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BP has launched massive law suits against contractors Halliburton and Transocean as it looks to claw back damages resulting from the Macondo disaster in the Gulf of Mexico last year | Upstream Online
Western Chiefs told to invest 10% oil cash in education if granted
The Assistant General Superintendent of the Assemblies of God Church, Ghana, Rev. Dr. Paul Henry Dsane has called on traditional authorities in the Western Region to invest a significant portion of the 10% oil revenue in human resource development if their demand is granted | Myjoyonline
Eurasia paints rosy outlook
An “outstanding” year lies ahead for Eurasia Drilling as the Russian outfit forecasted surging onshore drilling volumes and increased demand for high-specification equipment | Upstream Online
Fossil fuel firms use 'biased' study in massive gas lobbying push
Senior executives in the fossil fuel industry have launched an all-out assault on renewable energy, lobbying governments and business groups to reject wind and solar power in favour of gas, in a move that could choke the fledgling green energy industry | The Guardian
'Gasland changed everything' – fracking firm battles to woo English villagers
Cuadrilla Resources has arrived in northern England to exploit the gas reserves, but it must win over the worried locals who have seen controversial US
Japan bans entry into Fukushima
Aberdeen University
The UK government's Budget tax hike on North Sea oil will lead to substantial cuts in investment and production in the industry, a new report has said | YouroilandGasNews
Weatherford jumps into profit
Oilfield services company Weatherford International jumped back into the black after posting higher revenues during the first quarter of the year | Upstream Online
Crude oil tops $110
Crude oil surged the most in a month Wednesday as climbing stocks increased optimism that the economic recovery is accelerating | Omaha.com
New York City
New York City will create solar power plants atop capped landfills capable of generating power to supply 50,000 homes as part of a renewed effort to reduce climate-changing carbon gas emissions | Bloomberg
Crude rises on weak dollar
Crude has climbed above $124 a barrel as a sharply weaker US dollar triggered a rush into riskier assets | Upsteam Online
More Bad News For Natural Gas: An Accident In Pennsylvania Is Pouring Toxic Fracking Fluid Into A River
A natural gas accident has occurred in Bradford County, Pennsylvania, with toxid fluid spilling all around the site | Business Insider
A natural gas accident has occurred in Bradford County, Pennsylvania, with toxid fluid spilling all around the site | Business Insider
BP files suit against BOP-maker
Cameron International’s blowout-prevention equipment was a cause “in whole or in part” of the blowout of the Macondo well and the oil spill in the Gulf of Mexico last year, BP said in a court filing | Upstream Online
Transneft may sue CNPC
Russian oil pipeline monopoly Transneft said today that it may file a lawsuit against China's CNPC in a London court over what it said were underpayments for oil supplies | Upstream Online
BP nearly bags safety award
BP came close to winning a safety award from lobby group Oil & Gas UK today | Upstream Online
IEA says biofuels can displace 27% of transportation fuels by 2050
Biofuels have the potential to meet more than a quarter of world demand for transportation fuels by 2050, the International Energy Agency said Wednesday in a report requested by G8 energy ministers | Platts
Libya
Fighting in Libya continues to hold up a planned share deal between Italy’s Eni and Russian gas giant Gazprom | Upstream Online
Oil & Gas UK
Following Oil & Gas UK's meeting today (19 April) with the Chancellor of the Exchequer, the trade body's chief executive, Malcolm Webb, said: 'Oil & Gas UK engaged with the Chancellor and Economic Secretary to the Treasury in | Oil Voice
Boeing announces solar plan for SC assembly plant
Boeing Co. announced Tuesday that the roof of its new 787 jet assembly plant will be covered with solar panels and its South Carolina operation will be powered entirely with renewable energy | Business Week
Russia's biggest oil producer Rosneft has announced the start of a share buyback program worth $100-200 million at initial stage, which includes acquisition of shares by the company's management, Rosneft said late Tuesday | Platts
Tsunami debris forces changes in shipping routes in Japan
The massive amount of debris caused by the March 11 quake and the tsunami in Japan
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