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woodsPERTH: Wooside Petroleum said on Wednesday it had shut oil production at its Vincent oil field off the coast of northwestern Australia due to a forecasted cyclone.

A tropical low currently off the northwest coast will strenghten into a category two cyclone by Friday, according to Australia's Bureau of Meterology.

Copyright Reuters, 2012


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
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WeeklyOctober 08, 2015
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