Crews clean up oil, from a ruptured pipeline, owned by Enbridge Inc, near booms where Talmadge Creek meets the Kalamazoo River in Marshall Township, Mich., July 30, 2010.  The Canadian company that owns the pipeline that leaked the oil estimates the spill at 820,000 gallons. The EPA puts the total at more than 1 million gallons.   (AP Photo/Paul Sancya)AP - Officials say they've located the pipeline break that caused hundreds of thousands of gallons of oil to spew into a major river in southern Michigan.


AP - TransCanada Corp. has received multiple bids from "major industry players and others" that want to use its proposed pipeline to transport natural gas from Alaska's North Slope to market, a company official said Friday.
Reuters - Enbridge Inc's chief executive said on Friday he was unable to say when the company would be able to restart the Michigan pipeline that ruptured earlier this week, spilling more than 800,000 gallons of oil.
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AP - A more than 2-year-old backlog of federal oil and gas leases in Wyoming began breaking loose Friday as the U.S. Bureau of Land Management announced it finally will issue 145 leases sold in June 2008.
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NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.


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James Lee Witt, right, listens to BP PLC CEO of Gulf Coast Restoration Organization Bob Dudley as he speaks at a news conference to announce Witt's hiring as an advisor to BP's Deepwater Horizon oil spill response in Biloxi, Miss., Friday, July 30, 2010. Witt, the former FEMA director under President Bill Clinton, is expected to advise BP through its long-term response and recovery efforts. (AP Photo/Patrick Semansky)AP - BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen.


Drill ships and response vessels work in the Gulf of Mexico off the Louisiana coast line while attempting to drill relief wells at the Deepwater Horizon Oil Spill wellhead July 27, 2010. REUTERS/Sean GardnerReuters - The House of Representatives on Friday approved the toughest reforms ever to offshore energy drilling practices, as Democrats narrowly pushed through an election-year response to BP's massive oil spill in the Gulf of Mexico.


FILE - In this file photo made April 15, 2009, the Merck logo is seen in the lobby of Merck & Company, Inc.'s world headquarters in Whitehouse Station, N.J. Drugmaker Merck & Co. on Friday, July 30, 2010, reported a 52 percent drop in second-quarter net income, due to big merger and restructuring charges and lower income from partnerships. (AP Photo/Mel Evans, File)AP - Drugmaker Merck & Co. on Friday reported a 52 percent drop in second-quarter net income, weighed down by big restructuring charges from buying Schering-Plough Corp., generic competition and other factors.


Ships assist in clean up and containment near the source of the BP Deepwater Horizon oil spill on July 27, in the Gulf of Mexico off the coast of Louisiana. The US House of Representatives on Friday voted to overhaul offshore drilling safety rules and to protect whistleblowing workers in a sweeping response to the disastrous Gulf of Mexico oil spill.(AFP/Getty Images/File/Chris Graythen)AFP - The US House of Representatives on Friday voted to overhaul offshore drilling safety rules and to protect whistleblowing workers in a sweeping response to the disastrous Gulf of Mexico oil spill.


AP - Alaskans should know by the end of Friday whether natural gas producers have any interest in building a major pipeline in the state. But few other details will likely be released when TransCanada Corp. officially ends its 90-day process of seeking shipping commitments for its proposed line.
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