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Statoil to Buy Total Assets Offshore Norway in $1.45B Deal

Total S.A agrees to sell all of its interests in the Martin Linge field (51 percent) and Garantiana discovery (40 percent) on the Norwegian Continental Shelf to Statoil ASA.
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TransCanada to Restart Keystone Pipeline on Tuesday

TransCanada Corp will restart its Keystone crude oil pipeline at reduced pressure after getting approval from U.S. regulators, the company said.
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CNPC Completes Fourth Shaanxi-Beijing Gas Pipepline - Xinhua

China National Petroleum Corp (CNPC) completes the fourth Shaanxi-Beijing gas pipeline, the Xinhua News Agency reported on Monday.
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ExxonMobil CEO Makes First Big Changes to Refining

Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company's refining operations, part of a push to boost profits amid volatile oil and natural gas prices, the company said.
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Oil Slips From Two-Year High as Doubts Over OPEC Meeting Linger

A rising U.S. rig count and continuing uncertainty over OPEC's strategy to extend supply cuts pushed oil prices lower following a week in which they hit their highest close in more than two years.
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Pemex Revolving Door Turns as CEO Becomes Finance Minister

Similar to his predecessors, Jose Antonio Gonzalez Anaya didn't last long as chief executive officer of Petroleos Mexicanos.
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Total Says Brazil's Giant Libra Oil Field Produces First Oil

French oil and gas company Total says oil was flowing for the first time from the giant Libra oil field in Brazil.
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OPEC Sees Market Rebalancing after June as it Mulls Oil Cut Extension

Oil markets will rebalance after June 2018 at the earliest, an OPEC working panel concluded, according to OPEC sources, signalling the need to extend existing production cuts well into next year.
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Mayor of London Rejects Fracking

The Mayor of London, Sadiq Khan, declares that there is no place for fracking in the city.
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Plan Underway to Subdue Russian Gas With German LNG Terminal

The old trading city of Hamburg in northwest Germany will soon become the center for a drive in Europe's biggest economy to diversify natural gas imports.
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Maduro Says Taps Military Officer To 'Clean Up' Oil Company PDVSA

Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil company PDVSA and the oil ministry.
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Official: Iraq Plans to Divert Most Kirkuk Field Output to Iraqi Refineries

Iraq is preparing to divert most of Kirkuk oilfield's future production to local refineries as a conflict with Kurdish regional authorities over the use of an export pipeline to Turkey continues.
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Iraq Invites Foreign Bids For Oil, Gas Blocks In New Areas

Iraq invites foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost its output capacity.
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SandRidge Sets Poison Pill after Icahn Reveals Stake

SandRidge Energy Inc said it adopted a shareholder rights plan, known as a "poison pill", amid rising opposition from major shareholders to the oil producer's $746 million bid for rival Bonanza Creek Energy.
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OGA Releases Results of Government Funded Seismic Program

The Oil and Gas Authority releases the results of a $26 million UK Government-funded seismic program to support the upcoming 31st Offshore Licensing Round.
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Keystone's Existing Pipeline Spills Far More than Predicted to Regulators

TransCanada Corp's existing Keystone pipeline has leaked substantially more oil more often in the U.S. than indicated in risk assessments the company provided to regulators before the project began operating in 2010.
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Market Expectations of OPEC Meeting - Analysts

What does the market expect from the latest OPEC meeting?
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China's LNG Prices Highest Since 2011 as Winter Demand Soars - Dealers

China's domestic prices for liquefied natural gas (LNG) topped 7,000 yuan ($1,061) a tonne, highest since at least 2011, as demand soared with millions of homes burning gas for the winter instead of coal.
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Supply Chain Pro Foresees 2018 Oil and Gas Ramp-up

Oil and gas companies seeking more value closer to consumer, DHL exec tells Rigzone.
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Gulf Energy Raises $733MM, Biggest Thai Corporate IPO In Over A Decade

Thailand's Gulf Energy Development Pcl raises $733 million after its initial public offering priced at the top end of expectations.
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