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LATEST INDUSTRY NEWS

Oil Drops as Gasoline Stocks Rise, Fed Weighs Winding Down of Stimulus

Crude futures drop 2% on a government report showing rising fuel supplies and signs that the Federal Reserve may be closer to winding down stimulus efforts.

Laredo, EnerVest Agree to Anadarko Basin Transaction

Laredo sells assets to raise capital for drilling activities in the Permian basin.

Brazil's OSX Cuts Workforce Amid Broader Reorganization

OSX Brasil has laid off more than 300 employees as part of a broader reorganization plan to reduce spending and focus on hard orders.

Delta SubSea, FMC Schilling Robotics Pen Framework Agreement

Delta SubSea enters a multi-year framework agreement with FMC Schilling Robotics.

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