Ukraine’s energy infrastructure demonstrates unwavering stability and resilience in the face of ongoing challenges, spotlighting President Zelenskiy’s urgent appeal for international solidarity.
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US oil and gas producers are tapping the brakes on drilling activity. For the third week in a row, the rig count in the United States has dipped, according to …
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The United States has clarified its position on India’s purchases of Russian oil, stating they don’t object to India buying discounted Russian crude, as long as Western shipping and financial …
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Oil prices have been on a rollercoaster ride in recent months, and the latest surge above $90 a barrel is causing concern for consumers and businesses alike. This excerpt explores …
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The European Union (EU) is investigating two Chinese companies over potential unfair advantages gained through subsidies in their bids for a solar power plant project in Romania. This move highlights …
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Oil major Shell is pushing for a longer license from the US before giving the green light to a natural gas project in Venezuela. The “Dragon” field, located near the …
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Oil prices surged on Tuesday, April 2nd, 2024, driven by concerns over potential supply disruptions in Russia and the Middle East. The benchmark Brent crude futures contract reached its highest …
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Oil prices edged higher on Wednesday, April 3rd, 2024, on concerns about tighter global crude supplies. A larger-than-expected decline in U.S. crude oil inventories and ongoing geopolitical tensions in the …
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Venezuela’s oil industry is on the rise after Chevron restarted drilling operations. This follows the US easing sanctions on Venezuelan oil in October 2023. The new drilling program is expected …
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Oil prices edged higher on April 1st, with US crude futures settling at a five-month peak. This cautious increase reflects a balancing act in the oil market. Optimism about economic …