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BP Relaunches Sale of North Sea Oil Fields, Sources Say
2021-01-07 21:30:00| OGI
BP originally agreed to sell its interest in the North Sea oil fields to Premier Oil a year ago for a total of $625 million but the transaction fell through after Premier was taken over by rival Chrysaor.
Eni Halts Sale of Australian Gas Assets, Sources Say
2021-01-05 11:25:00| OGI
Italian oil and gas group Eni SpA has put on hold the sale of Australian gas assets it values at around $1 billion after they failed to attract satisfactory bids, the sources say.
Next continues to demonstrate its agility - What the analysts say
2021-01-05 11:20:00| Daily apparel & textile news and comment - from just-style.com
UK clothing and homeware retailer Next Plc saw its online sales soar 38% in the nine-week Christmas trading period to 26 December, boosting better than expected full-price sales. However, the company remains cautious about the continued uncertainty caused by the Covid-19 pandemic, and its potential economic impact. Next's share price was up 8.69% in morning trading today (5 January).
OPEC+ Oil Output Cut Compliance at 101%, Sources Say
2020-12-30 18:05:00| OGI
The OPEC+ group of oil producers fully complied with supply cuts in November, two sources from the alliance told Reuters ahead of the group's Jan. 4 meeting to discuss whether to boost production further.
Venezuelan Oil Could Become Worlds Biggest Stranded Asset, Say Experts
2020-11-19 22:00:00| OGI
Climate change poses mortal threat to shattered countrys only economic lifeline.
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