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Island Drilling swings to loss on impairment

Island Drilling, a Norwegian drilling contractor owning the Island Innovator semi-submersible drilling rig, has ...

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BG Group responds to low oil prices. Reduces capex

BG Group, one of UK’s largest energy companies will reduce its capital expenditure for 2015, as a response to ...

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Transocean takes $2.8B charge. Delays 3Q results

Transocean Ltd. has announced that it expects its third quarter 2014 results to include a non-cash charge of $1.97 ...

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