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Petrofac wins contract extension to support Iraq Crude Oil Expansion Project

2014-10-31 01:00:00| Offshore Technology

Petrofac has secured a second contract extension worth about $106m to support South Oil Company's (SOC) Iraq Crude Oil Expansion Project.

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Price of Brent crude oil increases above $86

2014-10-29 01:00:00| Offshore Technology

The price of Brent crude oil increased above $86 a barrel today ahead of the Federal Reserve statement on the US monetary policy.

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Brent crude oil drops to $86 amid news of first Ebola case in New York, US

2014-10-24 01:00:00| Offshore Technology

The price of Brent dropped towards $86 a barrel on Friday after conformation of the first Ebola case in New York, US.

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Brent crude oil price plummets below $84 to 47-month low due to oversupply

2014-10-15 01:00:00| Offshore Technology

The price of Brent crude plummeted below $84 a barrel today after the International Energy Agency (IEA) cut oil demand growth forecasts.

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15,000 litres of crude oil spilled at Levis refinery

2014-10-12 12:39:29| Oil & Gas - Topix.net

According to the company website for Valero Energy, facilities in LA©vis have a storage capacity of 8.7 million barrels of crude oil and intermediate and refined products. Quebec's environment ministry says 15,000 litres of crude oil have been spilled at the Jean-Gaulin refinery in LA©vis.

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