Residing near U.S. fracking wells linked to higher hospitalization rates, study finds

Residing near U.S. fracking wells linked to higher hospitalization rates, study finds

By Anna Domanska - Jul 17, 2015

Apparently shale oil production in the US has a negative impact on the health of the Americans. People living in areas near hydraulic fracturing and oil drilling sites are more lik

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US lifts 40-year ban on oil exports, agrees to light oil exports

US lifts 40-year ban on oil exports, agrees to light oil exports

By Anna Domanska - Jan 02, 2015

For the first time in 40 years, the U.S. government has officially allowed the shipment of as much as a million barrels per day of ultra-light crude, also known as condensate essen

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New York plans to prohibit fracking, citing health and environmental concerns

New York plans to prohibit fracking, citing health and environmental concerns

By Anna Domanska - Dec 18, 2014

On Wednesday, New York’s health and environmental commissioners moved forward with an effort to ban fracking across the state citing unresolved health issues, grave environme

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Statoil sells stake in Shah Deniz to Petronas for USD 2.25 billion

Statoil sells stake in Shah Deniz to Petronas for USD 2.25 billion

By Anna Domanska - Oct 13, 2014

Norway’s biggest energy company, Statoil has sold its remaining 15.5 percent stake in the Shah Deniz field in Azerbaijan for $2.25 billion to Malaysia’s Petroliam Nasional

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The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

By Anna Domanska - Oct 07, 2014

The oil and gas industry has been traditionally tinted as an exclusive “boys’ club”. Statistics show that as much as 72 percent of oil and gas professionals are males, leavin

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Kinder Morgan Slapped with a Class Action Lawsuit over Consolidation Plan

Kinder Morgan Slapped with a Class Action Lawsuit over Consolidation Plan

By Anna Domanska - Oct 04, 2014

A Kinder Morgan Energy Partners LP shareholder has filed a class action lawsuit in Delaware Chancery Court on Friday to put the imminent $70 billion merger between Kinder Morgan In

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Siemens Inks $7.6bn Deal with Dresser-Rand

Siemens Inks $7.6bn Deal with Dresser-Rand

By Anna Domanska - Sep 22, 2014

Europe’s largest engineering conglomerate, Siemens has agreed to acquire Houston-based Dresser-Rand in a $7.6bn (£4.6bn) transaction which will help the German electronics giant

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China Sinopec Sells $17.4bn Retail Unit Stake in Privatisation Push

China Sinopec Sells $17.4bn Retail Unit Stake in Privatisation Push

By Anna Domanska - Sep 15, 2014

State-controlled oil giant, Sinopec Corp, on Sunday unveiled its plans to raise $17.4 billion by offering a stake in its nationwide chain of gas stations to outside investors, indi

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U.S. Oil Economy Could Falter as Saudi Arabia Enters Solar Market

U.S. Oil Economy Could Falter as Saudi Arabia Enters Solar Market

By Carrie Ann - Sep 05, 2014

Just as U.S. Department of Commerce is reconsidering to lift the 1970 ban off U.S. crude oil exports, so that it does not significantly damage the efficiency of oil economy, there

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