Keyword: oil industry

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Occidental, Conoco Q3 Profits Fall on Lower Prices

26.10.2012 - ConocoPhillips and Occidental Petroleum reported quarterly results that topped Wall Street estimates as they produced more oil and gas than expected, even as lower prices hurt...

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Unconventional US Oil, Gas Boom Expected to Create 1.3 Million Jobs

23.10.2012 - The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading...

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Energy Giants Look to Longer Term at Kazakh Field

22.10.2012 - It has taken $46 billion over 12 years to bring Kashagan, the biggest world oilfield discovery since 1968, to the brink of production. But some in the seven-member development...

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BP Says Not Deal Yet on TNK-BP Stake Sale

22.10.2012 - British oil company BP said on Monday it had yet to reach an agreement on the sale of its 50% stake in Russian venture TNK-BP to state-run Rosneft. "BP confirms it is in advanced...

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TNK-BP Manager Arrested on Suspicion of Fraud in Russia

19.10.2012 - A government relations manager at Anglo-Russian oil firm TNK-BP has been arrested on suspicion of fraud, the Russian Interior Ministry and the company said on Friday. The arrest of...

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IndianOil, KOGAS Sign Agreement for LNG and E&P Ventures

19.10.2012 - IndianOil and Korea Gas Corporation (KOGAS) signed an MoU for joint participation in exploration and production of gas and oil at the global level and developing natural gas...

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Revival of Britain's Northeast Tests Government

11.10.2012 - Tracts of bare ground dot the vast Wilton chemical complex, a reminder of long-demolished plants that bear ghostly witness to the industrial decline of the world's first...

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India's BPCL to Spend More than $3 Billion on Expansion of Refineries

11.10.2012 - India's second largest refiner, Bharat Petroleum (BPCL), will complete expansion projects costing more than $3 billion at two refineries by 2015, as it moves to boost output and...