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Oil & Gas

China's crude processing hits record high

China processed a record volume of crude oil in September, data from the National Statistics Bureau revealed last week.
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Fluor, Technip win additional RAPID refinery contract in Malaysia

A joint venture between Fluor Corporation and Technip has won another contract related to the RAPID project in Malaysia.
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Columbia's Reficar sources 2,800 instruments for refinery expansion project

Endress+Hauser, named the Main Instrument Vendor (MIV) by Refineria de Cartagena (Reficar) in Cartagena, Colombia, supplied more than 2,800 flow and level measurement devices to support a $3.8 billion refinery expansion and modernization project.
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Rosneft, CNPC to strengthen partnership

Russian oil company Rosneft said on Monday that it has agreed to extend its strategic cooperation with China National Petroleum Corporation (CNPC).
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Gazprom to take over huge gas storage facility in Germany

Russian natural gas giant Gazprom will acquire Western Europe's largest underground gas storage facility this fall, according to media reports.
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World oil consumption will continue rising, EIA says

Patterns of oil consumption are set to change over the next few decades, with a slow decline in some parts of the world and an increase in other regions.
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Wintershall acquires shares in oil & gas fields from Statoil

BASF subsidiary Wintershall Holding GmbH is expanding its oil and gas holdings in the North Sea, the company announced on Friday.
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Norway's Statoil resumes operation at In Amenas gas plant after attack

Norwegian oil company Statoil is ready to resume normal operations at its In Amenas gas plant in Algeria, following last year's attack.
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Labour Party wants stricter rules on fracking in Britain

Britain's Labour Party is aiming to amend the current infrastructure bill before the House of Lords in an attempt to strengthen the regulation covering fracking.
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China's Sinopec shortlists 37 bidders for fuel marketing unit

State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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