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Chevron Brazil spill shows drillers still trip in crises

Last Nov. 7, something went wrong at a deep-sea oil well operated by Chevron Corp. (CVX) 230 miles (370 kilometers) northeast of Rio de Janeiro.  More »

Argentina’s YPF seizure jeopardizes Vaca Muerta funds, IEA says

Argentina’s seizure of YPF SA (YPFD), the country’s biggest oil producer, may deter investment in the Vaca Muerta field that contains more than 20 billion barrels of oil equivalent, the International Energy Agency said.  More »

Total will attempt to plug leaking Elgin well within days

Total SA, Europe’s third-largest oil producer, plans to begin within days an attempt to plug a North Sea well that has leaked natural gas for almost seven weeks.  More »

Enbridge CEO to tap Canadian oil-sands support for gateway pipe

Enbridge Inc. (ENB) Chief Executive Officer Pat Daniel is counting on Canadians’ support for ending the nation’s reliance on U.S. markets to boost the company’s chances of building its proposed Northern Gateway pipeline.  More »

Column: Alaska whaler wins $150K Goldman Prize for oil fight

The Cafe du Parc at the Willard InterContinental Hotel in Washington is bustling with D.C. tourists and buttoned-down business travelers.  More »

Cnooc deploys oil rig as weapon to assert China Sea claims

China’s first deep-water drilling rig began operations near islands in the South China Sea in a move to assert Beijing’s territorial claims as travel agencies suspended tours to the Philippines amid safety concerns.  More »

Sugar cane grows on oil as $71 billion bet outspends D.C.

BP Plc (BP/) has invested $7 billion in alternative energy since 2005. Exxon Mobil Corp. (XOM) is spending $600 million on a 10-year effort to turn algae into oil. And Royal Dutch Shell Plc (RDSA) has been buying up sugar cane mills, plantations and refineries to make ethanol in Brazil.  More »

Obama warms to energy industry by supporting natural gas

Huddled around the West Wing table were an unlikely group of co-conspirators with the administration of U.S. President Barack Obam  More »

Keystone pipeline divide shows U.S. highway deal elusive

Congressional negotiators clashed over TransCanada Corp. (TRP)’s Keystone XL oil pipeline, underscoring the U.S. political challenge in reaching a multiyear surface transportation plan for the first time since 2005.  More »

ConocoPhillips seeking a buyer for its Nigerian assets

ConocoPhillips (COP), the largest U.S. independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion.  More »

EOG Resources profit climbs on higher production, oil prices

Chairman and Chief Executive Officer Mark Papa has been seeking to boost output of crude and petroleum liquids that are more profitable than gas.  More »

Anadarko suit judge throws out fraudulent transfer claim

Anadarko Petroleum Corp. (APC) won dismissal of a so-called fraudulent transfer claim made in a $25 billion environmental lawsuit by the U.S. and creditors of bankrupt Tronox Inc. after a judge ruled the Kerr-McGee unit of Anadarko that received the transfer is an isolated entity.  More »