Reuters - The governments of Canada and Alberta will announce details of a new environmental-monitoring regime in the province's oil sands on Friday, as they look shore up an industry whose growth plans are under attack from environmental groups.
Reuters - Spanish oil company Repsol YPF has begun drilling the first well in Cuba's long-awaited exploration of offshore oilfields that the communist country says hold both billions of barrels of oil and the key to greater prosperity, industry sources told Reuters on Thursday.
LiveScience.com - A recent, prolonged lull in the sun's activity did not prevent the Earth from absorbing more solar energy than it let escape back into space, a NASA analysis of the Earth's recent energy budget indicates.
AP - Venezuela's oil exports to the United States have dipped in recent months to their lowest level in nearly nine years, according to new U.S. government figures, reflecting a long-term trend of declining oil shipments during President Hugo Chavez's 13-year-old government.
Reuters - India will send a business delegation to Iran at the end of February to explore how it can increase exports in order to meet payments for Iranian oil hit by international sanctions, a senior government official said on Thursday.
Reuters - Royal Dutch Shell (RDSa.L) unveiled ambitious new growth plans alongside disappointing fourth quarter results on Thursday, raising concerns about how much profit the increased activity will bring.
AP - Japan has accused China of unilaterally exploring gas deposits in the East China Sea, in violation of an agreement to jointly develop disputed areas.
Reuters - Sudan, stepping up its rhetoric, accused South Sudan of "hostility" in their row over oil transit fees and said it would hold Juba responsible for any attack on northern oil facilities, a state-linked news website said on Wednesday.
LiveScience.com - Fracking, mountaintop removal and offshore oil drilling are just a few of the top concerns facing the southern United States in 2012.
Reuters - The biggest oil companies in the world have calculated that few, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes.
AP - Ecuador's energy minister says U.S. and Argentine companies are investing nearly $1.7 billion to boost production in the country's two main oil fields by 40,000 barrels a day.
Reuters - Saudi Arabia's oil production appears to be "ramping up" and can fill some of the demand shortfalls caused by sanctions on Iranian exports, CIA Director David Petraeus said on Tuesday.
AP - WINNERS, LOSERS: Shipments of tubes and pipes used by the energy industry increased. Shipments of products used for manufacturing automobiles, industrial equipment and other long-lasting goods fell 2 percent.
Reuters - Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company's shares dropped nearly 2 percent as its oil and gas production fell short of estimates.
Reuters - Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said on Tuesday, warning that a possible rise in oil prices could reverse the trend.
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