Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil
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Tag: Energy
UK backs Rolls-Royce project to build a nuclear reactor on the moon
Rolls-Royce has been working on a Micro-Reactor program “to develop technology that will provide power needed for humans to live and work on the Moon.”
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Russia’s oil revenues fall sharply as the West’s price cap starts to bite, IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and
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The China-brokered Saudi-Iran deal has big repercussions for the Middle East — and the U.S.
A man in Tehran holds a local newspaper reporting on its front page the China-brokered deal between Iran and Saudi Arabia to restore ties, signed
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China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom
China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress
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BlackRock says European companies are showing ‘surprise resilience’ — and better value than the U.S.
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York
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Oil chief leading COP28 climate summit urges energy industry to ‘up its game’ to reduce emissions
“Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Abu Dhabi National Oil Company CEO
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Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC
The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab
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The Russia-Ukraine war remapped the world’s energy supplies, putting the U.S. at the top for years to come
An LNG import terminal at the Rotterdam port in February 2022. Federico Gambarini | Picture Alliance | Getty Images Russia’s invasion of the Ukraine a
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Oil companies hit with backlash after bringing in $200 billion in profits last year
Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest integrated European and American oil companies nearly doubled during
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