Oil firm Nexen Petroleum UK has said its partners have given it the nod to extend the life of the North Sea’s biggest producing field. Nexen, owned
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The GCC as we know it today would not be the same were it not for the discovery of oil in the region in the early years of the last century. Now, n
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Shares in Interserve slumped as it revealed debts of £614.3million Half-year sales fell from £1.64billion to £1.5billion while it made a £6mil
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The escalating trade battle between Canada and Saudi Arabia highlights the need for more pipelines to move oil and natural gas around the northern nat
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Despite sitting on an ocean of oil, Canada still buys $300 million per month of Saudi crude As Saudi Arabia aggressively severs ties with Canada, the
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When I pulled my Hyundai out of the driveway two weeks ago and headed 450 miles north, it was only for a short vacation, but I was still excited to be
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Bloomberg/Ankara Turkey’s central bank yesterday acknowledged it won’t meet its 5% inflation target for three more years, disappointing inves
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Higher oil prices and increased output helped BP Plc (NYSE: BP) quadruple its second-quarter profit from a year earlier as the oil major finally shake
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By Mark Leonard/Berlin Donald Trump is the first US president to think that the US-led world order is undermining US interests. Though t
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One of Britain’s biggest consulting and accountancy firms has been negotiating to land a major contract to help streamline and modernise Saudi Arabia
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