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Kupe light crude oil ready to ship

Origin Energy New Zealand has revealed that the Kupe gas project will be making the first shipment of light crude oil from Taranaki port on January 17.

Upstream deals boost oil and gas companies’ outlooks

The value of oil and gas deals announced last year increased by 10% from 2008 to $198 billion, although the total number of deals fell from 1,152 to 837, according to Ernst & Young’s third annual global oil and gas transactions review.

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