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Dow Chemical 1Q Net Income Jumps

April 23, 2014 | by The Associated Press | Comments

The Midland, Mich.-based chemical company posted a profit attributable to common shareholders of $964 million, or 79 cents per share, up from $550 million, or 46 cents per share, in the same quarter of 2013.           

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KY Calls For Keystone Approval

April 24, 2014 11:30 am | by ADAM BEAM, Associated Press | Comments

Democratic U.S. Senate candidate Alison Lundergan Grimes called on President Barack Obama to approve the Keystone XL oil pipeline, joining 11 incumbent Democrats as the party tries to keep control of the Senate this November.            

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Marshall Islands Sues 9 Nuclear-Armed Nations

April 24, 2014 11:25 am | by CARA ANNA, Associated Press | Comments

The tiny Pacific nation of the Marshall Islands is taking on the United States and the world's eight other nuclear-armed nations with an unprecedented lawsuit demanding that they meet their obligations toward disarmament and accusing them of "flagrant violations" of international law.

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Pirates Raid Fuel Tanker

April 24, 2014 11:13 am | by Associated Press | Comments

A maritime watchdog says pirates pilfered diesel fuel from a Thai tanker last week in Malaysian waters, making two such attacks in a week.                                  

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Bill To Derail 'Big Oil' Lawsuits Stalls

April 24, 2014 10:33 am | by KEVIN McGILL, Associated Press | Comments

A New Orleans law firm launched a new web page Wednesday aimed at refuting arguments by supporters of legislation that could scuttle a New Orleans-based flood board's lawsuit seeking damages from the oil and gas industry over the loss of coastal wetlands.

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2 Week Cool-Down For Sriracha

April 24, 2014 10:20 am | by Associated Press | Comments

A cooling-off period has been called in the fight between the makers of a popular hot sauce and the Southern California city that says its air is too spicy to bear.                          

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Arch Coal Writes Off Coal-To-Liquid Project

April 24, 2014 10:17 am | by Associated Press | Comments

Arch Coal Inc. has written off as a loss its total $57.7 million investment in a planned coal-to-liquids plant in southern Wyoming but continues to maintain its equity interest in the project, according to a company spokeswoman and a recent report to federal regulators.

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Management & Safety Citations For WIPP

April 24, 2014 10:14 am | by JERI CLAUSING, Associated Press | Comments

Poor management, an eroding safety culture, ineffective maintenance and a lack of proper oversight are being blamed for a radiation release that contaminated 21 workers and shuttered the federal government's nuclear waste dump two months ago in southeastern New Mexico.

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Marathon Proposes Louisiana Expansion

April 24, 2014 10:11 am | by Associated Press | Comments

Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company's Garyville refinery.                                      

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Gas Explosion Prompts Evacuation

April 24, 2014 10:06 am | by Associated Press | Comments

Residents and emergency crews are waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.                     

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Oil Companies Fight ND Plan To Slow Production

April 23, 2014 10:37 am | by James MacPherson, Associated Press | Comments

The North Dakota Industrial Commission is considering a proposal that would cut back on the state's booming oil production as a means of controlling the amount of natural gas that's being burned off at well sites and wasted as a byproduct of the more valuable substance, oil.

SD Tribe Invokes Treaties Against New Uranium Mine

April 23, 2014 10:33 am | by The Associated Press | Comments

The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state.            

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Utility Says It Is Committed To Plant Site Reuse

April 23, 2014 10:28 am | by The Muskegon Chronicle, Muskegon, MI | Comments

Officials with Consumers Energy said they're committed to helping find a new use for the site of a coal-fired power plant in western Michigan that's scheduled to close in two years.              

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Feds: New Laws, Oversight Needed After Texas Blast

April 23, 2014 10:24 am | by Nomaan Merchant, Associated Press | Comments

The Texas fertilizer plant explosion that killed 15 people a year ago could have been prevented — and agencies at all levels haven't done enough to change the circumstances that led to the catastrophe, federal officials said Tuesday.    

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Natural Gas Pipeline Subcontractor Sues

April 23, 2014 10:21 am | by Kennebec Journal, Augusta, ME | Comments

Another federal lawsuit has been filed in connection with the installation of a natural gas pipeline in the Kennebec Valley. A subcontractor hired to install the pipeline for the $350 million Summit Natural Gas Inc. project is suing the contractor as well as an insurance company.

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Oil Below $102 As U.S. Crude Supplies Seen Rising

April 23, 2014 10:14 am | by Pablo Gorondi, Associated Press | Comments

By early afternoon in Europe, U.S. crude for May delivery was down 22 cents to $101.53 a barrel in electronic trading on the New York Mercantile Exchange. On Tuesday, the Nymex contract fell $1.90 to settle at $101.75.          

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