Oil prices reach $80 a barrel
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Oil prices briefly touched US$80 a barrel on Wednesday for the first time since May after US stockpiles fell by
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Libya oil revenue booms amid chaos
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Libya’s National Oil Corporation (NOC) has announced year-to-date revenue for 2018 of US$13.6 billion, hitting the highest income since 2013
No swift Iran refund for Total: minister
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Iran will not refund French oil and gas giant Total for its investment in South Pars, the world’s largest gas
Swiss hydropower can handle glacier melt: study
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While melting glaciers provide a temporary boost to Swiss hydropower production, their disappearance does not pose a threat to power
Spinning wind turbine wins design award
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A spinning turbine which can capture wind coming from any direction and could revolutionise how consumers around the world generate
Gazprom unveils vast reserves
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De-facto Russian gas monopoly Gazprom said it had the largest amount of explored natural gas reserves in the world, totalling
Norway to power rigs with Hywind copy
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Norwegian oil and gas giant Equinor is investigating the possibility of building a floating offshore wind farm to power oilfields
Russian delegates eye Kurdish deals
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A Russian energy delegation met the former president of Iraqi Kurdistan, Masoud Barzani, yesterday (Thursday) to discuss boosting ties with
Gazprom profits beat forecasts
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Russian gas exporter Gazprom reported that April-June net profits beat market expectations amid energy price growth. The firm, which provides
Equinor signs tech deal for giant fields
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Tech firm Alcatel Submarine Networks (ASN) has won a contract from Norwegian energy giant Equinor for permanent reservoir monitoring (PRM)
Novatek plans Murmansk LNG terminal
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Novatek is planning to build a second 20 million tonnes per annum (mpta) LNG trans-shipment plant in Ura Bay in
Total officially axes Iran contract
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France’s energy giant Total has been forced to officially abandon its Iranian gas field deal, estimated to be worth US$4.8
Total abandons Iran stake: agencies
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French oil and gas giant Total will purportedly “abide by the US sanctions” and abandon its investment in Iran. “When
Caspian states agree legal status
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The leaders of Russia, Kazakhstan, Iran, Turkmenistan and Azerbaijan have agreed the legal status of the Caspian Sea, helping to
Russia braces for US sanctions
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Fresh US sanctions placed on Russia may put the country’s long-term crude production potential at risk as they target certain