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Oil & Gas

New series of earthquakes shakes Oklahoma

July 21, 2014
A series of earthquakes in Oklahoma occurring within hours of one another has added evidence to earlier scientific claims that the unusual seismic activity registered in the state recently is caused by fracking-related operations.
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US refineries should look for export opportunities amid growing competition

July 17, 2014
The market is becoming more competitive globally, as exports offer higher margins, whereas domestic feedstock is cheap and abundant but not necessarily the right type of product they need.
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Is China getting ready for a fracking revolution?

July 15, 2014
Despite its huge fortune buried in shale rock formations, China has been very slow to realize the benefits of fracking and embrace the technology.
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Iran to offer incentives to foreign investors

July 14, 2014
Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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Energy companies underestimate cyber security risks

July 14, 2014
Global oil companies and infrastructure operators are not sufficiently prepared to deal with cyber security threats, according to a recent analysis.
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China's gas demand to almost double by 2019, IEA says

June 23, 2014
Demand for natural gas in China will grow to 315 billion cubic meters by 2019, according to the 2014 Medium-Term Gas Market Report by the International Energy Agency.
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IEA: Canada can become global energy power but needs to manage costs

June 16, 2014
Canada can profit immensely from its oil industry if it plays its cards wisely and manages to keep project costs at a reasonably low level, according to the International Energy Agency.
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Canadian pipeline operators to assume liability for oil spill damage under new rules

June 5, 2014
Canada is toughening its rules concerning pipeline safety and response to spill damages, transferring the responsibility for oil spills to pipeline companies and making them liable for all costs associated with accidents.
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Canada, US improve oil & gas industry logistics

June 2, 2014
Even though Canadian pipeline operators are experiencing difficulties in having major projects approved by U.S. authorities, the links between Alberta's oil fields and refineries south of the border are getting better.
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Exxon focuses on LNG sales on Asian spot market

May 28, 2014
Exxon Mobil Corp. has been involved in negotiations with customers in Asia regarding sales of liquefied natural gas on the spot market.
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