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Metso to supply control valves for $3bn petrochemical plant in Turkmenistan

Metso has been selected by Hyundai Engineering to provide large control valves for oil and gas company Turkmengas's $3bn petrochemical plant project in Turkmenistan.

CERAWEEK-U.S. Interior to look at flexible onshore oil royalty model

HOUSTON, April 20 (Reuters) - The U.S.

Canadian oil producers need to learn lessons from Keystone XL saga

One of the main lessons from the Keystone XL pipeline saga for Canadian oil producers is that they need to take greater control of their destiny.

UPDATE 1-Canada's Legacy Oil + Gas targeted by activist shareholder

CALGARY, Alberta, April 20 (Reuters) - Intermediate producer Legacy Oil + Gas Inc formed a special committee on Monday to deal with hedge fund FrontFour Capital's move to gain seats on its board, the first major case of shareholder activism in Canada's oil patch since last year's sharp drop in crude prices.

CERAWEEK-Oil price collapse calls for new breed of CEO -consultant

HOUSTON, April 20 (Reuters) - The energy sector will need a "new breed" of executives who innovate in real-time to effectively navigate through the crude oil price collapse and the industry transformation that is expected to follow, an energy headhunter and leadership consultant said on Monday.

CERAWEEK-Evoking Iran, U.S. senator pushes for oil exports

HOUSTON, April 20 (Reuters) - Senator Lisa Murkowski (R-Alaska) said on Monday she will introduce legislation this year to allow U.S. crude exports, saying the Obama administration should not dare lift sanctions on Iran before scrapping the U.S. crude export ban.

Lower cost cuts at Halliburton may give Schlumberger near-term edge

April 20 (Reuters) - Halliburton Co's decision to cut fewer jobs and keep its logistics network intact to capitalize on its pending merger with Baker Hughes Inc could give Schlumberger NV an edge at a time when cost cuts look like the best way forward.

U.S. court hears Chevron's fraud claims in $9.5 bln Ecuador dispute

April 20 (Reuters) - Chevron Corp urged a U.S.

UPDATE 2-BlackRock to pay $12 mln in SEC conflict of interest case

April 20 (Reuters) - BlackRock Inc, one of the world's largest asset managers, agreed to pay $12 million to resolve civil charges that one of its unit failed to disclose a conflict of interest created by one of its top portfolio managers.

UPDATE 1-Rothschild vehicle considering offer for coal miner ARMS

April 20 (Reuters) - A trust controlled by British financier Nat Rothschild and the parent of Russia's Siberian Coal Energy Co are considering making a cash offer for coal miner Asia Resource Minerals Plc, which has most of its operations in Indonesia.

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