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Drilling & production - 14 February 2013

 
 

Rio Tinto announces first loss since 1995

Anglo-Australian mining giant, Rio Tinto, has announced a US$ 3 billion loss in 2012, following massive writedowns on its aluminium and Mozambique coal businesses.

 

Tanker owners set for tough year

Drewry’s latest Tanker Forecast report predicts that overcapacity will result in a difficult year for oil tankers.

 
 
 

Climate change in America

According to a poll, 605 of Americans support Presidential action to fight climate change.