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Oil & Gas

Queensland to open up shale oil industry

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.
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Kazakhstan to spend $3.7 billion on natural gas plant

Kazakhstan plans to spend $3.7 billion on a natural gas processing plant at the BG Group Plc- led Karachaganak field next year.
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World Energy Council report identifies critical issues facing global energy sector

Continued uncertainty in the future direction of climate frameworks, political instability of the Middle East and North Africa (MENA) region, energy price volatility and the global economic recession are what energy leaders consider as the top 'insomnia' issues.
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European pipelines fighting for clients

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.
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Canada not ready to deal with offshore leaks, report finds

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.
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Arlington council approves controversial drilling operation expansion

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.
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Explosion at Pemex headquarters kills 36, injures at least 100

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.
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Canadian petrochemicals industry faces major obstacles

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.
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Gulf companies invest in southeast Asia petrochemicals

Wealthy investors from the Arabian Gulf are eyeing markets in southeast Asia and investing huge sums of money in petrochemical production in the region.
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SCADA market for oil & gas propelled by Asia’s sprinting economy

Following the global recession of 2008-2009, the Asia market for supervisory control and data acquisition (SCADA) has rebounded strongly, growing at a near double-digit rate. Asia’s fast-growing economy is further boosting the market for SCADA oil and gas systems.
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