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France appoints nuke plant closure chief

The shuttering of France's oldest nuclear power plant and the assistance given to its workers will be overseen by a veteran transportation official, Paris says.

Australia's resources, boom or bust?

Investment costs in Australia's resource sector must be cut to maintain a good pipeline of projects, a government official said.

Turkey, Iraq Kurds near explosive oil deal

Turkey and Iraq's Kurds are reported to be close to an explosive deal on investment in the energy industry of the semiautonomous Kurdish enclave.

OECD oil inventory gains end

Oil inventories among the 34 members of the OECD declined in October, ending gains that endured for seven straight months, the IEA reports from France.

NTSB probing W.Va. pipeline explosion

Inspectors with the National Transportation Safety Board said they were in West Virginia to examine details surrounding a pipeline explosion.

Britain gives green light to fracking

The British government announced Thursday it was imposing new risk controls that means hydraulic fracturing of shale gas can get under way in the country.

Gazprom talks S. Stream options for Sofi

Russian energy company Gazprom said it met with Bulgarian executives to discuss implementation of the South Stream gas pipeline.

New seismic tools give Statoil a boost

Norwegian energy company Statiol said it was employing new seismic technology that would help it get another 30 million barrels of oil from offshore fields.

Jordanian coast eyed by energy explorers

British energy company Energi Oil announced it signed an agreement with a South Korean counterpart to explore the Jordanian coast of the Dead Sea.

U.S. sees offshore wind energy by 2017

The U.S. Energy Department said it expected commercial operations for offshore wind power generation to begin near six states in less than five years.

Texas company shifts focus to Marcellus

An energy company in Texas announced plans to sell its stake in the region's Permian basin to help fund its shift toward Marcellus and other shale deposits.

Eni explores LNG options in Mozambique

Eni Chief Executive Officer Paolo Scaroni said he discussed liquefied natural gas exports with Mozambique President Armando Guebuza following a major gas find.

Ghana's clout boosted by new oil find

Hess Corp. announced that it found more than 200 feet of net oil pay during operations at a well in deep water off the coast of Ghana.

Rockwell Collins wins Navy E-6b upgrade

Rockwell Collins will modernize and upgrade U.S. Navy airborne strategic command systems in a $295 million deal.

BHP Billiton sells stake in Australian LNG

BHP Billiton said it would sell its interest in the Browse natural gas project offshore Western Australia to Chinese oil producer Petrochina for $1.63 billion.

Gulf oil states get hot for solar power

The largest single-unit solar power plant nears completion in Abu Dhabi while Saudi Arabia, the world's leading oil exporter, is mulling exporting solar power.

OPEC confirms Nigerian oil decline

Nigerian oil production has experienced a general decline for much of the year because of flooding, oil theft and sabotage, said OPEC.

Study takes aim at Northern Gateway pipe

A study from the University of British Columbia suggests a major oil spill tied to the planned Northern Gateway pipeline could erase economic gains.

Shale changing landscape, says Exxon Mobil

With North American oil and gas developments changing the energy landscape, Exxon Mobil said it expected shale to play a major role in global production.

TransCanada unfazed by Texas lawsuit

A landowner lawsuit in Texas regarding the U.S. leg of the Keystone XL pipeline does nothing to affect the scheduled start, a TransCanada spokesman said.

Market instability troubles OPEC

Uncertainties in supply and demand forecasts from major world economies are clouding planning, the OPEC president said Wednesday from Vienna.

Rosneft signs AAR deal for half of TNK-BP

Russia's state-owned oil company Rosneft announced Wednesday it signed the agreement to purchase the Russian side of the TNK-BP consortium.

China expects solar energy boom

An official with China's renewable energy industry said the country may have as much as 40 gigawatts of installed solar power by 2015.

Oil interest in Gulf of Mexico may surge

Oil interest in the deep waters of the Gulf of Mexico is in the early stages of a major long-term growth period, an investment analyst said.

Egypt preps for about-face in gas

Supermajor Shell said it was considering a potential liquefied natural gas terminal in Egypt to transform the country into a net importer.
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