Shell used the drillship Noble Discoverer for its 2012 drilling in the Chukchi Sea north of Alaska.  (Jennifer A. Dlouhy / The Houston Chronicle)

EPA raps Shell for Arctic air violations

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The Environmental Protection Agency on Thursday rapped Shell Oil Co., for violating the terms of air pollution permits governing emissions from its drilling rigs and support vessels operating in Arctic waters last year.
U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)

Lifeboats may be leaking fuel in Arctic waters

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Lifeboats swept from Shell’s Kulluk drilling rig as it was battered by stormy seas may have leaked as much as 272 gallons of diesel fuel along an Alaskan island’s shores, according to Coast Guard officials

Cold weather fuels Chinese inflation

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Consumer prices post biggest rise in seven months in December, sparking fears accelerating inflation could limit Beijing’s room to stimulate economy
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RBS eyes bonus pot to recoup Libor losses

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UK bank, which is in late-stage talks with regulators, may seek to divert up to £150m of the 2012 bonus pool to fund a fine expected to top £300m
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Java flaw poses malware threat to PC users

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The vulnerability is prompting calls for PC and Mac users to disable Java on their computers
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SAP takes on Oracle with database move

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German software group’s move comes sooner than expected and at a time when it high-speed database, Hana, is still in its early stages
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Crewmen work a site where a pipe for TransCanada's Keystone XL project is lowered into the ground in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Kinder Morgan to grow Trans Mountain pipeline expansion

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The Trans Mountain oil-pipeline expansion will carry 890,000 barrels a day under the bigger expansion plan. Kinder Morgan had reduced the scope of the expansion in May to 750,000 barrels a day.
A Dow Chemical plant in Freeport, Texas. (AP Photo/Pat Sullivan)

Manufacturers lobby against ‘unfettered’ natural gas exports

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Some of the nation’s largest chemical makers and manufacturers on Thursday united as a new coalition to lobby against a wholesale rush to export America’s new natural gas bounty, which they say threatens some $80 billion in planned investments in new U.S. plants and assembly lines.

Amex to cut 5,400 jobs in travel revamp

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Most of the cuts will be made in the global travel business, which is being ‘fundamentally reinvented’ as a result of a ‘digital revolution’
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Biden to lay gun regulation groundwork

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Despite the political sensitivities of gun control, the Obama administration presses ahead with efforts to address assault weapons and magazine capacity
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