Anadarko Petroleum to pay $5.15 bn in pollution case
New York (AFP) April 03, 2014 -
Anadarko Petroleum Thursday agreed to pay $5.15 billion to resolve decades-old environmental claims in a settlement the US said would discourage companies from engaging in corporate makeovers to avoid pollution liability.
The record environmental settlement covers dozens of claims against Kerr-McGee, an oil company Anadarko acquired in 2006. Prior to the takeover, Kerr-McGee restructurings s ...
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Gazprom tells Ukraine to settle its gas debt
Washington DC (UPI) Apr 02, 2014 -
Russian energy company Gazprom said Thursday its Ukrainian counterpart needs to take "urgent action" to settle its outstanding gas debts.
Gazprom Chairman Alexei Miller met Thursday in Moscow with Andrey Kobolev, the chief executive officer at Ukrainian energy company Naftogaz.
"The focus of the meeting fell on the necessity for Naftogaz of Ukraine to take the urgent action aimed ...
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Microsoft launches 'Cortana' smartphone assistant
San Francisco (AFP) April 03, 2014 -
Microsoft on Wednesday took on Apple's Siri and Google Now with a smartphone personal assistant dubbed "Cortana."
Windows Phone vice president Joe Belfiore introduced Cortana onstage at the technology titan's annual developers conference.
"Cortana is the first truly personal digital assistant who learns about me, and the things that matter to me most, and knows about the whole Internet," ...
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Cost could inhibit Norway's oil production
Washington DC (UPI) Apr 02, 2014 -
The Norwegian Petroleum Directorate said Thursday there may be cost inhibitors to developing the remaining reserves on the Norwegian Continental Shelf.
"Cost trends in the petroleum industry pose a challenge, both for developing discoveries and for project commitments that can increase recovery from a field," NPD Director Jan Bygdevoll said in a statement.
NPD updated its reserve ...
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Myanmar yielding oil for Interra Resources
Washington DC (UPI) Apr 02, 2014 -
Singapore's Interra Resources Ltd. said it confirmed one of its wells, CHK 1182, in the Chauk oil field in Myanmar was producing oil for the company.
"CHK 1182 is the fourth well completed in the new successful development program of directional drilling under the Irrawaddy River in northern Chauk field," the company said in a statement Wednesday. "CHK 1182 is the sixth well to be compl ...
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Wood Mac: Few infrastructure constraints for N.D. oil
Washington DC (UPI) Apr 02, 2014 -
Infrastructure constraints shouldn't inhibit production from oil-producing basins in North Dakota, analysis from Wood Mackenzie finds.
Energy consultant group Wood Mackenzie said it expects production from the Bakken and Three Forks areas, two fields situated in the northern Williston Basin, should produce a combined average of 1.1 million barrels per day this year.
The Bakken fi ...
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US seniors see slow migration to tech: study
Washington (AFP) April 03, 2014 -
American senior citizens are gradually finding their way to the Internet, but lagging the overall population in online usage, a survey showed Thursday.
The Pew Research Center report showed that 59 percent of US adults age 65 or older use the Internet - up six percentage points from a year ago. And 47 percent have a high-speed broadband connection at home.
But that leaves 41 percent wh ...
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