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Massive Oil Deposit Discovered in Australia

Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy...

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U.S. Shale oil leases to California Illegal Says Court

A US judge ruled the federal government violated national environmental law by declining to conduct a full-fledged environmental impact study of its oil leasing for California’s Monterey Shale...

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