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The North American shale boom has been a boon for many smaller energy businesses, but the world's biggest oil companies, including Shell, BP and Exxon Mobil, have had less success unlocking the prolific rock's full potential. Royal Dutch Shell announced it would cut spending by a fifth and lay off staff at its American exploration and production business - AFP Photo.

Engtex Group cancels share placement: Engtex Group Bhd has called off its plan to place out 10% of its paid-up share capital, citing market conditions. — StarBiz


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