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Energy
India’s decision to halt Russian oil imports surprises US
The US was surprised by India's decision to halt Russian oil imports, given Washington's interest in maintaining…
Russia’s railway gasoline exports decline in March
Railway gasoline exports from Russia drastically declined in March due to a fuel embargo, tightening the domestic…
China’s Chongqing boosts NEV charging infrastructure
Southwest China's Chongqing Municipality announced ambitious plans to construct over 2,000 supercharging stations…
OPEC+ keeps output policy unchanged
OPEC+ ministers kept output policy unchanged due to the oil market aligning with the group's preferences,…
Egypt to purchase LNG to curb potential summer shortage
Egypt has initiated the purchase of liquefied natural gas (LNG), a notable departure for the typically exporting…
BofA revises ’24 Brent, WTI oil price forecasts
Bank of America's (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing heightened…
UAE’s Lunate acquires 40% in ADNOC pipelines
Lunate, an Abu Dhabi-based alternative investor, acquired a 40 per cent stake in ADNOC assets from BlackRock and…
Iran’s oil exports surge to $35.8b in year leading to March
Iran's oil exports surged to $35.8 billion in the 12 months ending March 2024, according to Mohammad Rezvanifar,…
China’s Inner Mongolia achieves new energy milestone
Inner Mongolia, an autonomous region in North China, set a record by becoming the first provincial-level region in…
Russia’s ambitious LNG export expansion plans stumbled by US sanctions
US sanctions are hindering Russia's ambitious liquefied natural gas (LNG) export expansion plans, notably delaying…