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Oil production capacity rebuilding experience has implications for Iraq
Experience with countries disrupted by wars and severe social change in the Middle East and Eastern Europe shows a pattern of about 3 years to regain stability in the oil industry.
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OSI: US accountability of Iraq petrodollars falls short
Days before an international donors' conference for Iraq was to be held in Madrid, a prominent human rights group said the US needs to do a better job informing the public about how oil revenue money is being spent.
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Iran promises to aid Syria against possible US sanctions
Iran will assist Syria against the impact of any proposed US sanctions, particularly any that hit the country's oil industry, according to a senior Iranian official.
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House Republican leader seeks to tighten Iran-Libya sanctions
A House Republican leader Oct. 21 introduced a bill that would limit exemptions and waivers to a US law designed to punish foreign oil companies that invest in either Libya or Iran's petroleum sector.
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White House playing more active role in energy bill talks
The White House is playing a more active role in US energy bill discussions due to deep disagreements between US House and Senate tax writers over energy incentives for ethanol, congressional sources said.
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NOIA: House Republican state drilling draft faces uphill battle
A US House Republican plan giving states more authority over some offshore oil and natural gas drilling while lifting existing federal moratoriums faces an uphill political battle, an industry group said last month.
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States, cities sue over NSR clean-air rule exemptions
Thirteen states, mainly in the US Northeast, and several cities Oct. 27 fulfilled their promise to sue the US Environmental Protection Agency over its latest efforts to streamline clean air rules governing refineries and power plants.
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ChevronTexaco fined on refinery clean-air compliance
The US Department of Justice, the US Environmental Protection Agency, and the US Attorney in San Francisco reported last month a clean air settlement with ChevronTexaco Corp.'s refining unit Chevron USA Inc.
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RMI forum sees good oil, gas profits for short term
RMI forum sees good oil, gas profits for short term
Current high oil and gas prices are sustainable, at least for the next few years, which will be very good for the energy industry, according to panelists at the RMI Oilfield Breakfast Forum held last month in Houston.
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Watching Government - Law of the Sea
US offshore drilling contractors want the US Senate to ratify the 21-year-old Law of the Sea Convention sooner rather than later.
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Khodorkovsky arrest clouds Russia investment outlook
Russian financial markets appeared to be stabilizing after the initial shock over the arrest at gunpoint of OAO Yukos chairman and CEO Mikhail Khodorkovsky by Russian police Oct. 25.
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Company News - Indian refiner Hindustan Petroleum foraying into E&P
Indian state-owned refiner Hindustan Petroleum Corp. Ltd. (HPCL) has set aside 5 billion rupees ($109 million) for oil exploration and production, which marks the latest Indian state oil and gas company saying that it wants to diversify.
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Personnel Moves & Promotions: Fu Chengyu becomes CNOOC Ltd. chairman, CEO
Fu Chengyu becomes CNOOC Ltd. chairman, CEO
CNOOC Ltd., Hong Kong, has appointed Fu Chengyu as chairman and CEO, succeeding Wei Liucheng, who resigned to accept a position with the Hainan provincial government in southern China.
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Small refiners to upgrade under US clean-air settlements
The US Department of Justice and the Environmental Protection Agency last month announced clean-air settlements with four small refiners.