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Shares of Reliance Industries, India's biggest company by market capitalization, traded lower in a buoyant market on reports that gas production of the KG-D6 fields may fall to all-time low of about 27 million cubic meters a day by April/May. RIL stocks Full Article at NDTV
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Range Resources Corp. (RRC)’s drilling operations in Pennsylvania’s Marcellus Shale natural-gas field are so coveted that the most expensive exploration and production company in America is now a takeover target. While Range is trading at 56 times estima Full Article at Bloomberg.com
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Range Resources Corp. (RRC)’s drilling operations in Pennsylvania’s Marcellus Shale natural-gas field are so coveted that the most expensive exploration and production company in America is now a takeover target. While Range is trading at 56 times estima Full Article at Bloomberg.com
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More efficient use of fuel will also be a driver behind decrease, says economist BEIJING - China's growth in energy demand is expected to drop to 1.9 percent a year between 2021 and 2030 from the average annual increase of 9 percent in the decade ended 2 Full Article at China Daily
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BEIJING - BP PLC has obtained approval from the Ministry of Commerce to explore in the South China Sea in what will be the company's second deepwater project in China. A cab... Full Article at China Daily
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(Corrects headline and paragraph 1 to reflect that Petrobras did not cut its 2012 target for an increase in oil output, but instead provided a new number for a possible increase in oil output from new sources. Corrects paragraph 2 to clarify that this is Full Article at Reuters.co.uk
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Social game maker reports strong revenue growth for fourth quarter, beating Wall Street’s estimates. Shares slip after-hours following big run-up. Full Story WELLINGTON (MarketWatch) -- New Zealand's High Court ordered Wednesday the government to reconsi Full Article at MarketWatch
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California-blend gasoline in Los Angeles jumped to the highest level against futures in more than three months on speculation that work at three oil refineries in the state will tighten supplies in the market. Carbob in Los Angeles (MOGLDB85) increased 1 Full Article at Bloomberg.com
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A cab driver checks prices at a BP gas station in Fuzhou, capital of Fujian province. The oil company has obtained approval from Chinese authorities to participate in a deepwater... Full Article at China Daily
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More efficient use of fuel will also be a driver behind decrease, says economist BEIJING - China's growth in energy demand is expected to drop to 1.9 percent a year between 2021 and 2030 from the average annual increase of 9 percent in the decade ended 2 Full Article at China Daily
