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Keystone lobby works on Democrats to win Obama

Canadian energy producers lobbying for U.S. approval of the Keystone XL pipeline are targeting undecided Democratic lawmakers in Washington in advance of a decision on the $5.3 billion project.  More »

Poland shale boom falters as state targets higher taxes

Poland’s shale gas boom is threatened even before it gets started after some wells failed and the government sought to increase taxes on profits.  More »

Alaska pushes to study Arctic refuge oil amid US reluctance

By Mark Drajem Bloomberg News Alaska’s government proposed investing its own cash in an assessment of oil reserves in the U.S. Arctic National Wildlife Refuge, seeking to prod the federal government to consider drilling in the protected area. With the Interior Department working on a management plan for the area, Republican Governor Sean Parnell’s administration […]  More »

Enron no lesson to traders as EU probes oil-price manipulation

Enron Corp.’s 2001 collapse revealed the extent of its manipulation of spot gas prices. Twelve years later, European Union regulators may discover energy traders never learned the lessons of the scandal.  More »

Petrobras said to struggle pumping oil at Brazil’s largest prospect

Petroleo Brasileiro SA (PBR) is finding it hard to pump oil at one of Brazil’s largest prospects, three people with knowledge of the project said, signaling its venture with BG Group Plc (BG/) and Galp Energia SGPS SA may have higher costs or slower development than at other offshore fields.  More »

U.S. gasoline jumps over past two weeks

The average price for regular gasoline at U.S. pumps rose 11.19 cents a gallon in the past two weeks to $3.6566 a gallon, according to Lundberg Survey Inc.  More »

Enbridge Energy cleans up 2,500-barrel crude leak at Cushing terminal

Oil leaked from a trunk line connected to a tank on the property, then flowed outside of a berm into a containment pond, according to a National Response Center filing.  More »

Apache CEO compensation target reduced

The target bonus for Chief Executive Officer Steve Farris was reduced to 150 percent of base salary from 200 percent, the Houston-based company said in a regulatory filing Friday.  More »

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 »