Arkansas opens probe into ExxonMobil spill Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.
Dow Chemical signs agreement on Argentina oil, gas Argentina's state-run energy company YPF said Tuesday it signed a memorandum of understanding with the local subsidiary of Dow Chemical to develop shale gas in the southern Nequen province.
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Oil prices up in Asia on Cyprus bailout deal Oil prices rose in Asian trade Monday after Cyprus and its international creditors struck a 10 billion euro bailout deal, averting collapse of the country's banking system.
Shortages of food, fuel, power as Syria battered by war "Yesterday I did not make anything to eat as there was no electricity for the entire day," says Umm Fadi, a resident of Artuz district near Damascus that has been caught up in the fighting between rebels and regime forces.
US suggests Keystone pipeline won't harm environment The US State Department suggested Friday that a $5.3 billion Canada-to-Texas oil pipeline would have no major impact on the environment, but stopped short of recommending it be approved.