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Spencer Cameron Archive

Megaupload founder Kim Dotcom granted bail

AUCKLAND, New Zealand, Feb. 22 (UPI) — A New Zealand court has granted Megaupload founder Kim Dotcom bail, ruling he was not enough of a flight risk to keep him in custody.

North Shore District Judge Nevin Dawson released him Wednesday to his $4.3 m…

‘Dark Web’ searched for terrorism clues

TUCSON, Feb. 22 (UPI) — Mathematical tools and techniques can be used burrow deep into the Internet to uncover extremists discussing and plotting terrorist acts, U.S. researchers say.

Researchers involved in the “Dark Web Project,” a program started…

Shell details theft losses of Nigerian Delta crude

ABUJA, Nigeria, Feb. 22 (UPI) — U.S. petroleum company Shell Oil says Nigeria loses an estimated 150,000 barrels of crude oil each day because of theft in the Niger Delta region.

Shell Sub-Saharan Africa Shell Exploration and Production Africa Limit…

Taiwan invests in Australian coal

TAIPEI, Taiwan, Feb. 22 (UPI) — China Steel Corp., Taiwan’s biggest steel producer, plans to invest in a coal mine in Australia.

Under the terms of the deal, China Steel will pay Australian miner MCG Group $108 million for a 10 percent stake in the …

PGNiG seeks price cut from Gazprom

WARSAW, Poland, Feb. 22 (UPI) — A Polish natural gas distributor filed a lawsuit against Russian natural gas company Gazprom, saying it wanted a 10 percent cut in prices.

Polskie Gornictwo Naftowe i Gazownictwo filed a suit in an international court…

Oil risks, rewards in Iraq’s Kurdish north

NORWALK, Conn., Feb. 22 (UPI) — It remains to be seen whether investors will have the patience to reap rewards from oil developments in the Kurdish north of Iraq, analysis finds.

In May, Iraq is expected to put around a dozen oil and natural gas blo…

Oil company excited about Turkmenistan

DUBAI, United Arab Emirates, Feb. 22 (UPI) — Caspian energy producer Dragon Oil announced plans for a lofty oil production target for the coming years in Turkmenistan.

Dragon’s primary focus is on the eastern waters of the Caspian Sea. Dragon, in an…

Shell finds oil in deep U.S. waters

HOUSTON, Feb. 22 (UPI) — Shell announced that it encountered oil at its Appomattox discovery in the deep waters of the Gulf of Mexico in the Mississippi Canyon block.

Shell said it encountered roughly 150 feet of oil pay in an appraisal well in the …

OMV upbeat about Libya, Yemen in 2012

VIENNA, Feb. 22 (UPI) — Austrian energy company OMV said in its earnings report that it aimed to return Libyan crude oil production to pre-war levels in 2012.

A NATO-led military operation in Libya curtailed oil production from one of North Africa’s…

IEA has mixed view on Danish energy

COPENHAGEN, Denmark, Feb. 22 (UPI) — Denmark is a leader in policies aimed at improving its energy sector but there’s room for improvement and more investment, the IEA said.

Denmark last year outlined a series of energy policies meant to make the co…


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