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Articles Tagged with ''oil & gas''

Gazprom presses ahead with South Stream, asks EU for special status

January 7, 2013
The South Stream pipeline project that will see Russian natural gas flow to Eastern and Central Europe carried by pipes laid under the Black Sea and across the Balkans is moving ahead.
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Pipeline project delays harm Canada’s crude oil sector

January 7, 2013
Delays in the construction of new pipelines are detrimental to Canada's energy sector, as transportation of crude oil is prevented by lack of infrastructure.
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UK to introduce new offshore oil and gas production rules

January 7, 2013
The British government is introducing new rules that aim to increase safety standards and environmental care in the UK's offshore oil and gas industry.
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US infrastructure projects to draw significant investments in 2013

January 7, 2013
As production of oil and gas in the United States is reaching new levels, billions of dollars are going to be invested in the development of infrastructural projects such as pipelines.
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Eagle Ford shale to boost US petrochemical export

January 7, 2013
Plentiful shale gas resources in Texas are set to help its petrochemical industry expand not just on the domestic market but also overseas.
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Canada's oil and gas industry faces important changes in 2013

December 12, 2012
The Canadian oil and gas industry is facing a new year that could bring numerous changes not just for the sector but also for the development of the industry in the whole of North America.
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BP to sell Texas City refinery to Marathon Petroleum for $2.5 billion

BP has announced over $35 billion toward its goal of $38 billion in divestments
November 26, 2012
Oil & gas giant BP reached an agreement in October to sell its Texas City, Texas, refinery and a portion of its retail and logistics network in the Southeast U.S. to Marathon Petroleum Corp. for $2.5 billion.
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US Chamber of Commerce president calls for energy sector development

January 14, 2013
The U.S. needs to implement policies that enable the responsible development of the country's oil and gas, according to the U.S. Chamber of Commerce President Thomas Donohue.
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Saudi Arabia considers natural gas price hike

January 14, 2013
Next year the country may hike the price of its natural gas, which is currently the lowest in the world, in a bid to tackle energy waste and cut high-cost subsidies.
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North Sea oil platforms closed after leak detected

January 18, 2013
The Brent pipeline network in the North Sea, which services up to 27 oil fields, has been temporarily closed following the detection of a leak in one on the platforms off Shetland, Cormorant Alpha.
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