Causeway crude oil export agreed

North Sea operators have reached agreement on export and processing of crude oil from the 15.6 million barrel UK ...

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BP makes new oil discovery off Shetland

BP and its partner, Marathon Petroleum West of Shetlands Ltd, have made a new oil discovery in Block 204/23, ...

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Russia’s Navy gets ambitious

The Russian Navy will become the world’s second largest in 20 years’ time, said its commander-in-chief, ...

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