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Energy
Australia greenlights offshore wind feasibility licences
Australia has approved on Wednesday six projects to explore the potential of constructing offshore wind farms along…
S. Arabia mulls crude price hike to Asia
Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…
China boosts energy storage for green goals
China’s energy storage capacity has seen a significant expansion in Q1 as part of the country’s green energy…
Namibia’s NAMCOR inks development deal with Chevron
Namibia's state-owned oil NAMCOR has inked a development agreement with Chevron, wherein the American energy giant…
US Venture Global LNG to initiate LNG operations by mid-24
Venture Global LNG Inc. is poised to initiate operations at its second liquefied natural gas (LNG) export site in…
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
OPEC+ expresses excitement over Namibia partnership
The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia…
Russia’s oil, gas revenues to double in April – Reuters
Russia's oil and gas revenue is projected to nearly double in April compared to the previous year, reaching $14…
China to resort to obscure oil amid US sanctions
China's private refiners may resort to purchasing obscured-origin cargoes to sustain crude inflow amid impending US…
Wind energy outperforms fossil fuels in UK
For the first time on record, wind farms led the UK's electricity generation for two straight quarters, producing…