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European anti-trust investigators searched the offices of price agency Platts and at least one major oil company for a third day on Thursday, hunting for evidence of possible price manipulation on oil markets, witnesses said.
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LONDON, May 16- European anti-trust investigators on Thursday searched the offices of price agency Platts and at least one major oil company for a third day, hunting for evidence of possible price manipulation on oil markets, witnesses said.
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BP PLC fell$. 14 or. 3 percent, to $42.84. ConocoPhillips rose$. 22 or. 4 percent, to $62.64. Exxon Mobil Corp. fell$. 59 or. 6 percent, to $90.65.
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LONDON/ ZUG, Switzerland, May 16- Glencore bosses tightened their grip on the newly enlarged miner and trader on Thursday, as shareholders voted out all former Xstrata directors including the already outgoing chairman, replacing him with former BP boss Tony Hayward.
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LONDON, May 16- British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil disaster in 2010, the BBC reported Thursday.
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BP PLC fell$. 13 or. 3 percent, to $42.98. ConocoPhillips fell$. 64 or 1.0 percent, to $62.42. Exxon Mobil Corp. rose$. 13 or. 1 percent, to $91.24.
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LONDON, May 15- A Hungarian ethanol producer said it alerted the European Commission over the role of price agency Platts in setting prices, feeding into an investigation of three major oil companies. Pannonia Ethanol, a recent entrant to Europe's ethanol market, on Wednesday became the first company to identify itself as having complained to Brussels.
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*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
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BP PLC fell$. 13 or. 3 percent, to $42.98. ConocoPhillips fell$. 63 or 1.0 percent, to $62.43. Exxon Mobil Corp. rose$. 04 or percent, to $91.15.
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*Fire on April 15 caused by high-voltage cable. LONDON/ NEW YORK, May 15- Angola's hopes of becoming this year's only major new liquefied natural gas supplier suffered another setback in April after fire occurred at its plant just hours before production was to begin.
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LONDON, May 15- A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks. Authorities on Tuesday carried out a surprise inspection at Platts' London bureau as well as the offices of Royal Dutch Shell, BP and Statoil.
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European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.
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BP PLC fell$. 14 or. 3 percent, to $42.97. ConocoPhillips fell$. 48 or. 8 percent, to $62.58. Exxon Mobil Corp. fell$. 30 or. 3 percent, to $90.81.
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LONDON, May 15- A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks. Authorities on Tuesday carried out a surprise inspection at Platts' London bureau as well as the offices of Royal Dutch Shell, BP and Statoil.
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Follows EC probe, searches of BP, Shell, Statoil offices. LONDON, May 15- Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing.
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CONVERSE COUNTY, Wyo.-- Wind farms in this corner of Wyoming have killed more than four dozen golden eagles since 2009, one of the deadliest places in the country of its kind.
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LONDON, May 15- Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, while a stronger U.S. dollar and ample supplies put additional pressure on on the price. Brent crude slipped 42 cents to $102.18 a barrel by 1200 GMT.
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*Follows EC probe, searches of BP, Shell, Statoil offices. LONDON, May 15- Britain expects oil firms to fully comply with a European Commission's probe into energy pricing and would be deeply concerned if prices have been driven up, a spokesman for Prime Minister David Cameron said on Wednesday.
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LONDON, May 15- Oil slipped towards $102 a barrel on Wednesday after data showed the euro zone's recession extended to the longest on record, with a rising supply outlook also weighing on prices. Brent crude slipped 16 cents to $102.44 a barrel by 1005 GMT. Germany, the region's largest economy, narrowly dodged falling into recession thanks to a rise in consumption.
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*BG Group, OGX, Total, BP among big winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received a jolt of serious interest from private investors.
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SINGAPORE, May 15- U.S. crude futures held steady above $94 a barrel in early Asian trade on Wednesday, snapping the longest losing streak since early-December on rising supplies amid slowing demand growth. U.S. oil gained 9 cents to $94.30 a barrel by 0038 GMT, after ending 96 cents down.