EnergyWatch

British oil fields change hands

Equity fund-owned oil producer Chrysaor, which bought many of Shell's North Sea fields last year, has now been on another shopping spree on the UK Continental Shelf in the North Sea.

Photo: Hjalmar Otto Fjøsne/Aker Solutions

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IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.

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