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Saudi Aramco Increases Reserves at Jafurah Field

By Andrea Figueras Saudi Arabian Oil Co. has added what it said were significant volumes to its proven natural gas and condensate reserves at its Jafurah.

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Mexico's Pemex Swings to 4Q Net Profit on Tax Breaks

By Anthony Harrup MEXICO CITY Mexican state oil company PetrĂ³leos Mexicanos swung to a net profit in the fourth quarter as tax benefits coupled with a.

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