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Light, sweet crude oil prices dropped more than $1/bbl to settle above $50/bbl for the November contract on the New York market Oct. 20 while US natural gas future prices also fell after a government report showed a weekly injection into gas storage levels.

Greater sage grouse populations in Wyoming declined 2.5%/year between 1984 and 2008 as oil and gas production grew there, a new study by the US Geological Survey and Colorado State University found. It used annual counts of male sage grouse at communal breeding sites known as leks in relation to wells’ density and areas of disturbance.

Delek US Holdings Inc., Brentwood, Tenn., has made a formal offer to buy Alon Israel Oil Co. Ltd.’s US-based refining and marketing subsidiary Alon USA Energy Inc., Dallas, which owns and operates a 74,000-b/sd refinery in Krotz Springs, La., a 73,000 b/sd refinery at Big Spring, Tex., as well as an idled 70,000-b/sd, three-refinery complex in California.

The US Environmental Protection Agency issued final control techniques guidelines (CTGs) for reducing emissions of volatile organic compounds (VOCs) from existing oil and gas operations in Northeastern and Mid-Atlantic US states on Oct. 20. The CTGs are not regulations, but recommendations to state and local air agencies as they determine what limits apply to covered sources in their jurisdictions, the federal environmental regulator emphasized.

ExxonMobil Corp. has agreed to sell its retail business in Nigeria to Nipco Investments Ltd., a wholly owned subsidiary of Nipco PLC, Abuja.


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