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Royal Dutch Shell (RDS.A, RDS.B) is among winning bidders at Colombia’s first government...
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Wednesday, October 17, 2012, 5:52 PM ETRoyal Dutch Shell (RDS.A, RDS.B) is among winning bidders at Colombia’s first government auction of oil and natural gas blocks in two years, as the country - whose oil output has jumped 72% since 2007 - seeks to boost reserves by ~$2.6B to ensure production will keep rising after improved security drew record international investment.
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