License changes spur progress on Norwegian Sea well

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VNG Norge AS has finalized work to establish a new partnership for Norwegian offshore license PL 586.
Categories: Offshore

Underwater Centre, Divers Institute form alliance for saturation, ROV training

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The Underwater Centre in Scotland and the Divers Institute of Technology in Seattle, Washington, have allied to provide dive students from the United States and Canada an opportunity to complete saturation diver training and ROV pilot technician training.
Categories: Offshore

US budget battle limits GDP growth

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Estimate dragged down by the big falls in business inventories and federal defence spending, suggesting that moderate growth will continue
Categories: Uncategorized
Bill White, chairman of Lazard Ltd., listens to a question during an interview in Houston, Texas, U.S., on Wednesday, Feb. 27, 2013. White discussed the outlook for U.S. energy independence. Photographer: Aaron M. Sprecher/Bloomberg

Bill White says Texas lagging in skilled jobs

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Former Houston Mayor Bill White, defeated by Republican Rick Perry in a 2010 bid for governor of Texas, said the state is falling behind in preparing workers who can meet the demands of a resurgent U.S. energy industry.
A young evacuee is screened at a shelter for leaked radiation from the damaged Fukushima nuclear plant in Fukushima, Fukushima prefecture, Japan. (AP Photo/Wally Santana)

WHO: Small cancer risk after Fukushima accident

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People exposed to the highest doses of radiation during the Fukushima nuclear plant disaster in 2011 may have a slightly higher risk of cancer that is so small it probably won’t be detectable, according to a new report from the World Health Organization released Thursday.
Categories: Safety/Security
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

North Dakota fracking boom leaves oil hub a bust

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Oil extracted from wells ringing Williston, North Dakota, helped push the state’s surplus to a record $1.6 billion and generate the nation’s lowest jobless rate. Drilling also left the city broke.
Categories: General
Solar panels work at the NRG Solar and Eurus Energy America Corp.'s 45-megawatt solar farm in Avenal, Calif.  (AP Photo/The Sentinel, Apolinar Fonseca, File)

Shell sees solar as biggest energy source after exiting it

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Royal Dutch Shell Plc (RDSA) says solar power, a business it abandoned four years ago, may expand into the world’s biggest source of energy in the next half century.
Categories: General

China blames US hackers for attacks

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China’s defence ministry says that two of its military websites were subjected to 144,000 attacks a month last year, with most originating in the US
Categories: Uncategorized
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron hunting Moroccan elephants marks first oil boom

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Chevron Corp. (CVX) and Genel Energy Plc (GENL) are hunting for elephants in Morocco. Not the animal, rather the giant oil fields that send explorers’ market values soaring when they’re discovered in the frontier.
Categories: Crude oil, Offshore
A crew works on a Marcellus Shale drilling rig to produce natural gas. (AP Photo/Keith Srakocic)

$500M drilling deal at Pa. airport riles some

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Paul D. McLaughlin Jr. recalls feeling heat rise up his neck when he heard about the $500 million deal for airport gas drilling.
Categories: Crude oil