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  • Oil industry joins world of 3D printing Thursday, 23 Jan 2014 | 8:53 AM ET

    NEWCASTLE, England, Jan 23- General Electric's oil and gas division will start pilot production of 3 D printed metal fuel nozzles for its gas turbines in the second half of this year, a major step towards using the technology for mass-manufactured parts in the industry.

  • CALGARY, Alberta, Jan 22- TransCanada Corp said on Wednesday it is shipping crude oil on the 700,000- barrel-per-day Gulf Coast pipeline, a $5.3 billion project expected to help eliminate a bottleneck that has warped the U.S. oil market for three years.

  • Jan 17- Schlumberger Ltd, the world's largest oilfield services company, posted a better-than-expected fourth-quarter profit on Friday as robust international activity offset stiff competition in North America.

  • Jan 17- Schlumberger Ltd, the world's largest oilfield services company, reported a better-than-expected 22 percent jump in fourth-quarter profit as robust international drilling activity made up for weakness in North America. Most of Schlumberger's gains in North America came from the U.S.

  • Jan 17- Schlumberger Ltd, the world's largest oilfield services company, reported a 22 jump in quarterly profit, helped by robust drilling activity outside North America. Net income rose to $1.66 billion, or $1.26 per share, in the fourth quarter ended Dec.31, from $1.36 billion, or $1.02 per share, a year earlier. Revenue rose about 7 percent to $11.91 billion.

  • NEW YORK/ WASHINGTON, Jan 14- The U.S. In a 19- page document that included two dozen questions, the Fed offered a host of reasons for imposing new restrictions in the interests of protecting the safety and soundness of the banking system, invoking incidents among which were BP's Deepwater Horizon disaster and last summer's oil-train tragedy in Quebec.

  • Jan 13- Eighteen of 20 tanker cars carrying oil that derailed in the fiery crash of two trains in North Dakota in late December were punctured, spilling more than 400,000 gallons of crude oil, safety regulators reported on Monday.

  • Jan 13- Eighteen of 20 tanker cars carrying oil that derailed in the fiery crash of two trains in North Dakota in late December were punctured, spilling more than 400,000 gallons of crude oil, safety regulators reported on Monday.

  • TORONTO, Jan 10- A fire on a crude oil tanker on a Canadian National Railway Co train that derailed this week in New Brunswick was extinguished by Friday afternoon and CN said blazes on cars carrying liquid petroleum gas would be put out shortly.

  • Jan 10- Baker Hughes Inc, the world's third-largest oilfield services company, estimated fourth-quarter profit well below Wall Street expectations, largely due to the suspension of its operations in Iraq following a protest.

  • Jan 10- U.S. oilfield services company Baker Hughes Inc estimated fourth-quarter profit well below Wall Street expectations, largely due to the suspension of its operations in Iraq following a protest. Baker Hughes halted activities in Iraq in November and issued force majeure notices to customers after a protest at a facility near the southern town of Basra.

  • TORONTO/ OTTAWA Jan 9- Some of the crude-oil tanker cars on the Canadian National Railway train that derailed and caught fire in New Brunswick on Tuesday appear to be of an older type that regulators have warned is vulnerable to leaks and explosions.

  • Periphery euro zone leads European shares higher Thursday, 9 Jan 2014 | 6:08 AM ET

    PARIS, Jan 9- Investors bought peripheral euro zone stocks on Thursday, pushing bourses in Madrid, Milan and Lisbon to outperform northern peers again as confidence grows in Southern Europe's struggling economies. Spain's IBEX, Italy's FTSE MIB and Ireland's ISEQ rose 1.1-1.4 percent, while Portugal's PSI 20 added to recent sharp gains, up 0.5 percent.

  • Periphery leads European shares higher ahead of ECB Thursday, 9 Jan 2014 | 4:51 AM ET

    PARIS/ LONDON, Jan 9- Investors bought peripheral euro zone stocks on Thursday, with bourses in Madrid, Milan and Lisbon outperforming again as confidence grows in Southern Europe's struggling economies.

  • Brakes implicated in Canadian oil train derailment Wednesday, 8 Jan 2014 | 10:48 AM ET

    OTTAWA, Jan 8- An "undesired brake application" caused Tuesday night's derailment in New Brunswick of a Canadian National Railway train carrying crude oil and propane tanker cars, the Transportation Safety Board of Canada said on Wednesday.

  • TRIPOLI, Jan 8- Libyan Prime Minister Ali Zeidan warned oil tankers to stay away from eastern terminals seized by armed protesters or they could be sunk, as a confrontation over control of Libya's crude escalated.

  • *Libya armed forces warn oil tankers away from seized ports. NEW YORK, Jan 7- Oil rose on Tuesday as frigid weather in North America hurt some refinery operations and worries grew over Libyan output and fighting in Iraq. "The refineries shutting down is the story of the day," said Joseph Posillico, senior vice president at Jefferies Bache in New York.

  • *Libya armed forces warn oil tankers away from seized ports. NEW YORK, Jan 7- Oil rose on Tuesday as frigid weather in North America hurt some refinery operations and as new worries arose over Libyan output and fighting in Iraq.

  • TRIPOLI, Jan 7- Output at Libya's El-Sharara oilfield rose more on Tuesday to over two thirds of full capacity and a pipeline shipping condensate- very light crude- to a western port reopened, marking progress in government efforts to rebuild vital exports.

  • WASHINGTON, Jan 5- Federal regulators are unlikely to step up enforcement of potential water contamination cases linked to natural gas drilling- despite new concerns about water safety- given a lack of political will and limited resources to pursue such cases, analysts said.

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