Energy
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Petronas Signs First LNG Deal Using Canada’s AECO Price Index
Malaysia’s state-owned energy giant Petronas announced on May 7, 2021, in Singapore, that it had signed a liquefied…
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Why Natural Gas Failed Texas During the February 2021 Winter Storm
AUSTIN, July 13 — The figure that matters from the 2021 Texas power crisis: 22 gigawatts of natural…
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Deepwater Horizon’s Toll: Record $5.5 Billion Penalty and Lasting Damage
WASHINGTON, July 14 — The petroleum industry’s environmental footprint is written into the geological record, the regulatory landscape,…
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How the Three Gorges Dam Works, and Where It Falls Short
BEIJING, July 8 — The world’s largest hydroelectric power station, the Three Gorges Dam on China’s Yangtze River,…
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Indonesia to Boost Crude Imports Amid Low Global Oil Prices
Indonesia has announced plans to increase its crude oil imports following a dramatic drop in global prices. Brent…
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Oil price plunges as Saudi Arabia retaliates with Russia
The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which…
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Saudi Price War Triggers 22% Oil Plunge in Single Day
Brent crude lost more than a fifth of its value in a single day. That is not a…
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Equinor Cancels Oil Drilling Plans in Great Australian Bight Suddenly
On February 25 2020, Equinor, the Norwegian oil and gas company, announced that it would not proceed with…
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Norwegian oil giant cancels plan to drill in Great Australian Bight
Equinor, a Norwegian multinational energy company, announced that it has abandoned its plan to drill for oil in…
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OPEC Holds Emergency Meeting on Coronavirus Oil Threat
Vienna, February 4, 2020 — infopulsetoday.com — The global oil market is staring at a demand collapse that…
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OPEC Rushes Emergency Meeting as Virus Threatens Oil Markets
The Organization of the Petroleum Exporting Countries, together with its ally Russia, has rescheduled its next gathering to…
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OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier…
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Saudi Minister Pledges 9M+ Barrels Daily Output
Saudi Arabia, January 14, 2020 — cyberinktimes.com — Prince Abdulaziz bin Salman stood before the International Petroleum Technology…
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Saudi maintains stable oil supply amid growing tensions
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said they are taking significant measures to sustain oil market…
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Saudi Arabia Vows to Maintain Oil Production Amid Rising Tensions
On 14 January 2020, Saudi Energy Minister Prince Abdulaziz bin Salman told delegates at the International Petroleum Technology…
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Iran Missiles Hit Iraq Bases, Oil Surges 4.5%
Iraq, January 8, 2020 — infopulsetoday.com — Iran’s ballistic missiles slammed into two Iraqi bases hosting American troops…
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Bushfire Smoke Drains Australia Economy $500M
Australia, January 8, 2020 — cybernewschronicle.com — The smoke that has choked Australia’s east coast for weeks is…
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Prices of crude oil soar after Iran’s missile attacks on US forces
The prices of crude oil increased to $65.65 equivalent to 4.5% per barrel in Asian trade while global…
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The Missile Barrage That Taught Markets How to Price a War
SINGAPORE, Jul 28 — For a few hours on January 8, 2020, oil markets flashed a warning that…
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Oil Prices Surge After Soleimani Killing, Strait Concerns
The spike in oil prices after the killing of Iranian General Qasem Soleimani was felt first at the…
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Looking Back at the 2019 Gulf of Oman Tanker Attacks Near Hormuz
STRAIT OF HORMUZ — Two oil tankers were attacked in the Strait of Hormuz, a critical maritime chokepoint,…
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King Hubbert’s Peak Oil Prediction Reshaped Energy Debate
WASHINGTON, July 7 — On the ground in the American oil patch, the ghost of a geologist who…
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Kitsault Energy’s LNG Plan: Shortest Route From BC Shale to Asia
VANCOUVER, July 1 — The bottom line: Canada has a nation-building opportunity on its hands with Kitsault Energy,…
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Drake’s 1859 Well Made Oil a Global Commodity
TITUSVILLE, Pennsylvania — The figure that matters: 69.5 feet. That is the depth at which Edwin Drake struck…
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How NASA’s CLPS 2.0 Contracts Are Redefining Lunar Rover Tech and Costs
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How the Great Unconformity Reveals a Billion-Year Gap in Earth’s Geological Record
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