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The National Petroleum Council has agreed to use the new approach in the US Department of Energy’s 2016 Clear Path IV emergency preparedness exercise to independently track progress in implementing recommendations in its 2014 Enhancing Emergency Preparedness for Natural Disasters report and identify opportunities for continued improvement.

Eni SPA posted a second-quarter adjusted net loss of €290 million compared with an adjusted net profit of €505 million in second-quarter 2015. For the first half, the firm took an adjusted net loss of €267 million compared with an adjusted net profit of €1.23 billion in first-half 2015.

Mitra Energy Inc., Vancouver, BC, has signed a sale and purchase agreement with Quadrant Energy Pty. Ltd., Perth, and Santos Ltd., Adelaide, to purchase 100% of Stag oil field offshore Western Australia.

Three Libyan oil terminals are reported to have reopened after being blockaded since December 2014.

MOL Group has acquired Eni Hungaria, which manages 173 Agip-branded service stations and a wholesale business in Hungary.


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