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Business news - 09 September 2011

 

Hess acquires additional Utica shale acreage

Hess Corp. has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately US$ 750 million.

 

Energy is a solution to the jobs problem

The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.