Occidental's oil production jumps, profits slump

Occidental Petroleum says it's producing more crude and making more money off of it in the third quarter even though profits slumped compared with last year when energy prices were at record highs.

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Chavez Presides Over Oil Summit in Cuba

Venezuelan President Hugo Chavez presided Friday at the opening of a regional petroleum summit in Cuba, pressing his efforts to counter U.S. influence in Latin America and the Caribbean by offering cheap oil.

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Fire broke out yesterday on the oil rig, which has been leaking oil into the Timor Sea for 10 weeks (100x100 km) . Oil field operator PTTEP Australasia said the West Atlas rig and Montara well-head platform were on fire.

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'Are you concerned about a 58% increase in gas prices?'

I just had to get this off my chest, so please bear with me.

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... and of course, China will pay with American debt...

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Russia is now a corporate energy monopoly, and not a nation in a traditional sense.

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There've been many projections about how much American Clean Energy & Security Act could save (or cost) the US, but recent Energy Information Agency analysis is the first really quantifying the impact on imported oil. Climate Progress has a good breakdown of it.

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Massive oil sands exploitation in Alberta is making Canada "one of the biggest climate criminals in the world" - it is having a deadly impact on Indigenous People and also threatens the biosphere and Humanity.

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Most commonly used to set the mood or relax after a long day, the paraffin wax candles you light could be polluting the air inside your home.

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"As US House Representative Tom Perriello was considering how to vote on an important piece of climate change legislation in June, the freshman congressman's office received at least six letters [purporting to be] from two Charlottesville-based minority organizations voicing op …

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EXCERPT: BP appears to be back pedaling on its vaunted commitment to alternative energy, renewing old skepticism about what the company formerly known as British Petroleum really stands for. BP recently shuttered its alternative energy headquarters in London and plans to slash i …

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Libya hopes Verenex buy will not take long

Libya's plan to buy Verenex Energy Inc should not take long and it is well-placed to finance the deal, the country's most senior energy official said on Thursday.

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My Experiment In Fuel Economy: Getting The Most From Your Gas

"Kilometers are shorter than miles. Save gas, take your next trip in kilometers."~George Carlin

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We hear it, see it, and argue about it. Regular or Premium Gas. but do we really know the differences? How does it help with engine knock and fuel efficiency? What is the Straight Dope about Gas??

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President Obama is proposing a wide array of tax hikes on the U.S. energy industry. If enacted, these massive tax increases would be a job-killer for Texas and a huge setback in our overall efforts to lessen our dependence on foreign energy.

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Russia raised the prospect of war in the Arctic yesterday as nations struggle for control of the world's dwindling energy reserves.

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Meeting between NOC chairman & CEO of NOEX

Dr. Shukri Ghanem, chairman of Libya's NOC, met on Monday 20th April 2009 with Mr. Makoto Koseki President and CEO of NOEX, the meeting was also attended by Mr. Ali Saleh NOC's General Manager, Mr. Azzam Ali Elmesallati Members of the Management Committee and Mr.

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Two new oil & gas discoveries in Libya

The Libyan state-owned National Oil Corporation (NOC) has reported two new oil and natural gas discoveries—one with Algerian partner Sonatrach in the Ghadames basin and the other with Spanish partners Repsol YPF SA and OMV AG in the Sirte basin.

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Who owns the future? - "Chinese companies have been on a shopping spree in the past month, snapping up tens of billions of dollars' worth of key assets in Iran, Brazil, Russia, Venezuela, Australia and France in a global fire sale set off by the financial crisis."

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Discussion as to why oil prices were (and likely will be again) volatile.

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There's an epic confrontation brewing inside the new administration of U.S. President Barack Obama. And it has nothing to do with the controversial economic stimulus package, or the new banking-bailout blueprint that U.S. Treasury Secretary Timothy F.

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As if we don't have enough economic woes - here comes the oil price increase

I was astonished by the amount of articles that I came by today concerning the upcoming uptick in oil prices. Instead of seeding each, I have decided to compile them here: Enjoy low oil prices while you can: guru Oil Prices: Get Ready for the Rebound

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Consuming organic means we keep pesticides out of our bodies, support farms that keep harmful chemicals out of the ground, and we also happen to decrease our dependence on oil.

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Whether its health, the environment or price you care most about, become a savvy food shopper. Find out which food labels are worth the hype and what they really mean.

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The Obama administration gave environmentalists a big victory Wednesday, as Interior Secretary Ken Salazar canceled oil and gas leases on 77 parcels of federal land in Utah, near Arches and Canyonlands National Parks.

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As drilling rigs are idled along Colorado's West Slope, companies are laying off employees or implementing hiring freezes; some small companies have called it quits and gone back to their home states; and communities and companies in the region are reporting an increase in availa …

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The development of America's vast domestic oil and natural gas resources that had been kept off-limits by Congress for decades could generate more than $1.7 trillion in government revenue, create thousands of new jobs and enhance the nation's energy security by significantly  …

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