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Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Shell Discusses Shale Gas Plant In Pennsylvania

April 15, 2014 10:10 am | by Associated Press | Comments

Shell Chemical LP plans to hold meetings in western Pennsylvania to discuss the possibility of building a huge natural gas processing plant there.                                               

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Restoring The Ohio Oil Leak Site

April 15, 2014 10:07 am | by LISA CORNWELL, Associated Press | Comments

Crews worked for the fourth week to clean oil that leaked from a pipeline into a nature preserve near Cincinnati as officials began to focus on restoration of the affected area.                      

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In The Wake Of West Anniversary, Fire Chief Urges Changes

April 15, 2014 10:05 am | by PAUL J. WEBER, Associated Press | Comments

The state fire marshal recommended Monday that 46 facilities storing ammonium nitrate in Texas be required to make structural improvements to prevent another deadly blast like the one that killed 15 people nearly a year ago in West.   

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Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Fitch Downgrades Alcoa's Credit To "Junk"

April 14, 2014 10:26 am | by Associated Press | Comments

Fitch Ratings Service downgraded Alcoa's credit rating to "junk" status on Friday, saying it thinks the company's leverage will stay high and aluminum prices and profitability will remain low.                       

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Former Energy Executive Denies Theft

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

A former Sheridan energy company executive accused of stealing more than $1 million in royalties has pleaded not guilty to seven felony charges.                                

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Arizona Cuts Electricity & Natural Gas Taxes For Manufacturers

April 14, 2014 10:20 am | by BOB CHRISTIE, Associated Press | Comments

Arizona Gov. Jan Brewer signed into law a bill that eliminates sales taxes on electricity and natural gas purchased by manufacturers and mining smelters, a move she said was needed to make the state more attractive to large businesses.

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Oil Leak Blamed For Benzene Contamination

April 14, 2014 10:17 am | by Associated Press | Comments

An oil pipe leak caused excessive levels of the toxic chemical benzene in a major Chinese city's water supply, prompting warnings against drinking from the tap and sending residents to queue up to buy bottled water.            

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Oil Boom Comes To California By Rail

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

There are no pipelines that bring crude oil into California. For decades, the fuel that powers the state's 32 million vehicles has come from tanker ships or in-state production. But government regulators predict a surge in U.S. oil production will means a steep increase in the number of trains carrying it to California refineries.

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Glencore Xstrata Sells Peruvian Mine For $5.58B

April 14, 2014 10:12 am | by Associated Press | Comments

A group of Chinese state-owned companies is buying a Peruvian copper mine from Glencore Xstrata Plc for $5.85 billion, adding to a wave of Chinese resource acquisitions abroad.                     

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No Sign Of Radiation In Nuclear Dump Water

April 14, 2014 10:09 am | by Associated Press | Comments

Water samples from three reservoirs near the federal government's underground nuclear waste dump in southeastern New Mexico show no signs of contamination after a radiation leak at the plant.                         

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Energy Dept. Seeking Methane Hydrate Proposals

April 14, 2014 10:06 am | by DAN JOLING, Associated Press | Comments

The U.S. Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.                  

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Keeping Drugs Out Of The Bakken

April 14, 2014 10:03 am | by SHARON COHEN, AP National Writer | Comments

The oil boom in the Bakken shale fields has touched off an explosion of growth and wealth on the prairie. Big money is raining down in small towns; oil rigs light up the night sky. But the bonanza has also brought with it a dark side: a growing trade in meth, heroin, cocaine and marijuana, the shadow of sinister cartels and violence.

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Keystone Opponents Take To The Fields

April 14, 2014 9:56 am | by Associated Press | Comments

Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project's path.                         

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LNG As Locomotive Fuel

April 14, 2014 9:41 am | by U.S. Energy Information Administration | Comments

The EIA projects that liquefied natural gas will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source.

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Michigan Bans Energy Companies From Lease Auctions

April 11, 2014 10:42 am | by Associated Press | Comments

The Michigan Department of Natural Resources has barred two energy companies under criminal indictment from participating in oil and gas lease auctions.                          

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