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An image provided by the U.S. Fish and Wildlife Service shows a male greater sage grouse near Bridgeport, Calif., March 1, 2010. A Republican maneuver on the $612 billion defense bill to block the bird from being added to the endangered species list has set off a major congressional skirmish that has spilled over into western states, where the sage grouse is revered. (Jeannie Stafford/U.S. Fish and Wildlife Service via The New York Times) -- FOR EDITORIAL USE ONLY.

Sage Grouse plan said to bar drilling on some U.S. land

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With a deadline of September to decide if the chicken-sized bird is endangered, Interior Secretary Sally Jewell will unveil ways the Bureau of Land Management plans to conserve the habitat. More than half of the grouse’s range is on federal land spread across 11 states.
(David Paul Morris/Bloomberg)

Oil’s green investors win Trojan horse victories in board access

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Investor majorities at 21 energy companies have embraced proxy access this year. Adding Chevron to that group is an important victory for investors such as New York City Comptroller Scott Stringer, who backed the measure as a means of infiltrating corporate boards with green activists.
Penguins gather on the coast of Murrell Farm near the northeastern corner of the Falkland Islands. The Falklands have struck oil, potentially pumping billions of dollars into their treasury. One downside is the potential for a major spill in seas where penguins, whales, seals and other marine mammals are drawn to unspoiled coasts.   (AP Photo/Michael Warren)

Premier opens new oil zone off Falkland Islands, boosting shares

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Premier struck oil at the Isobel Deep well, about 30 kilometers (19 miles) from its Sea Lion discovery, the company said Thursday in a statement. Its stock jumped the most in two weeks, while partner Rockhopper Exploration Plc gained as much as 7 percent.
An oil tanker docks at a Chevron oil refinery in the San Francisco Bay. (Kimberly White/Bloomberg News)

The tanker market is sending a big warning to oil bulls

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A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.
Aubrey McClendon, owner of American Energy Partners (F. Carter Smith/Bloomberg )

American Energy Partners units seek bond deals amid oil slump

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The slump in oil prices has prompted the units to cut spending budgets and lower production estimates, significantly increasing their debt levels relative to earnings, according to Standard & Poor’s. They’re seeking financing deals after S&P warned earlier this month that their liquidity could deteriorate significantly next year.
Workers prepare drilling pipe on the Petroleos Mexicanos (Pemex) La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug. 30, 2013. (Susana Gonzalez/Bloomberg)

Investment into Mexico fell 49 percent last year, hastening need for oil and gas funding

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Investment in Mexico should pick up over the next few years as President Enrique Pena Nieto implements constitutional changes adopted in 2013 to end a seven-decade state monopoly on oil and gas, said Alexis Milo, chief Mexico economist at Deutsche Bank AG.
(Dado Galdieri/Bloomberg)

Petrobras abandons deepwater prospect in Brazil’s biggest oil field

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The decision to return the area underscores how exploration in the deepwater region where Petrobras has had its most success finding and producing oil still carries risks. Output at pre-salt fields has surged to more than 800,000 barrels a day, about a third of Brazil’s total output, since extraction started in 2010.
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Alberta fires spread into oil sands area, cutting output

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A fire at Cold Lake Air Weapons Range that started Saturday expanded to cover 17,500 hectares (43,000 acres) as fire crews worked to prevent the blaze from reaching the Foster Creek area, Alberta’s Environment and Sustainable Resource Development agency said on its website.
In this Wednesday, May 13, 2015 photo, Henry Plange, a power generation engineer, checks temperatures of solar panels at the Space Coast Next Generation Solar Center, in Merritt Island, Fla. Industry experts rank Florida third in the nation in rooftop solar energy potential but 13th in the amount of solar energy generated. (AP Photo/John Raoux)

Solar as fastest growing U.S. power source rivals shale boom

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Solar power capacity in the U.S. has jumped 20-fold since 2008 as companies including Apple Inc. use it to reduce their carbon footprint. Rooftop panels are sprouting on homes from suburban New York to Phoenix, driven by suppliers such as SolarCity Corp. and NRG Energy Inc.
Categories: Shale, Solar
(ALEXANDER KLEIN/AFP/Getty Images

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

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Crude plunged for eight of nine weeks prior to the group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut.