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Canada's oil and gas businesses are likely to see new regulation governing the industry by mid-year, according to the country's environment minister Peter Kent.

The U.S. Food and Drug Administration (FDA) has given the green light to two generic versions of Suboxone, a drug used for treating heroin addiction, manufactured by Reckitt Benckiser.

Negotiaions over proposed trade deals with the EU and countries in other key regions will be a perfect opportunity for American chemical producers to take advantage of the dramatic fall in production costs thanks to the abundance of shale gas.

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.

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.

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.

A new natural gas well is on the agenda for Arlington, Texas, after the Arlington City Council approved the project for a second well on what proved to be a controversial site.

The explosion occurred at the basement of the administrative building, located in immediate vicinity of the company's 52-story main office tower, where several thousand people were working at the time of the incident.

The Canadian petrochemicals industry has the potential to grow dramatically thanks to low natural gas prices, but a number of obstacles are standing in its way.

Tempted by the U.S. shale gas revolution that could soon see that country top the charts in natural gas production, countries around the world are considering introducing the same technology, in the hope of achieving similar results.