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Oil Prices End 2022 On High, Although Demand Worries Persist

Despite a sudden increase in US crude supplies, worries about the recession, and worries about demand because of a repeat of COVID-19 infections in...

Indonesia Awards Two Oil-Gas Licenses To Boost Production

According to the director general of oil and gas for the energy ministry, Indonesia has given two more oil and gas exploration blocks to...

Oil And Gas Sector Has A New Form of Financing Is Thriving

Private U.S. oil and gas producers are looking at a rising market for alternative funding as banks have stopped supporting oil and gas operations...

Egypt Opens New Round Of Global Bids For Oil-Gas Exploration

The Egyptian Upstream Gateway will be used to solicit bids from international companies to search for natural gas and crude oil in 12 areas...

India Plans A $2 Bn Investment For Green Hydrogen Sector

According to three sources cited by Reuters, India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to...

Iberdrola will invest more than 1,100 million euros in a green hydrogen plant in...

Iberdrola Australia and hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia)....

Russia Says It Might Cut Oil Output After The Price Ceiling

In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7% in early 2023 and...

Mid-2023, Newest Mexican Oil Refinery Will Run Half Strength

According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex will complete half of...

Gas Discovery In Cyprus Brings Considerable Energy Potential

According to the Cypriot government, a recent gas discovery off the coast of Cyprus demonstrates the bright energy potential of the eastern Mediterranean. The Italian...

$674m Gas Project Halted After Australian Market Meddling

The Australian government's radical intervention in the gas market has shown that it could hurt future investments. For instance, Senex Energy stopped a A$1...