
Shell unloads Canadian acreage for $1 billion
The Canadian subsidiary of Royal Dutch Shell said it was shedding some of its assets in the country for $1 billion in an effort to build shareholder value. ... more
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Schlumberger welcomes the return to balance
Echoing sentiments from some of its customers, oilfield services company Schlumberger said the oil market is in balance and recovery is on the way. ... more
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UK opens competitive bid for GBP 75 million orbital cleanup mission
UK invests $191 mn in European satellite firm Eutelsat
Bearings Used in Space Technologies: Engineering for the Final Frontier
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Russia won't keep low oil profile
Russia is not going to keep a low profile in the global battle for a stronger presence in the oil market, the head of oil company Rosneft said. ... more
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U.S. importing more oil for the first time since 2010
The U.S. Energy Department said it expected more crude oil will enter the country from foreign countries in part because U.S. oil was less cost effective. ... more
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Crude oil prices mixed along with market signals
Crude oil prices moved in mixed territory in early Friday trading as claims over global market share competed against market predictions from the World Bank. ... more
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Things are looking good, Woodside Petroleum says
Deals emerging since the start of a rough year were a net positive for Australian energy company Woodside, which offered good output and financial results. ... more
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Scotland moves forward on independence bid
The Scottish government said Thursday it was taking another look at independence, two years after betting it could go alone using oil and gas revenue. ... more
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