Canadian oil giants closer to finalizing takeover

In Canada, 2 Oil Giants Agree to Merge
Suncor Energy has agreed to acquire Petro-Canada in an all-stock deal worth about $15 billion.

Fire on Apache platform kills worker
Oil and gas company Apache Corp. says a fire erupted on a platform off Louisiana in the Gulf of Mexico, killing one worker and sending two others to the hospital.

NYT: With Iraq foothold, oil giants eye future
Major oil companies are finally gaining access to Iraq’s petroleum reserves, but at far less advantageous terms than they once envisioned.

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