Energy

Exxon Oil Pipeline Ruptures, Spilling 84,000 Gallons of Oil into an Arkansas Neighborhood

March 30, 2013

“Crude oil ran through a subdivision of Mayflower, Ark., about 20 miles north of Little Rock. Twenty-two homes were evacuated, but no one was hospitalized, Exxon spokesman Charlie Engelmann said on Saturday.”

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U.S. Extends Waivers on Iran Sanctions to 11 Countries, Including Japan and France

March 22, 2013

“Renewal of the waivers, known as exceptions, means that banks in the 11 countries have been given a third consecutive 180-day reprieve from the threat of being cut off from the U.S. financial system under the sanctions.”

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British Gas Reserves Critically Low; Could Run Out Within 36 Hours

March 22, 2013

“The UK’s gas stores have less than two days’ supplies remaining after plunging temperatures forced millions of householders to turn up their heating.”

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Last Month, China and Pakistan Reached a Secret Agreement to Construct Pakistan’s Third Nuclear Reactor

March 21, 2013

“According to U.S. intelligence and diplomatic officials, the secret agreement for the Chashma 3 reactor was signed in Beijing during the visit by a delegation from the Pakistan Atomic Energy Commission from Feb. 15 to 18.”

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State Department Report on Keystone XL Pipeline: No Significant Impact to Most Resources Along Route

March 1, 2013

“Environmentalists were left sputtering Friday while pro-pipeline forces in Congress and industry insisted that this should leave no doubt that the pipeline can be built safely and provide for jobs and a fresh source of North American energy.”

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State of the Union Address: President Obama Threatens Executive Action to Combat the Effects of Climate Change

February 13, 2013

“Four years ago, other countries dominated the clean energy market and the jobs that came with it. We’ve begun to change that. Last year, wind energy added nearly half of all new power capacity in America.”

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State of the Union Address Rehash: President Obama Advocates for Energy Independence

February 13, 2013

“I’m also issuing a new goal for America: let’s cut in half the energy wasted by our homes and businesses over the next twenty years.”

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U.S. Coal Exports to Europe Increased 26% in 2012

February 7, 2013

“The new dependence on one of the dirtiest fuels shows just how challenging it is to maintain pressure to go green, analysts and officials say, and demonstrates the far-reaching effects of America’s natural gas boom.”

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Ukraine Government Rejects $7 Billion Bill From Russia’s Gazprom For Unused Gasoline

February 7, 2013

“Energy Minister Eduard Stavitsky said there were “no grounds” to pay the money, which makes up nearly 4% of the country’s GDP ($183bn).”

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TransCanada CEO Urges the U.S. State Department to Approve Keystone XL Pipeline Permits

February 7, 2013

“During a visit to Washington, TransCanada chief executive Russ Girling also said that his company was exploring other routes to get the Canadian oil to world markets, including a possible retrofit of a natural gas pipeline to eastern Canada.”

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Despite U.S. Objections, Iraq Kurds Push Forward With Construction of an Oil Export Pipeline to Turkey

February 7, 2013

“Baghdad says it alone has the authority to control exports of the world’s fourth largest oil reserves, while the Kurds say their right to do so is enshrined in Iraq’s federal constitution, drawn up following the U.S.-led invasion of 2003.”

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Centrica Withdraws From Plans to Construct New Nuclear Power Plants in Great Britain

February 4, 2013

“The withdrawal leaves no British involvement in nuclear new build, with China’s Guangdong Nuclear Power Group understood to be leading the way to replace the UK group.”

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Iraqi Kurdistan Negotiating With International Companies to Operate Oil Fields

January 30, 2013

“Kurdistan has upset the central government by signing deals directly with oil majors such as Chevron Corp and Exxon Mobil, providing lucrative production-sharing contracts and better operating conditions than in the south of the country.”

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Islamist Militants Attack an Oil Pipeline in Algeria, Killing 2 Guards and Injuring 7 Others

January 28, 2013

“The Djebahia region, some 70 km east of the capital, is a stronghold of Al Qaeda in the Islamic Maghreb (AQIM) which earlier this month killed 37 foreigners at a gas plant in the south, and is where its leader Abdelmalek Droukdel is believed to be based, the source said.”

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Norway Reconsidering Overseas Energy Ventures in the Aftermath of the Algeria Hostage Crisis

January 28, 2013

“In recent days, the energy giant Statoil has confirmed the deaths of four of the five company employees missing since Islamist militants attacked a gas installation this month at In Amenas, near the Libyan border.”

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