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Hot news about energy include crude oil, gas and oil exploration also trading, market, data, chart, investment and prices of oil, natural gas, petroleum, energy from category hot news.

Gas Prices Soar Obama Administration Expand Domestic Energy Production in Alaska Oil and gas Drilling

Sunday, March 25th, 2012

Obama administration on Saturday said it would again gauge interest from the oil and gas industry to explore federal waters off the Alaska coast, another bid to expand domestic energy production as gas prices soar and political pressure grows. The Interior Department said it would again issue an official request for drilling interest in potential [...]

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Argentina take legal Action in Oil Exploration Falkland Island

Saturday, March 17th, 2012

Argentina will take legal action against any companies involved in oil exploration off the disputed Falkland Islands as part of a drive to pressure Britain into sovereignty talks, the foreign minister said on Thursday. Three decades after it repelled an Argentine invasion of the Falklands, Britain has vowed to defend the archipelago, saying it will [...]

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Crude Oil Rose as Pipeline Explosion in Saudi Arabia

Sunday, March 4th, 2012

Crude oil for April delivery rose $1.77 to settle at $108.84 a barrel on the Nymex before the Press TV report. The price was $108.73 at 5:11 p.m. Futures settled at a nine-month high of $109.77 on Feb. 24. Clashes between Saudi police and armed Shiite protesters in Awwamiya and al-Qatif, both cities in the [...]

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