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New tax breaks have brought a wave of investment as BP Plc decided to add two new drill rigs to the North Slope. The project, which is to be wrapped up by 2016, is an essential element of a $1 billion investment plan the British oil giant wants to introduce over the next five years.

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Echoing for U.S President Barack Obama has now been saying for a while, billionaire investor Warren Buffett recently made public his opinion that the United …

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