
Weatherford: The worst is over for the oil sector
Mirroring sentiments expressed by its peers, oilfield services company Weatherford said the market, particularly in North America, has bottomed out. ... more
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Fire-damaged Canadian municipality lent a hand
The municipality of Wood Buffalo said it was getting a support package from the provincial government of Alberta two months after fires shut in oil production. ... more
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First Tranche 1 satellites launched for Space Development Agency network
ICEYE unveils ISR Cell to deliver space intelligence at tactical scale
Satlink joins Rivada to deliver secure satellite connectivity for defense and enterprise
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Statoil pays $2.5 billion to move deeper into Brazil
After a dismal earnings report, Norwegian energy company Statoil said it secured a stake in an oil basin off the coast of Brazil from the nation's oil company. ... more
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European gas pipeline group defends record
A report calling for European scrutiny over a pipeline slated to run through southern Europe is riddled with inaccuracies, a gas pipeline consortium said. ... more
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Oil prices lower on U.S. GDP figures
A low estimate of U.S. gross domestic product and steep losses from some of the world's biggest energy companies sent crude oil prices down early Friday. ... more
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Airbus DS launches satellite tasking service for oil, gas and mining users
Airbus Defence and Space launched its latest development in satellite imagery acquisition and distribution, One Tasking. Representing a major step change, One Tasking offers customers working in oil ... more
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DNO makes offer for Kurdish rival, Gulf Keystone
DNO, a Norwegian oil and gas company with strong Iraqi assets, said Friday it made a $300 million bid for Gulf Keystone Petroleum, which is restructuring debt. ... more
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