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Oil majors go solo with emissions campaign

BP and ConocoPhillips will not renew their respective memberships of the US Climate Action Partnership (USCAP), announcing separate plans to engage policymakers as individual organisations.

Iraq's capacity puts pressure on oil prices

The recovery of Iraq’s oil industry is putting downward pressure on global oil prices as the ability of the world market to absorb the extra capacity might be limited, say oil experts.

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