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Lower US supply to underpin oil price despite talks failure

Saudi Oil Minister Ali al-Naimi, center right, arrives at an oil-producers' meeting in Doha, Qatar, on Sunday, April 17, 2016. Oil-producing countries are meeting in Qatar to discuss a possible freeze of production to counter low global prices, but Iran's last-minute decision to stay home could dilute the impact of any agreement. (AP Photo/Jon Gambrell)

LONDON (AP) — The failure by oil-rich nations to freeze output hit crude prices Monday but many analysts say that, in the longer-term, oil is likely to keep recovering as many companies, particularly U.S. shale producers, scale back production plans. The effort to reach a consensus on freezing production to support prices failed after Iran stayed away from a weekend ...

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Feds: EPA fails to protect water from oilfield contamination

Feds: EPA fails to protect water from oilfield contamination

SAN FRANCISCO (AP) — The U.S. Environmental Protection Agency is failing in its mandate to protect underground drinking water reserves from oilfield contamination, according to a federal review singling out lax EPA oversight in California, where the state routinely allowed oil companies to dump wastewater into some drinking water aquifers. The U.S. Government Accountability Office review also sampled EPA operations ...

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Nebraska’s new pipeline chief hired with stipulation

Keystone XL pipeline, executive order

LINCOLN, Neb. (AP) — Nebraska’s new top pipeline regulator has agreed to remove himself from working on TransCanada’s application to build the Keystone XL pipeline through the state if the company makes another attempt to do so. Scott Coburn agreed to the requirement as a condition of his hiring by the Nebraska Public Service Commission on Tuesday. The commission voted ...

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Another small earthquake recorded in Oklahoma by USGS

Several earthquakes recorded in pennsylvania

MOORELAND, Okla. (AP) — The U.S. Geological Survey has recorded another small earthquake in Oklahoma. The USGS recorded a 3.2 magnitude quake 13 miles northeast of Mooreland at 11:24 a.m. Sunday. The area is about 115 miles northwest of Oklahoma City. No injuries or damage are reported. Geologists say damage is not likely in quakes below magnitude 4.0. The quake ...

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Critics urge more inclusive testimony on oil, gas permitting

Image: Lindsey Gira via Flickr

BISMARCK, N.D. (AP) — Citizens, lawmakers, environmentalists and labor groups on Monday blasted a proposal by North Dakota regulators that attempts to narrow the definition of an “interested party” who can testify on oil and gas proposals. About a dozen people told the state Industrial Commission’s Oil and Gas Division in Bismarck that a definition saying only “an individual or ...

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TransCanada resumes oil shipments through Keystone Pipeline

Keystone XL oil pipeline pumping station in rural Nebraska. (Image: shannonpatrick17 via Flickr)

BISMARCK, N.D. (AP) — TransCanada Corp. has resumed sending oil through the Keystone Pipeline after a weeklong shutdown prompted by a leak and oil spill in southeastern South Dakota. The pipeline came back online Sunday, but with a reduced pressure under a controlled restart whose terms were ordered by the federal Pipeline and Hazardous Materials Safety Administration. TransCanada also will ...

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Several earthquakes recorded in Oklahoma

Several earthquakes recorded in pennsylvania

LUTHER, Okla. (AP) — The U.S. Geological Survey has recorded several small to moderate earthquakes in Oklahoma, including a magnitude 4.0 quake. The temblor was recorded at 5:27 p.m. Thursday, 1 mile north of Luther — or 25 miles northeast of Oklahoma City. The Logan County Sheriff’s Office says no injuries or damage are reported. The quake is one of ...

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Governor, industry urge cautious hand in regulating oil and gas

An oil and gas drilling rig operating in the Wattenburg Field north of Denver, Colorado. (Image: Plazak via Wikipedia)

DENVER (AP) — Collaboration and negotiation allowed Colorado to draw up oil and gas regulations that protect the public and the environment while encouraging a lucrative state industry, the governor and the president of an industry group say. Gov. John Hickenlooper and American Petroleum Institute President Jack Gerard talked Thursday about regulation, the future of the industry and the possibility ...

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In race to improve batteries, nanotechnology provides hope

Small, but happy: the world’s smallest solid gold happy face. Nanofabrication with ZEISS Crossbeam FIB-SEM technology. Kindly provided by Todd Simpson, UWO Nanofabrication Facility. (Image: ZEISS Microscopy via Flickr)

PRAGUE (AP) — In the global race to create more efficient and long-lasting batteries, some are betting on nanotechnology — the use of minuscule parts — as the most likely to yield a breakthrough. Improving batteries’ performance is key to the development and success of many much-hyped technologies, from solar and wind energy to electric cars. They need to hold ...

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US rig count drops 14 this week to 450, another all-time low

rig count

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped 14 this week to 450, another all-time low amid continuing energy industry price woes. A year ago, 1,028 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday 362 rigs sought oil and 88 explored for natural gas. Among major oil- ...

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