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Exxon extends Africa's energy enterprise

Exxon Mobil's plans to explore for oil and gas in 2.8 million acres off South Africa's east coast, expanding the energy boom along Africa's Indian Ocean flank.

Drought disrupts Mississippi transport

The Mississippi River has receded to critically low levels after months of drought, severely affecting commerce.

Land protests planned in Canada

Canadian Prime Minister Stephen Harper has "no right to sell" aboriginal rights in Canada, a group protesting against development plans said Friday.

Alaska oil plans draw fire, praise

The U.S. Interior Department announced plans for developing the National Petroleum Reserve in Alaska in a way it says protects the environment.

Continental claims top spot in Bakken play

An energy company in Oklahoma said its acquisition of new areas in the Bakken play in North Dakota solidified its No. 1 position in terms of acreage.

Statoil posts third gas find in Tanzania

Norwegian energy company Statoil announced a "significant" natural gas find in deep waters off Tanzania.

United Kingdom getting greener

Oil and natural gas production in the United Kingdom declined more than 10 percent for the year but offshore wind generation increased, the government said.

Conoco dumps Nigerian business unit

U.S. supermajor ConocoPhillips announced it reached a deal to sell its Nigerian business unit to a Canadian exploration and production company.

Gazprom jumps into Kyrgyz gas sector

Russian energy company Gazprom said it was interested in future prospects in the oil and natural gas sector in the former Soviet republic of Kyrgyzstan.

Gulfport Energy takes on more Utica shale

U.S. energy company Gulfport Energy Corp. said it amended a deal reached this week to take on additional shale acreage in eastern Ohio.

Eni, Anadarko to work on Mozambique LNG

Italian energy company Eni announced it signed a deal with Anadarko to develop common natural gas reserves offshore Mozambique and LNG options.

BP's Dudley to monitor TNK-BP deal

BP Chief Executive Officer Bob Dudley will serve on a steering committee to help Rosneft with the integration of TNK-BP, the Russian oil company said.

Hungary bans foreign farmland ownership

Hungary this week moved to ban foreign ownership of agricultural land under its new constitution amid fears over the future of family farming in the country.

Iran outwits sanctions, but feels pinch

U.S. and European sanctions are taking their toll of Iran's economy, even though Tehran has become adept at getting around them to sell its oil, its economic lifeline.

YPF seeks $37B cash for shale development

Argentina' oil and gas corporation YPF is seeking new investors in Europe and Asia as part of its plan to raise about $37 billion to develop energy reserves.

China's wind towers face U.S. tariffs

China's wind energy sector deplored a United States decision to increase import duties on Chinese wind turbines

Scotland sets renewables generation record

The Scottish government said Thursday it set a record in terms of electricity generated through renewable resources.

TNK-BP announces new oil find

Anglo-Russian oil venture TNK-BP announced it discovered two new oil fields in the Orenburg region in the south of the country.

Exxon warned on northern Iraq development

It would be a "grave mistake" for Exxon Mobil to start operations in contested border regions in northern Iraq, the country's deputy prime minister said.

Britain aims to encourage shale boom

The British government said it wants to set up the right tax regime to support an emerging shale natural gas industry in the country.

Second ESPO pipeline to start Dec. 25

Russian oil company Transneft announced it would start the second branch of the East Siberia-Pacific Ocean pipeline Tuesday.

Chevron aims to frack in Argentina soon

Chevron's shale natural gas operations in Argentina should start "as soon as possible" despite lawsuits in U.S. federal courts, the company said.

Alberta to start using FracFocus

Residents in Alberta will soon be able to get information about hydraulic fracturing fluid online, the provincial government said.

Greece starts review of TAP gas route

The Greek government started the process of finishing a host agreement for the planned Trans-Adriatic Pipeline, the project group said.

Helix announces oil find in Gulf of Mexico

First production of oil is expected mid-2013 from a well that encountered more than 100 feet of oil column in the Gulf of Mexico, a company in Houston said.
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