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What the catastrophe in the Gulf of Mexico means for the oil industry

A new era dawned for the oil industry on 20 April 2010. Since the oil platform “Deepwater Horizon” went up in flames that day, the industry has been experiencing significant changes.

p>A new era dawned for the oil industry on 20 April 2010. Since the oil platform “Deepwater Horizon” went up in flames that day, the industry has been experiencing significant changes.

Hardy bows out of Nigeria play

LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

p style="margin-bottom: 0cm;">LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

Mozambique refinery close to funding

MOZAMBIQUES OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the companys chief executive.OZAMBIQUES OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the companys chief executive.

EG picks KBR for refinery

EQUATORIAL GUINEA HAS picked US engineering firm KBR Inc to design a planned 20,000 bpd oil refinery, according to a senior government official.QUATORIAL GUINEA HAS picked US engineering firm KBR Inc to design a planned 20,000 bpd oil refinery, according to a senior government official.