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Oil&Gas
Oil, Gas Companies Follow Futures Higher — Energy Roundup
Published: Feb. 15, 2024 at 6:43 p.m. ET
Shares of energy companies gained as oil futures recovered from the previous day's fall. The West Texas Intermediate crude…
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Oil prices on track for back-to-back declines after jump in crude inventories
Published: Feb. 15, 2024 at 6:45 a.m. ET
Oil futures fell early Thursday, on track for back-to-back declines after data showing a sharp rise in U.S. crude…
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Barclays Lags European Peers in Halt To Funding New Oil and Gas Fields
UK banking giant Barclays has just announced that it will drop direct funding for new oil and gas projects, joining other major European banks in halting the financing of…
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Philippines To File Charges Against Sunken Oil Tanker Owners
The Philippine government said Wednesday it will file criminal charges against the owners of an oil tanker that sank off a central island nearly a year ago, causing severe…
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As U.S. Pauses New LNG Project Permits, Iran Moves Full Ahead On Its Own
Since Russia invaded Ukraine on 24 February 2022, liquefied natural gas (LNG) has become the world's key emergency energy supply. It does not require the years of planning…
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Norway’s Top Oilfield Could Hit Peak Production by Year-End
The Johan Sverdrup oilfield in Norway, Western Europe’s biggest oilfield which came online in 2019, will likely reach peak production rates by late 2024, earlier…
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EIA Estimates USA Crude Oil Output Hit All Time High In December
In its latest short term energy outlook (STEO), which was released last week, the U.S. Energy Information Administration (EIA) estimated that U.S. crude oil production…
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Angola reports massive growth in non-oil exports
Institutional Capacity Building Project for Private Sector Development, which was implemented in Angola between 2014 and 2023, delivered better-than-expected outcomes as shown…
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NIOC to ink deals worth $14b to develop oil, gas fields by late March
TEHRAN – The head of the National Iranian Oil Company (NIOC) has said the company is going to ink contracts worth $14 billion with domestic companies for the development of the…
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