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Editorial: Al Gore and the IPCC
Nobel Propagandist Al Gore has reemerged to dogmatize again about global warming, responding this time to the collapse of scientific arguments for abandoning fossil energy.
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US, Canadian firms post weak 4Q 2009, annual results
For some oil and natural gas producers, fourth-quarter 2009 earnings improved from a bleak quarter a year earlier, but feeble demand for products hurt refining and marketing results.
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Independents converge on Washington as gas advocates
Independent producers converged on US Senate and House members' offices Mar. 2 to advocate for federal policies that encourage the development of natural gas.
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CFTC official wants more energy market transparency
Energy commodities regulators worldwide will need to move carefully and cooperatively if they expect to make global oil markets more transparent, US Commodity Futures Trading Commission member Scott D. O'Malia said in Tokyo on Feb. 26.
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Salazar defends proposed increased costs for producers
US Interior Secretary Ken Salazar defended plans to increase oil and gas royalties and fees on federal leases as he testified Mar. 3 before a US Senate committee on his department's fiscal 2011 budget request.
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Watching Government: A controversial position
His position hasn't won him many friends among coastal property owners where he lives, but Bruce Allen still says that the best way to reduce pollution from oil seeps in the Santa Barbara Channel is to increase offshore production.
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US lawmaker requests hearings on OCS delay costs
US Rep. Bill Cassidy (R-La.) urged House Natural Resources Committee leaders to schedule hearings on the economic costs of continued delays in offshore oil and gas development a week after the first major report on the subject was released.
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CO2 injection under way in Alabama EOR pilot project
A project team has begun to inject carbon dioxide into Alabama's Citronelle field as part of a $7.9 million pilot project to determine whether the field is ideal for simultaneous enhanced oil recovery and CO2 storage, the US Department of Energy said on Mar. 1.
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Trinidad and Tobago ramps up crude oil production
Trinidad and Tobago says it is taking steps to increase crude oil production in an effort to balance its energy portfolio.
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TIPRO uses convention to push increased US gas use
The Texas Independent Producers & Royalty Owners Association used its annual convention in Houston to a call for increased use by the US of natural gas produced in the US.
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BP seeking to boost profits by $3 billion/year
BP PLC on Mar. 2 outlined its annual strategy presentation in which Chief Executive Tony Hayward said the company hopes to boost its profits before taxes by more than $3 billion/year within 3 years.
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Tullow eyeing higher oil production target in Uganda
Uganda's oil production target could more than double to 350,000 b/d by 2018 from the current target of 150,000 b/d in 2013 if the right business plan is adopted, according to Tullow Oil PLC.
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Norway launches new licensing round
Norway, while warning of the potential for espionage directed against its oil and gas industry, has launched its 2010 oil and gas licensing round for predefined areas (APA).
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Watching The World: Doing business together
If there is anything the oil and gas industry desperately needs, it is business.