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      Oil prices increase on Monday over supply concerns in Middle East

      Oil prices witnessed an increase on Monday over concerns that conflict in Iraq and Yemen could upset supplies. Front-month brent futures increased 65 cents...

      Statoil claims Gudrun pipeline leak in North Sea could have been ‘fatal’

      Statoil has completed its investigation into the leak that occurred on the Gudrun platform in the North Sea in February, stating that it...

      DEA sells stake in Egypt’s $12bn West Nile Delta project to BP

      German company DEA has sold its stake in the $12bn West Nile Delta (WND) project in Egypt to its joint venture partner and operator...

      Brent crude oil prices dip on Tuesday following stronger supplies from Middle East

      Brent crude oil prices fell on Tuesday following amid reports of higher supply from the Middle East, despite conflicts in Iraq, Syria, and Yemen....

      Australia offers 29 offshore blocks for bidding

      The Australian Government has identified 29 offshore oil and gas blocks for bidding during its annual Offshore Petroleum Exploration Acreage Release. The release comprises...

      Crude oil prices recover larger fall in US crude stocks

      Prices of crude oil have recovered following reports of larger than expected drawdown of crude stocks in the US and strong economic data from...

      Environmental groups in South Carolina appeal against seismic gun tests for oil and gas

      Charleston, Folly Beach and Beaufort cities in South Carolina have joined an appeal filed against the first permit to allow for seismic guns to...

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      White Papers

      US Polyethylene Export Market Report 2017-2020

      Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

      Embedded SSD Flash Management

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...