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Blast hits Egypt's gas pipeline to Israel (Reuters)
Reuters - An explosion hit a gas pipeline running from Egypt to Israel Sunday, witnesses and state television reported.

Russia admits brief cut of gas supplies to Europe (AP)

AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.




Iran says oil ban will not halt nuclear work (Reuters)
Reuters - Iran's oil minister said the Islamic state would not retreat from its nuclear program even if its crude oil exports grind to a halt, the official IRNA news agency reported on Saturday.

Iran launches new military exercises (AP)

AP - Iran began ground military exercises Saturday and defiantly warned that it could cut off oil exports to "hostile" European nations as tensions rise over suggestions that military strikes are an increasing possibility if sanctions fail to rein in the Islamic Republic's nuclear program.




Canadian PM to visit China next week (AP)
AP - Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas.

Weekly US oil, gas rig count down 11 to 1,997 (AP)
AP - The number of rigs actively exploring for oil and natural gas in the U.S. is down 11 this week to 1,997.

Canada, Alberta seek to assuage oil sands critics (Reuters)
Reuters - Canada will set up a new environmental monitoring system for the northern Alberta oil sands as it seeks to fend off harsh international criticism following revelations that oversight of the huge petroleum development has been insufficient.

Oil prices rise after drop in US hiring expands (AP)

AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.




Oil risks fuelling flames of Sudan conflict (Reuters)
Reuters - South Sudan's oil minister was riled when he discovered production from one of his remote oil fields was out by 40,000 barrels per day, and immediately knew who to blame.

Imperial launches C$2 billion oil sands expansion (Reuters)
Reuters - Imperial Oil Ltd said on Friday it will go ahead with a C$2 billion ($2 billion) expansion of its Cold Lake oil sands project, adding 40,000 barrels per day of new production to Canada's largest thermal oil sands development.

Arizona gasoline prices climb for 6th week in row (AP)
AP - Gasoline prices in Arizona are higher at the pumps again for the sixth consecutive week.

EU prepares for potential gas crisis (AP)

AP - The European Union is bracing for another potential energy crisis in the dead of winter as Russian gas supplies to some member states have suddenly dwindled by up to 30 percent.




Kiev blames Moscow for Europe gas cutbacks (AP)

AP - Ukraine's government is blaming Russia for natural gas shortages in some European countries as a severe cold spell grips the region.




Canada, Alberta to announce new oil sands monitoring (Reuters)
Reuters - The governments of Canada and Alberta will announce details of a new environmental-monitoring regime in the province's oil sands on Friday, as they look shore up an industry whose growth plans are under attack from environmental groups.

Spain's Repsol begins Cuba offshore drilling-sources (Reuters)
Reuters - Spanish oil company Repsol YPF has begun drilling the first well in Cuba's long-awaited exploration of offshore oilfields that the communist country says hold both billions of barrels of oil and the key to greater prosperity, industry sources told Reuters on Thursday.

NASA Report: Greenhouse Gases, Not Sun, Driving Warming (LiveScience.com)
LiveScience.com - A recent, prolonged lull in the sun's activity did not prevent the Earth from absorbing more solar energy than it let escape back into space, a NASA analysis of the Earth's recent energy budget indicates.  

US natural gas supplies shrank last week (AP)
AP - The nation's natural gas supplies fell last week, the government said Thursday.

Venezuela's oil exports to US decline (AP)
AP - Venezuela's oil exports to the United States have dipped in recent months to their lowest level in nearly nine years, according to new U.S. government figures, reflecting a long-term trend of declining oil shipments during President Hugo Chavez's 13-year-old government.

Exclusive: India delegation to go to Iran to boost oil exports (Reuters)
Reuters - India will send a business delegation to Iran at the end of February to explore how it can increase exports in order to meet payments for Iranian oil hit by international sanctions, a senior government official said on Thursday.

 

 



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