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  • WASHINGTON, Jan 5- Federal regulators are unlikely to step up enforcement of potential water contamination cases linked to natural gas drilling- despite new concerns about water safety- given a lack of political will and limited resources to pursue such cases, analysts said.

  • NYMEX-U.S. oil steadies, set for 8 pct annual rise Monday, 30 Dec 2013 | 7:55 PM ET

    SINGAPORE Dec 31- U.S. crude oil futures edged higher on Tuesday, steadying after a fall in the previous session, as data showed that U.S. total fuel demand hit a 26- month high in October while a key Libyan oil export port remained shut. *U.S. crude futures for February delivery gained 7 cents to edge up to $99.36 a barrel by 0034 GMT, against $99.29 on Monday.

  • CALGARY, Alberta, Dec 24- Imperial Oil Ltd has upped its cost estimate for the Mackenzie Gas Project in Canada's far north by about 40 percent because of rising prices for materials and labor, meaning the entire project would cost more than C $20 billion if it goes ahead.

  • LONDON, Dec 23- The Syrian government of President Bashar al-Assad has received substantial imports of Iraqi crude oil from an Egyptian port in the last nine months, shipping and payments documents show, part of an under-the-radar trade that has kept his military running despite Western sanctions.

  • LONDON/ MOSCOW, Dec 20- Morgan Stanley has sold the majority of its global physical oil trading operations to Russian state-run oil major Rosneft, becoming the latest Wall Street firm to dispose of a major part of its commodity business. Morgan Stanley said it was not expected to have a significant impact on its financial results.

  • HOUSTON, Dec 19- On a wall inside an old hunting lodge in west Texas that Apache Corp uses as a field office, a board lists the winners of $10,000 prizes given to workers with big ideas to cut costs- the new way to get ahead in North America's shale oil industry.

  • LONDON, Dec 17- European shares fell on Tuesday, resuming a downward slide seen for much of this month as the U.S. CGG shares plummeted 16.9 percent in massive volumes, on track for their biggest one-day percentage drop in five years, also hitting rivals like Technip.

  • LONDON, Dec 17- European shares fell on Tuesday, resuming a downward slide seen for much of this month as the U.S. CGG shares plummeted 15.4 percent in massive volumes, on track for their biggest one-day percentage drop in five years, and hitting rivals like Technip.

  • European shares slip; CGG tumbles 15 pct Tuesday, 17 Dec 2013 | 7:13 AM ET

    PARIS, Dec 17- European shares fell on Tuesday, trimming some of the previous session's gains, before a two-day Federal Reserve meeting where the central bank may decide to start tapering down its monetary stimulus.

  • NEW YORK, Dec 15- As a historic oil and gas boom transforms the U.S. energy sector, Wall Street is losing the battle to remain the partner of choice for energy producers and major consumers seeking to protect themselves against volatile prices.

  • OTTAWA, Dec 13- Canada is looking at classifying crude oil as a higher-risk dangerous good requiring emergency response plans for shipping by rail following a train accident that leveled the heart of a Quebec town in July, a government official said on Friday.

  • *E&P spending to rise more than 7 pct in North America. The Big Oil companies-- Exxon Mobil Corp, Chevron Corp, Royal Dutch Shell Plc and Total SA and BP Plc-- though not targeted by activist investors are also under pressure to boost returns.

  • BEIJING, Dec 6- A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources said.

  • *Keystone XL pipeline may relieve Cushing supply bottleneck. LONDON, Dec 4- Brent crude oil slipped towards $112 a barrel on Wednesday, while the U.S. benchmark rose more than $1 to a five-week high after news of the scheduled start of a key pipeline expected to relieve a glut at the country's main oil storage hub.

  • *Keystone XL pipeline may relieve Cushing supply bottleneck. SINGAPORE, Dec 4- Brent crude held steady above $112 a barrel on Wednesday, while the U.S. benchmark rose more than $1 to a five-week high after news of the scheduled start of a key pipeline that was expected to relieve a glut at the country's main oil storage hub.

  • *Keystone XL pipeline may relieve Cushing supply bottleneck. SINGAPORE, Dec 4- Brent crude climbed towards $113 a barrel on Wednesday, while the U.S. benchmark rose more than $1 to a five-week high after news of the scheduled start of a key pipeline helping to relieve a supply bottleneck at the country's main oil storage hub.

  • *Keystone XL pipeline may relieve Cushing supply bottleneck. SINGAPORE, Dec 4- Brent crude climbed towards $113 a barrel on Wednesday, while the U.S. benchmark rose more than $1 to a five-week high after news of the scheduled start of a key pipeline helping to relieve a supply bottleneck at the country's main oil storage hub.

  • WASHINGTON, Nov 26- Oilfield services firm Weatherford International will pay $253 million in fines to the U.S. government to settle charges that ranged from flouting sanctions against Iran and Syria to sending business partners on World Cup soccer junkets, officials said on Tuesday.

  • Weatherford was charged with exporting oil and gas equipment to Iran, Syria, Sudan and Cuba in violation of sanctions, and exporting prohibited items tied to nuclear non-proliferation to Venezuela and Mexico.

  • Nov 26- Oil services company Weatherford International Ltd said it would pay $253 million to settle longstanding charges brought by U.S. regulators. The charges against the company include work in sanctioned countries, Foreign Corrupt Practices Act breaches and violations in the Iraq oil-for-food program.

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