Exxon Mobil Corp., Total SA, and Melrose Resources Plc are competing for a permit to explore for natural gas in the deep waters of the Black Sea off the Bulgarian coast as the country seeks to boost local output to one third of consumption. More »
OAO Rosneft, Russia’s biggest oil producer, plans to more than double planned dividends, boosting the payout to 25 percent of last year’s profit, following an order from President Vladimir Putin. More »
If the Ohi nuclear reactors plunged into a Fukushima-style meltdown, the only route for escaping or for sending help would be a winding, cliff-hugging road often closed by snow in winter or clogged by beachgoers in summer. More »
Sweden raised the security alert for the country’s nuclear power plants Thursday after explosives were found on a truck at the southwestern atomic power station Ringhals. Police said they were investigating possible sabotage. More »
The Interior Department on Wednesday held a record-setting sale of oil and gas drilling rights in the central Gulf of Mexico, with companies submitting $1.7 billion in winning bids for 454 offshore tracts and Statoil establishing a new high-water mark with its $157 million offering for a single lease. More »
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