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Pike River coal has finally hit its target. Tunnellers struck the Brunner seam of hard coking coal yesterday afternoon after more than two years of tunnelling and more than a decade in planning. Coal will be extracted immediately...

Planned talks in Tokyo between state-owned Turkiye Petrolleri and Mitsubishi Corp will hold talks in Tokyo to jointly develop oil fields in Iraq, Bloomberg has reported. Talks will be held as early as this week regarding a joint oil exploration and production in Iraq.