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BHP sees oil and gas rebounding faster than metals, coal

  Bloomberg BHP Billiton Ltd. sees oil and gas markets rebounding faster than its mined commodities as it considers potential acquisitions and weighs as much as $5 billion in project spending. The world’s biggest miner, which booked writedowns of $7.2 billion against its U.S. shale unit earlier this year, said recovering oil prices and efforts to lower costs are making ...

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Undaunted by gas price cut, ONGC firm on $4.5bn Capex

  Bloomberg India’s largest oil and gas producer will continue with its record investment plan despite a cut in domestic gas prices, which were reduced for the fourth consecutive time last week. Oil and Natural Gas Corp. plans to invest about 300 billion rupees ($4.5 billion) in the year beginning April 1, including investment in its gas-rich Krishna-Godavari block off ...

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UAE to rely on investment in education: Mohamed

  ABU DHABI / WAM The UAE established the foundations and favourable circumstances for excellence in education and in other sectors in a short time providing a driver for continuous development, thanks to the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

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