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BBC News
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The French president has suggested that the EU should consider capping value added tax on fuel to help countries deal with surging oil prices.
Nicolas Sarkozy warned there was no sign the oil price would dip and urged EU member states to consider his i..
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CNN
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Militants said they blew up two more oil pipelines Monday in southern Nigeria and called for former President Jimmy Carter and actor George Clooney to help mediate an end to the crisis. The Movement for the Emancipation of the Niger Delta, or MEND, said i..
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CNN
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Thousands of tons of oil spilled into the Yellow Sea off the western coast of South Korea Friday after an oil tanker collided with a barge carrying a crane, the Maritime Ministry of Korea reported. About 10,000 tons of oil gushed out of the Hebei Spirit a..
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CNN
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A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said.
The government-run oil company Petroleo..
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BBC News
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Australian Defence Minister Brendan Nelson has admitted that securing oil supplies is a key factor behind the presence of Australian troops in Iraq.
He said maintaining "resource security" in the Middle East was a priority.
But PM John Howard has pl..
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Daily Mail
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Russian leader Vladimir Putin has made an astonishing bid to grab a vast chunk of the Arctic, giving himself claim to its vast potential oil, gas and mineral wealth.
His audacious argument that an underwater Russian ridge is linked to the North Pole is..
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Al Jazeera
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Ahmad al-Harthi, director of the meteorology department, said: "Oman is normally affected by tropical cyclones from time to time, but this is one of the severest since the 1977 storm, bearing in mind we have records going back to 1890."
A weather serv..
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My Way News
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President Hugo Chavez ordered by decree on Monday the takeover of oil projects run by foreign oil companies in Venezuela's Orinoco River region.
Chavez had previously announced the government's intention to take a majority stake by May 1 in four heavy..
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BBC News
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Fuel protests triggered by rising oil prices have spread to more countries across Europe, with thousands of fishermen on strike.
In Spain, Europe's largest fish producer, the action is expected to bring the industry to a halt, as thousands demonstrate..
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SF Gate
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Thousands of fishermen, soldiers and volunteers struggled Sunday to clean up an oil spill that has caused an environmental disaster in South Korea. It has blackened once-scenic beaches, coated birds and oysters in sludge and driven away tourists with its..
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MSNBC
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A crane-carrying vessel collided with an oil tanker off of South Korea’s west coast on Friday, causing more than 66,000 barrels of crude oil to spill in what was believed to be South Korea’s largest offshore oil leak, officials said.
Officials at t..
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BBC News
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Rescuers are searching for eight sailors reported missing after a powerful storm hit the Sea of Azov and parts of the Black Sea on Sunday.
Russian officials say four ships have sunk, including an oil tanker, and four others are in danger of breaking up..
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BBC News
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An attempt by the son of Congo's leader to stop an anti-corruption watchdog from publishing his credit card bills and company records has failed.
Denis Christel Sassou-Nguesso, who heads the state company Cotrade that markets Congo's oil, wanted them r..
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CNN
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Record-high palm-oil prices due to voracious global demand for the oil used for food and now increasingly as a biofuel have left many ordinary Indonesians without their usual culinary fare. Palm oil-derived cooking oil is a staple in the Indonesian pantry..
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Alter Net
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The proposed oil law facing the Iraqi cabinet would allow Western oil companies to take about 50% of all production as their share, an "obvious robbery of the Iraqi oil," says oil workers union heavy.
As the Iraqi cabinet approves part of a controversi..
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News.com.au
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THE Federal Government's apparent admission that securing oil supplies is a key factor in Australia's military involvement in the Iraq war is drawing political fire.
Prime Minister John Howard today denied he had admitted that oil was behind his decisi..
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BBC News
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The Iraqi government has approved an amended draft law on how to share the country's oil wealth, officials say.
Government spokesman Ali al-Dabbagh said parliament would begin debating the bill on Wednesday.
There are no details about changes to the..
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BBC News
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Two major US companies have rejected a deal that would keep them working in Venezuela's most important oil field, according to state oil firm PDVSA.
The government is taking over majority control of operations in the Orinoco Belt, as it extends state c..
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BBC News
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Nigeria's main cities are reported to be very quiet on the first day of a general strike called by trade unions.
Office blocks are empty in central Lagos, with long queues at petrol stations. Schools and offices are shut in the northern city of Kano...
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