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Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency (IEA)

French supermajor Total has announced that it has reached a binding agreement with Occidental Petroleum Corporation to acquire Anadarko’s assets in Algeria, Ghana, Mozambique and South Africa for a consideration of US$8.8bn

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