Beijing (UPI) Dec 10, 2012 - Canada has signaled it is putting the brakes on foreign state-owned companies investing in Canadian oil sands, following the government's approval of China National Offshore Oil Corp.'s $15 billion takeover bid of Canadian energy company Nexen.
London (AFP) Dec 10, 2012 - World oil prices rose on Monday as traders digested a raft of upbeat economic data in top energy consumer China, ahead of an OPEC oil output meeting later in the week, dealers said.
Bucharest (AFP) Dec 10, 2012 - Romania's electoral office announced on Monday that two regional referendums on gold mine and shale gas projects were invalidated a day after too few people turned out to vote.
Chicago (AFP) Dec 9, 2012 - Chicago's skyline is going green, as property managers install energy efficient tools like motion-detectors on office lights, in a project officials hope will inspire changes across the United States.
Beijing (AFP) Dec 9, 2012 - A Beijing-based energy giant which will take over a Canadian firm in what is reportedly China's biggest-ever foreign investment has said local employees will benefit from the deal.
Ottawa (AFP) Dec 9, 2012 - Beijing-based energy giant CNOOC has received US approval for its takeover of Canadian oil producer Nexen, surmounting the last hurdle to closing the deal, Nexen announced Tuesday.
Hanoi (AFP) Dec 9, 2012 - Vietnam broke up an anti-China rallies in its two main cities and arrested around 20 people Sunday, activists told AFP, in the latest protests against Beijing as tensions flare over the South China Sea.
Amman, Jordan (UPI) Dec 7, 2012 - Jordan is pressing ahead with plans to develop its massive shale oil deposits, joining a growing push by Arab states to unlock shale reserves because conventional deposits are being squeezed to cope with burgeoning populations and industrialization.
Ottawa (AFP) Dec 7, 2012 - Canada on Friday approved two major takeovers of energy firms by the Chinese state-owned giant CNOOC and Malaysia's national oil company Petronas - deals worth an estimated more than US$20 billion in total.
Tokyo (AFP) Dec 7, 2012 - Four Chinese government ships sailed into the territorial waters of disputed islands controlled by Tokyo in the East China Sea on Friday, Japan's coastguard said.
Washington (AFP) Dec 7, 2012 - The United States on Friday extended exemptions from sanctions designed to choke Iran's oil exports to nine major economic powers, including China, Taiwan, India and South Korea.
Beijing (AFP) Dec 6, 2012 - China demanded Thursday that Vietnam end oil exploration and stop its navy harassing Chinese boats in disputed waters near the Gulf of Tonkin, in the latest tit-for-tat between the neighbours.
Austin TX (SPX) Dec 06, 2012 - In a well-known fairy tale, Rumpelstiltskin used magic to weave straw into gold. Today, scientists are reversing that formula - using gold to turn straw (and other forms of biomass) into today's glo
Miami FL (SPX) Dec 06, 2012 - The 2010 blowout of the Macondo well in the waters of the Gulf of Mexico resulted in the region's largest oil spill in U.S. history. As the Deepwater Horizon (DWH) incident unfolded, in an effort to
Helsinki, Finland (SPX) Dec 06, 2012 - The new generation of bio-based plastic packaging is not only eco-friendly but also has several superior qualities compared to traditional plastic packaging. The plastic packaging industry is moving
Yanbu, Saudi Arabia (UPI) Dec 6, 2012 - Saudi Arabia's state oil company Aramco has launched major seismic studies in the Red Sea off the kingdom's west coast, 1,000 miles from the dangers of the Persian Gulf, in a bid to boost its production levels from new offshore fields.
