Oil & Gas Exploration & Extraction

FTSE 100 week: Rally runs out of steam

Adrian Lowery, This is Money index was 44.97 points, or 1% lower, on the week at 5251.41. Bolland's departure from Wm Morrison left the supermarket group 5% down over the week at 275.6p. Rival Sainsbury dropped 4% to 329.4p on...

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Fuelling Conflict: The Tar Sands and the Military Industrial Complex

Why the tar sands are important for anti-military campaigning The extraction of dirty oil from the Canadian tar sands is having an immense regional and global environmental impact and driving the planet towards catastrophic...

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CME Group Announces The Launch Of Physically Delivered Gulf Coast Sour Crude Futures Contracts On...

CME Group Inc., the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for a new physically delivered Gulf Coast sour crude oil futures contract. Trading will...

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Back on the map: how Offshore Hydrocarbon Mapping found itself again

Richard Cooper recently secured a $2.5m contract from a Chinese oil company to look for new discoveries in West Africa. While the new cash will undoubtedly be welcome, Cooper is equally keen to use th...

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Pennsylvania residents sue over gas drilling

DIMOCK, Pennsylvania (Reuters) - Residents of a small rural Pennsylvania town sued Cabot Oil & Gas Corp on Friday, claiming the company's natural-gas drilling has contaminated their water wells with toxic chemicals, caused...

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BG Group to invest $20 billion in Brazil sub-salt oil

RIO DE JANEIRO, Nov. 20 (UPI) -- UK-based BG Group plans to invest $20 billion in Brazil's ambitious sub-sea oil and gas exploration and development projects that are likely to put the country on the map as one of the largest...

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Pa. residents sue gas driller over polluted wells

Pat Farnelli says there's something in the water at her house. By MICHAEL RUBINKAM Associated Press Writer Pat Farnelli says there's something in the water at her house. Now Farnelli and others are plaintiffs in a lawsuit that...

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Govt Lauded Over Oil Framework

The government has been given thumbs up for its plan to formulate a framework that will guide the oil industry in accordance with the demands of Extractive Industry Transparency Initiatives (EITI) principles.

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Up against the great wall of China

The world expected Barack Obama to win from Hu Jintao concessions the Chinese President wasn't in a position to deliver, writes John Garnaut. But for the Chinese state, even if the leaders failed to forge rapport or achieve...

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The 10-billion-barrel battle

One man's campaign to end B.C.'s offshore drilling ban Henry Lyatsky is a man on a mission. The Calgary-based oil industry consultant is on a one-man campaign to lift the moratorium on offshore oil drilling on Canada’s West...

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