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Carl Icahn (AP file photo/Gregory Bull)

Carl Icahn boosts stake in Chesapeake Energy

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The activist investor’s total stake in the natural gas-producing company has grown to 11 percent.
Categories: Natural gas
Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko paid executives $127,252 for club memberships in 2014

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Anadarko Petroleum Corp., an oil and gas exploration and production company, paid its five named executives $127,252 in fees for club memberships in 2014, a benefit provided by only two of the 12 peers it uses to benchmark compensation.
(Getty)

Norway on bubble watch as anxiety over oil plunge recedes

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Threats from Norway’s hot housing market have trumped anxiety that forced Governor Oeystein Olsen, 63, to deliver a surprise rate cut in December, when oil sank to about $63.
(Jim Gehrz/Minneapolis Star Tribune/MCT)

Texas landmen left out of work as oil patch boom times go bust

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Land managers, or landmen as they’re known, are part of a once dying oil patch profession resurrected when production soared.
(Photo by Eddie Seal for Bloomberg News)

Return to $100 oil seen unlikely by Saudis amid shale surge

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Brent oil, the global benchmark, declined almost 50 percent in the past year as Saudi Arabia and others in the Organization of Petroleum Exporting Countries committed to maintain output amid a global surplus.
(Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)

Nigeria’s rating lowered by S&P as oil, politics hit economy

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Africa’s largest economy, which derives 90 percent of export earnings and 70 percent of government revenue from oil, is struggling with Brent crude prices having halved since June.
(Andrey Rudakov/Bloomberg)

Russian exports could be the next biggest threat to global crude oil prices

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Russia may increase oil exports by as much as 250,000 barrels a day this year, according to the Oxford Institute for Energy Studies.
(AFP/Getty Images)

Petrobras said to pick Citi and Bradesco for asset sales

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Petrobras, engulfed in Brazil’s biggest ever corruption scandal, is looking to raise money for expenditures and debt payments this year.
(AP Photo/Hasan Jamali, File)

More Iran oil may flow within months of deal, officials say

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Both sides are seeking a final deal by the end of June laying out steps that Iran would have to take to limit its ability to enrich uranium and produce plutonium in exchange for phasing out economic sanctions on energy and banking that have cut crude exports, choked cash flow and halted most oil investment.
Joe Kaeser, chief executive officer of Siemens AG. (Krisztian Bocsi/Bloomberg)

Siemens drops as oil price slump hurts profitability, sales

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Siemens is in the midst of cutting 9,000 jobs to save 1 billion euros in costs by 2017.