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Daily Telegraph: Database: Energy: Opec will maintain production near a two-decade high…

Energy
• Statoil, Norway's largest oil company, raised its stake in a licence in the Norwegian Sea to 75pc by purchasing a stake from BP. Shell and Statoil plan to use carbon dioxide, a greenhouse gas blamed for global warming, from a Norwegian power plant to increase output at oil and natural gas fields starting as early as 2010.
• Opec will maintain production near a two-decade high as violence in Nigeria and a dispute with Iran keep prices above $60 a barrel.

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