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Kerry stays mum on Keystone pipeline deliberations
US Secretary of State John Kerry Wednesday refused to give away any hint on whether he will approve a controversial Canada to US oil pipeline, saying he was intensely studying the plan. ... more
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New trouble sends Libya's oil production nosediving again
Libya's oil production has tumbled to about 230,000 barrels per day after armed groups shut down the el-Sharara oil field in the Murzuq desert in the southwest, adding to a crippling seven-month oil crisis centered in the rebellious east. ... more
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Nigeria's president ditches bank chief who triggered $50B oil scandal
An explosive scandal over oil revenues in Nigeria has gone toxic, with President Goodluck Jonathan suspending the Central Bank governor who blew the whistle on $50 billion allegedly missing from state coffers, and accusing him of "financial recklessness." ... more
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Shell sells Aussie refinery, gas stations
Shell has agreed to sell its downstream business in Australia - including the Geelong refinery and its 870 gas stations - to Vitol, the world's largest independent energy trader. ... more
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