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Tags (3) : oil market
The largest U.S. oil refinery closes shop
17/03/2016
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M&A
Royal Dutch Shell’s marriage with Saudi Arabia’s Aramco has come to an end after almost 20 years. In what is likely to be a significant development for the oil industry, Royal Dutch Shell and Saudi Aramco have announced plans of breaking up Motiva Enterprises LLC. This signals the end of a...
Aramco
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breakup
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disassemble
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energy
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Motiva Aramco
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oil market
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oil refinery
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Royal Dutch Shell
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Saudi Arabia
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Shell
Smart production techniques squeeze the last drops out of older oil wells
10/03/2016
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Markets
In a market that has been glutted for the last one year, U.S. shale producers have found ways to maximize and optimize the production of oil wells. The U.S. shale oil industry is going through an interesting phase, older well which should normally gush out their contents before petering out are not...
chocking
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crude oil
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flattening production curve
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fracking
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lifting
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LOCc1
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oil market
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Shale oil
Brent Crude holds the line at $40 a barrel
08/03/2016
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Markets
Although investors and traders are looking at $50 a barrel, towards the end of 2016, U.S. shale oil producers have warned that they will come back if oil prices hit $40 a barrel. Weak Chinese trading data has yet again caused oil prices to slide with Brent crude, the only exception, still holding...
brent crude
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crude oil
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LOCc1
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oil
,
oil futures
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oil market
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Shale oil