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Added on the 12/01/2016 16:43:36 - Copyright : Reuters EN
Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea to reduce costs as oil prices tumble. As Ciara Lee reports other oil majors are also cutting back with billions of dollars of projects being put on hold.
BP may have to pay $13.7 billion for its role in the 2010 Gulf of Mexico oil spill, after a U.S. judge rejected the company’s attempt to reduce its fine. Hayley Platt reports.
The European Commission urges EU countries to reduce their demand for natural gas by 15 percent over the coming winter months to overcome Russia's energy supply "blackmail". SOUNDBITE
In Luxembourg, German Finance Minister Christian Lindner says it is not yet possible for the EU to cut Russian gas imports as a sanction against Moscow's invasion of Ukraine. SOUNDBITE
London, Sep 23 (EFE) .- (Camera: Clàudia Sacrest) British oil company BP reported this Thursday that it has closed "temporarily" some service stations in the United Kingdom due to the lack of supply of both gasoline as diesel, due to the crisis in the British transport sector.FOTOAGE FROM A GAS STATION OF BRITISH PETROLEUM BP IN LONDON.