ADELAIDE, Australia, Aug. 19 (UPI) -- Santos Ltd. and French giant GDF Suez announced a partnership to develop a floating liquefied natural gas project in Australia's Bonaparte Basin.

European Commission proposes $4.6 billion for energy independence; French Total has bid for Canada's UTS Energy; Australia's Santos now holds a record 1 billion barrels of oil reserves

Despite price increases, Algeria and Venezuela still want more oil production cuts.

Crude oil steadies; Santos gets a boost with new contract; OPEC calls another meeting.

WINNIPEG, Manitoba, Sept. 6 (UPI) -- Canadian researchers said changes in protein levels in urine can detect mad cow disease in live animals.

The U.K. government has adjusted North Sea taxes to encourage new oil development; Sky-high energy prices are not expected to drop any time soon; Australia is on the verge of housing one of the largest LNG exports.