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Key Energy Services to pay $5M to settle bribes case

Pemex gas station sign. (Image: Matthew Rutledge via Flickr)

HOUSTON (AP) — A Houston energy company will pay $5 million to settle U.S. allegations of bribing a contract worker for Mexico’s state-owned oil company, Pemex. The Securities and Exchange Commission reached the agreement with Key Energy Services Inc. The case involve $229,000 in payments by subsidiary Key Mexico from 2010 through 2013. Key Energy, in the settlement, does not ...

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Diesel oil spills from grounded oil rig on Scottish island

A coastguard official monitors the Transocean Winner drilling rig off the coast of the Isle of Lewis, Scotland, after it ran aground in severe weather conditions, Tuesday Aug. 9, 2016.  The oil rig, carrying 280 tonnes of diesel, broke free of its tug and ran aground on the remote Scottish island where it is being monitored by a counter-pollution team.  (Andrew Milligan / PA via AP)

LONDON (AP) — A British official says thousands of liters (gallons) of diesel have likely spilled from an oil rig that was blown onto a remote Scottish beach. The Transocean Winner was being towed when it broke free of its tug and ran aground on the Isle of Lewis on Monday. The Maritime and Coastguard Agency says two fuel tanks ...

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China city suspends search for nuclear fuel facility

China, nuclear energy

BEIJING (AP) — A city in eastern China city on Wednesday suspended preliminary work on site selection for a nuclear fuel reprocessing facility following days of protests by area residents that underscored a growing willingness by the public to oppose projects seen as threatening lives and property. A one sentence notice posted Wednesday on the website of the Lianyungang city ...

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Kuwaiti state oil firm says spill strikes onshore oil field

Oil Field in Desert

KUWAIT CITY (AP) — Kuwait’s state-run oil company says an oil spill has struck an onshore field. The Kuwait Oil Company says in a statement on Tuesday that workers were trying to contain the spill at the Ahmadi field. The company says the spill struck at its BWD-133 drilling rig. The company did not offer any details on how much ...

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UK coast guards warn sightseers away from oil rig on beach

Transocean oil rig

LONDON (AP) — Police are warning people to stay away from an oil rig that was blown onto a remote Scottish beach in a storm. The Transocean Winner drilling rig was being towed when it broke free of its tug and ran aground on the Isle of Lewis off Scotland’s west coast on Monday. Environmental groups have expressed concern, but ...

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Militants: Ex-president is sponsor of Nigeria oil attacks

This photo shows the Oloibiri well where oil was first discovered in commercial quantities in Nigeria - about 60 years ago. In a way, this place marked the beginning of modern Nigeria, where fighting over oil production and the wealth it produces is now common and often violent. Photo: Jeremy Weate, Flickr.

WARRI, Nigeria (AP) — A splinter group of Nigerian oil militants accuses former President Goodluck Jonathan and other politicians in the oil-rich Niger Delta of sponsoring attacks on oil installations that have slashed the West African nation’s petroleum production. Jonathan denied the allegations Monday and, through a spokesman, said the militants want to kill him. On Sunday, the Reformed Niger ...

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OPEC oil ministers to meet informally in September

OPEC

VIENNA (AP) — OPEC has announced that oil ministers of the 14-nation organization will meet in September, well ahead of their previously scheduled November meeting. Monday’s announcement notes that the meeting will be “informal.” Still, it is unusual for the Organization of the Petroleum Exporting Countries to come together at the ministerial level outside of their regularly set gatherings. OPEC ...

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Nigeria using power, persuasion to curb oil militant attacks

Nigeria's state flag. (Image: Global Panorama via Flickr)

WARRI, Nigeria (AP) — Nigeria’s government has resumed paying stipends to former militants even as security forces’ air and ground assaults have reportedly killed scores of fighters disrupting petroleum production in the oil-rich Niger Delta. President Muhammadu Buhari’s government is using power and persuasion in a bid to halt attacks on oil installations that have cut production from 2.2 million ...

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Puerto Rico hit with new power bill increase amid crisis

Puerto Rico

SAN JUAN, Puerto Rico (AP) — Puerto Ricans have been hit with another increase in electric bills as the U.S. territory’s power company struggles to stay afloat. The heavily indebted Electric Power Authority says the increase implemented on Monday will generate some $94 million this fiscal year. Clients on average will see a $6 monthly increase in bills, which already ...

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China’s nuclear power ambitions sailing into troubled waters

China, nuclear energy

BEIJING (AP) — China’s ambitions to become a pioneer in nuclear energy are sailing into troubled waters. Two state-owned companies plan to develop floating nuclear reactors, a technology engineers have been considering since the 1970s for use by oil rigs or island communities. Beijing is racing Russia, which started developing its own in 2007, to get a unit into commercial ...

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