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South Africa oil-stake demand risks derailing new industry

South Africa’s plans to muscle in on new oil and gas ventures threaten to derail a fledgling industry, undermining state efforts to safeguard energy security and curtail imports.  More »

Lukoil considers investments in Russian wind farms

OAO Lukoil may turn to Russia for future renewable energy projects as its units in Bulgaria and Romania are hurt by subsidy reductions.  More »

US Supreme Court seeks middle ground on shareholder suits

Hearing arguments Wednesday in Washington, the justices considered a bid by Halliburton Co. to overturn a 1988 decision that forms the legal basis for 80 percent of the group securities suits filed each year.  More »

Chevron wins US ruling calling Ecuador judgment fraud

Chevron Corp. won a U.S. judge’s ruling that a multibillion-dollar pollution judgment issued in Ecuador was procured by fraud, making it less likely that plaintiffs will collect the $9.5 billion award.  More »

BP must live with spill settlement terms, court rules

BP must resume paying millions of dollars in business-loss claims, the U.S. Court of Appeals in New Orleans said.  More »

Natural gas advances a second day on frigid start to March

Natural gas advanced for a second day in New York on speculation that a frigid start to March will erode stockpiles of the heating fuel that already are at 10-year seasonal lows.  More »

Oil-sands cargos face tougher US rail-shipping rules

Train shipments of crude are under review across North America after a U.S. emergency order requiring new safety measures to prevent accidents.  More »

Federal law blocking cheap Texas fuel from reaching frozen East Coast

As freezing weather drained stockpiles of propane to their lowest seasonal level in two decades on the U.S. East Coast this month, shivering New Englanders couldn’t tap abundant supplies sailing out of Texas. The reason? The Jones Act.  More »

Dream of US oil independence slams against shale costs

The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems.  More »

Rail projects boosting oil flow to California refineries

California, the third-biggest refining state in the U.S., is about to see a flood of oil by rail from places such as Canada and North Dakota as suppliers seek to tap a market isolated from the rest of the country.  More »

Plug Power climbs on Wal-Mart fuel-cell forklift order

Plug Power Inc., the supplier of fuel cells for electric forklifts that’s doubled in market value this year, surged the most in two weeks after announcing an order from Wal-Mart Stores Inc.  More »

BP loses ruling on payments to seafood workers

At issue are alleged improprieties by a lawyer involved in the spill accord,  More »
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