunken Ferry
South Korean divers retrieved three bodies from inside a sunken ferry overnight,…
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Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices
Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the…
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Korean Ferry Captain's Detention Could Extend As Death Toll Mounts
South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's…
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OMV CEO Warns Against More Russia Sanctions
Europe should avoid more sanctions against Russiaover its role in Ukraine and continue to pursue dialogue with Moscow, the chief executive of OMV…
Latest news
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Putin Welcomes New NATO Head
Russian President Vladimir Putin welcomed NATO's selection of former Norwegian Prime Minister Jens Stoltenberg as its new head…
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India's Reliance Q4 Sales Rise
Indian energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer…
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Schlumberger Announces Q1 Results
Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus…
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Voestalpine CEO Calls For Europe To Frack
Europe should consider allowing fracking for shale gas in sparsely populated areas, the chief executive of Austrian steelmaker…
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Shell Commited To Russia Expansion Despite Sanctions
Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin…
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Russia Ships First Oil From Offshore Arctic Platform
President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by…
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Apache CEO, Vermont Activist Build Alliance
Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. As…
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PetroChina Hikes 2014 Shale Gas Spending To $1.6 Bln
Chinese state energy giant PetroChina plans to spend more than 10 billion yuan ($1.6 billion) on shale gas this year, more…
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Russia Writes Off 90% Of NKorea Debt, Eyes Gas Pipeline
Russia's parliament has agreed to write off almost $10 billion of North Korea's Soviet-era debt, in a deal expected to facilitate…
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New sanctions threats as Ukraine stalemate goes on
A day after an international deal in Geneva to defuse the East-West crisis in Ukraine, pro-Russian separatists vowed not…
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Reports: Brazilian Tycoon Batista Investigated For Financial Crimes
Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading…
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Keystone Pipeline Comment Period Extended
The U.S. State Department said on Friday it was giving regulatory agencies more time to weigh in on the controversial Keystone…
Offshore Oil & Gas
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Years After BP U.S.Oil Spill: Compensation Battle Rages
Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana…
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When Will Deep Sea Mining Commence? The Robot is Ready
The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold…
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Transocean's Latest Fleet Update Summary
Transocean Ltd. has issued its latest comprehensive Fleet Status Report which provides the current status and contract information…
Shale Oil & Gas
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PetroVietNam Gas's Q1 gross profit falls 27.5%
PetroVietNam Gas's first-quarter gross profit fell 27.5 percent to 3.9 trillion dong ($185 million) from a year earlier,…
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Apache CEO, Vermont activist build alliance on climate issues
Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. As…
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India Reliance, HPCL Mittal plan refinery expansions
India's Reliance Industries, owner of the world's biggest refining complex, and HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal…
LNG
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Turkey To Seek Discount In Russian Gas Price Next Week
Turkey will seek a discount in the price of gas it is buying from Russia during planned talks next week, when the deputy…
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Eni, Ukraine Look to Increase Gas Production
Italian oil and gas major Eni said its outgoing chief executive met Ukraine's energy minister on Thursday and they agreed…
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Shell Finds Gas in New Site Offshore Malaysia
Anglo-Dutch oil and gas major Shell announced on Thursday it had found gas in a new drilling area off Malaysia. It found…
Renewables
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Rising Renewable Generation Pressures Day Ahead Prices
Central European day ahead power prices eased on Wednesday, though outages in the region helped keep Slovak and Hungarian…
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Australia's GHG fall by 0.8 %
Australia's greenhouse gas emissions fell 0.8 percent in 2013, according to government data, driven by lower electricity…
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Act Fast To Curb Global Warming, Or Extract CO2 From Air - UN
extract greenhouse gases from the air, a U.N. report said on Sunday. solar or nuclear power was affordable and would shave…
Technology
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AVEVA Provides Solutions to TOTAL E&P Nigeria Limited
Owner Operator standardizes on AVEVA Engineering & Design Solutions for increased efficiency on all new projects. AVEVA announced…
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US 2014 Petroleum Production: Why Hubbert was Wrong
Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing…
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US Energy Dept Offers $4b Loan Aid for Renewable Energy
The U.S. Energy Department on Wednesday unveiled a plan to offer up to $4 billion in loan aid to renewable energy projects…
Legislation
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Ex-BP Employee Settles Insider-trading Oil Spill Case
A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224…
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Somali Pirate Sentenced to 12 Years by German Court
A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking…
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Italian Court Rules Saipem Exec Improperly Dismissed
An Italian court has ruled that Pietro Varone, former chief of oil service firm Saipem's engineering business, was improperly…