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energy
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Business-USA
BP Q1 net profit up on asset sales
BP PLC posted a 16 percent rise in first-quarter net profits on Wednesday as gains from the sale of major assets to pay for the Gulf of Mexico oil spill outweighed the ongoing cost of that disaster.
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Business-USA
BP Texas City loses power, residents warned
BP Plc s 475,000 barrel per day refinery in Texas City, Texas, lost power at about 10:55 p.m. local time Monday, frightening local residents who were ordered inside to avoid breathing smoke from the refinery s flares.
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Obama pumps plan to develop renewable energy
President Barack Obama says one answer to high gasoline prices is to spend money developing renewable energy sources.
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Finance
Builders offer green tract homes with nearly zero utility bills
To stand out in a still-sluggish housing market, major builders are starting to sell affordable tract homes that come with solar panels and nearly zero utility bills.
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Business-USA
NRC: US 50-mile evacuation based on assumptions
A recommendation for all U.S. citizens living within 50 miles of the crippled Japan nuclear power plant to leave was based on incomplete information and assumptions about the reactors condition, U.S. nuclear officials told an independent advisory panel Thursday.
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Rising oil prices beginning to hurt US economy
Just when companies have finally stepped up hiring, rising oil prices are threatening to halt the U.S. economy s gains.
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Deadly US explosion makes big industry change
When 29 men perished in a single, powerful explosion at the Upper Big Branch mine a year ago, the tragedy stunned America — but the aftermath was stunning too, both for its seismic impact on major players in the coal industry and for the absence of any sweeping reforms.
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U.S. special envoy departs for meetings on Sudan
Newly appointed U.S. special envoy Princeton Lyman will depart on Saturday for meetings in Ethiopia and Sudan on the transition of South Sudan to independence in July, the State Department said.
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Business-USA
Alaska battles over how lifeblood oil is taxed
A high-stakes political battle is being waged in Alaska over whether to cut oil production taxes, an issue that could determine whether the trans-Alaska pipeline keeps pumping billions of dollars into the state s coffers.
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Business-USA
Asia shares rise amid better US jobs data, profits
Most Asian shares rose Friday after Wall Street posted gains on the heels of an improving job market and higher corporate earnings as investors closely monitored developments at a quake-stricken nuclear power plant in Japan.
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Energy In Motion
Energy in Motion is a creative design project taken on the streets of Berlin. The post is a mix of digital design colors and the city of night.
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Energy In Motion
Energy in Motion is a creative design project taken on the streets of Berlin. The post is a mix of digital design colors and the city of night.
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Calif. pols want nuke plant relicensing delayed
State lawmakers called on California utilities Monday to delay efforts to relicense nuclear power plants until the companies complete detailed seismic maps to get a true picture of the risks posed by earthquakes and tsunamis.
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Business-USA
Substance in Gulf of Mexico likely sediment, not oil
A reported sheen in the Gulf of Mexico off the coast of Louisiana is likely the result of large amounts of sediment, not spilled oil, the U.S. Coast Guard said on Sunday.
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Crises in Japan, Gulf, thwart US energy accord
On the road to a national energy policy, President Barack Obama is hitting pothole after pothole.
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Analyst view: Yen rises to record high
The yen surged to a record high against the dollar on expectations that Japanese insurers would need to repatriate the currency in the wake of the devastating earthquake and tsunami that killed thousands in northeast Japan.
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Obama to refocus on Latin America amid Chinese push
President Barack Obama travels to Latin America this week seeking to reassert economic leadership in a region Washington once dominated but where it now faces growing competition from China.
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Asian share markets muted even as oil price falls
Asian stock markets posted muted gains Wednesday despite encouraging signs that include falling oil prices, better-than-expected machinery orders in Japan and an overnight climb on Wall Street.
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Asian stocks rise; gains limited due to oil prices
Asian stock markets rose Tuesday, but their gains were limited by worries over rising oil prices as Libya — which sits on the largest oil reserves in Africa — appeared to be sliding toward civil war.
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Most Asian stocks fall on global recovery worries
Most Asian stock markets slid Monday, pressured by worries over a slowing global recovery and oil prices that rose to their highest level in more than two years as the conflict in Libya escalated.
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