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Total looks to boost number of discoveries

Total SA plans to drill more than 60 wells this year as the third-biggest European oil company seeks to increase the size of its discoveries and expand output.  More »

Natural gas to remain below $4, energy executives say in survey

Natural gas will trade below $4 per million British thermal units for the rest of the year, according to a KPMG LLP Global Energy Institute survey of U.S. energy executives.  More »

Chevron says shale to help make Argentina energy independent

Chevron Corp. (CVX), the second-biggest U.S. oil company, said it’s preparing an investment that will help make the country energy independent by developing what could be the world’s second-largest shale oil reservoir.  More »

Africa’s strongest crane gets to grips with Angola oil projects

Workers in Angola are completing construction of the strongest crane in Africa that will be used at offshore projects for Chevron Corp. (CVX), Total SA (FP), and SBM Offshore NV. (SBMO)  More »

Third U.S. House committee approves Keystone XL pipeline

The House Transportation Committee approved a measure that would allow construction of the Keystone XL pipeline without action by President Barack Obama, the third panel to push the pipeline bill this year.  More »

Hess ends proxy fight by agreeing to add 3 board members

Hess Corp. reached an agreement with billionaire Paul Singer’s Elliott Management Corp. to end a four-month proxy battle, adding three of five board members nominated by the activist shareholder.  More »

Shell may export U.S. LNG or turn gas to motor fuel, chemicals

Royal Dutch Shell Plc (RDSA) may export U.S. natural gas in liquid form, convert it into chemicals or build a gas-to-liquids plant to produce fuel, said the company’s country chairman for Dubai and the northern emirates.  More »

Harper seeks to build Keystone XL support on U.S. visit

Prime Minister Stephen Harper is seeking to counter opposition to TransCanada Corp. (TRP)’s Keystone XL pipeline, a project crucial for boosting Canada’s economy and Harper’s plans to make the country an energy superpower to rival Saudi Arabia.  More »

Platts retains energy trader confidence amid price-fix probe

Traders are standing by Platts, the company that provides benchmark prices for much of the world’s energy products, amid a European probe into market manipulation.  More »

Pickens buys Apache, Goodrich shares in first quarter

Pickens’ BP Capital Management bought almost 125,000 shares of Apache valued at $9.6 million.  More »

Quebec proposes law to ban fracking

Quebec Environment Minister Yves- Francois Blanchet introduced legislation that would ban hydraulic fracturing, drilling and testing for natural gas in the St. Lawrence River valley for as long as five years.  More »

Anadarko’s Walker named chairman as Hackett’s reign ends

As Anadarko Petroleum Corp. (APC) Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker’s biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.  More »