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German beer purity threatened by fracking say brewers

German brewers called on Chancellor Angela Merkel’s government to block the tapping of shale gas by means of hydraulic fracturing, citing industry concerns that fracking could taint the purity of the country’s beer.  More »

Woodside seeking $5 billion investments in projects globally

Woodside Petroleum Ltd. (WPL), Australia’s second-largest oil and gas producer, is looking to make investments of about $5 billion in projects globally as development costs at home remain high.  More »

Total selling stake of Angola offshore oil block to Sonangol

Total SA (FP), France’s largest oil producer, is selling a stake in an exploration block off Angola to state petroleum company Sonangol Pesquisa e Producao SA as part of an asset-disposal program.  More »

Chevron lends Venezuelan oil venture $2 billion for output boost

Petroleos de Venezuela SA, the country’s state-owned oil producer, signed a $2 billion financing agreement with San Ramon, California-based Chevron Corp. (CVX) to increase output at their Petroboscan oil joint venture.  More »

InterOil in talks with Exxon on developing natural gas fields

InterOil Corp., the Australian energy company with licenses to explore about 3.9 million acres, said it entered exclusive talks with Exxon Mobil Corp. to develop natural gas fields in Papua New Guinea.  More »

BP, Shell, Statoil face U.S. lawsuit after EU oil price probe

The three oil producers under investigation by the European Commission for manipulating oil prices are being sued in a class-action lawsuit in the U.S.  More »

Crude landlocked as Canadians join U.S. to halt pipelines

British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”  More »

Statoil’s Castberg oil project undermined by Norway tax increase

Statoil ASA (STL), Norway’s biggest energy company, said its plans for the Johan Castberg oilfield in the Barents Sea are being undermined by unexpected regulatory changes that threaten to limit development in the far north.  More »

FracFocus drillers’ registry to create US chemicals database

FracFocus, the website drillers use to disclose chemicals in hydraulic fracturing, is revamping its system next week to let regulators for the first time search and aggregate the information.  More »

Texas farmer loses another bid to block Keystone XL

A farmer challenged Keystone’s status as a common carrier, with the right to use eminent domain statutes to condemn an easement across his land.  More »

US power grid vulnerable to enemy attack, lawmakers say

Several major U.S. utilities are under “constant” cyberattack and haven’t taken precautions to protect critical systems from Iran, North Korea and other adversaries, according to a congressional survey of more than 100 companies accounting for much of the nation’s power system.  More »

Energy-rich Colorado becomes setting for fracturing fight

Stan Dempsey, an oil and gas lobbyist, raced from one committee hearing to another in Colorado’s statehouse this spring, defending the industry against an onslaught of bills.  More »