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Woodside is considering its position following a decision by the Commonwealth Government to impose an excise on condensate produced from the Woodside-operated North West Shelf Venture.

An historic debate on president Felipe Calderon's controversial proposal to overhaul state-owned Pemex began with speeches by leaders of the country's three major political forces.

Nigerian militants have kidnapped two foreigners -- a Portuguese and a Ukranian -- along with nine Nigerians in an attack on a boat carrying supplies for Chevron Corp.

Mexican president Felipe Calderon submitted to Congress Wednesday proposed changes in tax rules for state oil monopoly Pemex to promote development of difficult-to-reach reserves in deep water and the Chicontepec basin.

A natural-gas deposit deep beneath parts of Arkansas, eastern Texas and northwest Louisiana is the focus of the latest U.S. energy boom, with hedge funds betting on the three companies vying to develop the area.

Atlanta real estate law firm Morris|Hardwick|Schneider has acquired Kalish & Associates P.C. of Newnan, Ga.

Rockville-based Opus East LLC has its first tenant for a planned 2 million-square-foot complex in Aberdeen, Md.

District commercial property holders will enjoy $21 million in savings for the year beginning Oct. 1, following the D.C. Council's May 13 passage of its 2009 budget.