
Global consortium buys majority of UK gas business
Companies from Australia, China and Qatar have purchased a majority stake in the gas distribution business of Britain's National Grid, the group announced on Thursday. ... more
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U.S. oil producers lifted by OPEC action
Some oil producers in the United States are expected to see gains as oil prices recover on the back of OPEC's output agreement, Platts reports. ... 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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Oklahoma seeing gains from higher oil prices
Oklahoma's economic footing has improved with the recovery in oil prices, though there are still lingering effects of the downturn, the state treasurer said. ... more
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U.S. rig count increased more than 6 percent
With oil prices recovering from yearly lows, oilfield services company Baker Hughes said there was an increase in U.S. exploration and production activity. ... more
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Texas energy overseer drafts five-year plan
The newly-minted head of a Texas oil and gas commission said her focus over the next five years was to lower the economic burden for the industry. ... more
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Venezuela says Russia played key role with OPEC
Russia was pivotal in the decision last week by members of OPEC to agree to a production ceiling starting in January, Venezuela's oil minister said. ... more
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Oil prices sink for second consecutive day
Crude oil prices recorded a second straight day of steep declines Wednesday as data suggest supply-side pressures building in spite of OPEC's best efforts. ... more
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