http://news.rigzone.comThe latest upstream oil and gas news from around the world.Copyright 2012 Rigzone.com Inc. All rights reserved.http://www.rigzone.com/images/logo_rigz_131x20.gifhttp://www.rigzone.com/news/13120http://www.rigzone.com/news/article.asp?a_id=114886&rss=trueThe American Petroleum Institute is setting the record straight on Congressman Ed Markey's claim that oil from the Keystone XL pipeline will be exported.Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114877&rss=trueExxonMobil's decision to leave its U.S. natural-gas output untouched may push some smaller producers out of the business, force consolidation in the industry and make the co. an even more powerful force in the oilpatch. Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114874&rss=trueImperial Oil Ltd. said the $2B expansion of its big Cold Lake oil-sands operation will add more than 40,000 barrels of commercial bitumen production a day.Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114855&rss=trueSir William Castell has decided not to stand for re-election at the company's next AGM in April.Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114848&rss=trueTullow Oil's long-delayed $2.9B deal to sell stakes to Total and CNOOC can finally proceed after the co. signed a joint oil-production sharing agreement with the country. Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114830&rss=trueWaterkeeper Alliance and its Gulf Coast Waterkeeper organizations filed a federal lawsuit against Taylor Energy Company arguing that the company has failed to stop oil flowing from a spill that occurred in 2004.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114818&rss=trueE&Y anticipates further growth and transaction activity in the Bakken oil shale in North Dakota in 2012 as more undeveloped property comes online and begins to produce.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114815&rss=trueGulfsands Petroleum said it is suspending exploration activities in Syria, only two days after announcing strong drilling results in the strife-ridden country.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114814&rss=trueA Pennsylvania state appeals court on Jan. 27 ruled that the Recorder of Deeds of Wayne County, did not have the authority to reject Chesapeake's subsidiary's attempt to combine 211 lease assignments into one document. Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114810&rss=trueTotal has launched the development of the $4.2B Hild field, subject to approval from the Norwegian government. Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114808&rss=trueSandRidge Energy, Inc. has entered into an agreement to acquire Dynamic Offshore Resources, LLC for aggregate consideration of $1.275 billion.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114807&rss=trueWorld-class know-how can ironically introduce a very real danger into the oil and gas workplace.Fri, 03 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114806&rss=trueShell expects to make a net capital investment of $30 billion in 2012, 80 percent of this in the upstream area of its operations.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114799&rss=trueThe House Natural Resources Committee passed a trio of bills directing the govt to allow drilling in the Atlantic and Pacific oceans -and open up a chunk of the Arctic refuge to drilling.Wed, 01 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114780&rss=trueOrders from investors wanting a piece of the massive $7 billion issue from Petrobras have exceeded $27B, with more than 400 accounts participating, according to a source.Wed, 01 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114774&rss=trueSeveral WA-based juniors are working to ensure they are the 'next big thing' in oil and gas.Thu, 02 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114772&rss=trueGovernors from Argentina's top 10 oil-producing provinces will meet next week in a bid to push oil and gas companies to increase oil and gas output.Wed, 01 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114771&rss=trueThe DECC announced new opportunities for UK oil and gas exploration with the launch of the 27th offshore licensing round.Wed, 01 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114767&rss=trueThe Texas Railroad Commission's new rule requiring oil and gas producers to disclose the chemical used in hydraulic fracturing has taken effect. Wed, 01 Feb 2012 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=114762&rss=trueEC says that European member states hold, on average, 120 days of oil stocks.Wed, 01 Feb 2012 00:00:00 GMT