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ExxonMobil files claim against Alaska over Point Thomson spending
ExxonMobil has filed what it described as a "precautionary" claim, on behalf of itself and its Point Thomson partners, against the state of Alaska for $800 million they have spent to explore...More...
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Negative outlook for mergers could turn around
Analysts were unanimous in agreement at the Edison Electric Institute International Utility Conference back in March 2008 that there would not be much cross-Atlantic merger and acquisition activity in the US power sector this year. More...

Calls to curb oil market speculators may spill into gas, industry fears
Talk of curbing speculative trading in petroleum markets has the potential to bleed into the gas market, according to industry insiders, who warned that, despite the historically high price of commodities, the reining in of such players could have devastating effects on energy trading. More...

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Oilgram News Putin signs measure limiting foreign access
Russian President Vladimir Putin has signed into law a long-awaited bill limiting foreign investment in strategic industries, including major oil and gas fields, the Kremlin press office said May 5.
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