TransCanada seeks approvals for pipeline to Atlantic

TransCanada on Thursday filed for regulatory approval of a proposed Can$12 billion (US$10.7 billion) pipeline to carry western Canadian oil to Atlantic coast refineries and terminals, for shipping overseas.

Ecuador dumps Amazon 'nature-for-oil' scheme

Ecuador President Rafael Correa said major oil exploration in an unspoilt Amazon nature reserve could go ahead after the failure of an ambitious plan to secure billions of dollars in donations to avoid drilling in the area.

Nigerian oil theft soars to feed underground industry

A trail along the river banks deep in the Nigerian swamps winds through forest before arriving at a clearing, where the ground is black from oil and soot, puddles shimmering with crude.

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