
Why Wall Street Is Throwing Billions At The Permian
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The Permian Basin is one of the last profita ... more
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G20 treads lightly on 'globalisation' taboo
Facing populist ire at home, leaders at the G20 summit have tried to walk a fine line: acknowledge anti-globalisation anger while arguing that ever more liberal trade is the cure for sluggish economies. ... more
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Asteroid tells secrets of Earth's 'far wetter' building blocks
Boeing accelerates spacecraft production with 3D-printed solar panel structures
The Fun Side of Randomness
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Deal with oil giant helps near-extinct whale recover
A decade ago, there were just 115 western gray whales left in the world, and their feeding grounds near Russia's Sakhalin Island, north of Japan, were being drilled for oil. ... more
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Putin calls for 'compromise' towards oil freeze
Russian President Vladimir Putin in an interview published Friday urged compromise to find agreement on an oil production freeze to combat a global supply glut. ... more
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Oil spikes on Saudi, Russia joint statement
Recognizing a tilt to the supply side in the global market for crude oil, Russia and Saudi Arabia said Monday they'd work jointly to diminish volatility. ... more
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Oil prices jump on rumors and labor numbers
Crude oil prices jumped in early Friday trading on renewed speculation about production moves and dimmed prospects for a U.S. rate hike. ... more
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Moody's sees subdued growth for Nigeria
Subdued growth in the economy for oil-rich Nigeria could be undermined if the country's production levels don't recover, Moody's Investors Service said. ... more
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