Daily Archives: July 17, 2012

Anadarko announces discovery offshore Ghana

July 17, 2012
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HOUSTON — Anadarko Petroleum Corporation today announced the Wawa-1 exploration well, located in the Deepwater Tano Block offshore the Republic of Ghana

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Shell disagrees with $5 billion fine for Nigeria oil spill

July 17, 2012
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LONDON – Royal Dutch Shell PLC could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of the West African country last year, an amount that dwarfs similar fines in the U.S. and Brazil.

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BP begins next stage in TNK-BP sale process

July 17, 2012
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HOUSTON — BP announced today that it is beginning the next stage in the process, required under the TNK-BP shareholder agreement, regarding the potential sale of its shareholding in TNK-BP.

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BP begins next stage in TNK-BP sale process(2)

July 17, 2012
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BP announced that it is beginning the next stage in the process, required under the TNK-BP shareholder agreement, regarding the potential sale of its shareholding in TNK-BP.

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Further oil and gas discoveries made in Algeria

July 17, 2012
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ORAN, Algeria — E.ON E&P and Sonatrach have made further oil and gas discoveries in the Rhourde Yacoub license area in Algeria.

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U.S. gas futures surge to seven-month high as hot weather holds

July 17, 2012
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NEW YORK–Natural gas futures jumped to a seven-month high Wednesday as forecasts warned that already scorching temperatures will likely continue through the end of July across much of the U.S.

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