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Qatar is planning to strengthen its position in the petrochemical market by increasing its petrochemical output to 23 million tons a year by 2020, the country's minister of energy and industry Muhammad Saleh Al-Sada said.

Norwegian energy giant Statoil is set to step into the UK sector of the North Sea following the green light it received from the British Department of Energy and Climate Change (DECC) for its Mariner heavy oil field project.

The British chemical industry is looking forward to 2013, as it shows optimism for growth, sale volumes and a general pickup in activity, following a rather difficult 2012.

Enbridge Inc., the largest transporter of Canadian crude to the United States, and its partner, Energy Transfer Partners, have revealed plans to convert part of their natural gas pipeline to carry oil to the Gulf Coast, investing up to $3.4 billion in the scheme.

Consumers across the globe are trying to switch to a more environmentally friendly lifestyle, and when buying products they often pick those that are made from natural and simple materials.

The government of Australia's state of Queensland intends to give the go-ahead to the development of a commercial shale oil industry, Natural Resources Minister Andrew Crips said earlier this week.

Starting today, Russia's Veterinary and Phyto-Sanitary Surveillance Service is banning virtually all imports of U.S. beef, pork and turkey products over the use of the growth stimulant ractopamine, which it says may cause health problems.

The European Commission (EC) has started a comprehensive analysis of a possible link between chemicals used in textile products and allergic reactions in consumers.

Competition among key European oil pipeline operators is more fierce than ever, as the number of clients declines, amid other concerns including economic instability and the occasional fuel shortage.

Canadian authorities are not ready to deal with the consequences of a potential offshore oil leak, according to a new report released by the federal commissioner of the environment and sustainable development.