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Oil and gas producer Apache sets lower 2016 capex; loss widens

2016-02-25 15:51:52| Oil & Gas - Topix.net

Feb 25 Apache Corp set a 2016 capital budget more than 60 percent lower than its 2015 expenditure and the oil and gas producer reported a bigger quarterly loss due to $5.9 billion in writedowns and impairment charges.

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