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Can China Maintain Its Clean Energy Dominance?

OilPrice

Despite being the worlds biggest polluter, China is also a renewable energy superpower. Following decades of investment, China is the worlds biggest green energy producer, and its renewable energy capacity keeps on growing. As Chinas renewable energy sector continues to expand, how long will this last until the bubble bursts?

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Russia Set to Resume Oil & Gas Operations in Iraqi Kurdistan 

OilPrice

Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev. This encompassed the KRI, much of the rest of Iraq under the control of its Federal Government

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IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

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Ecuador’s President Noboa demands $1.5 billion early payment for major oil deal

Oil & Gas 360º

(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. had until April 4 to make the payment.

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ADNOC Mulls International Listing of Its New $80-Billion Energy Firm

OilPrice

Abu Dhabis national oil company ADNOC is considering an initial public offering of its newly-created energy investment firm XRG on a stock market outside the United Arab Emirates, in what could be one of the worlds biggest IPOs ever, Reuters reports, citing sources with knowledge of the plans.

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Russia Switches to Crypto in Oil Trade

OilPrice

Russia is increasingly using cryptocurrencies in its oil trade with top clients China and India amid U.S. sanctions, Reuters has reported, citing unnamed sources, who said Russian oil traders were using the cryptocurrencies to facilitate the conversion of yuans and rupees into rubles. Cryptocurrencies

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Iran Sanctions Prop Up Oil Prices

OilPrice

A new round of sanctions targeting Irans oil industry and the countrys oil minister boosted oil prices earlier today, offsetting the negative effect of the International Energy Agencys latest monthly report, released Thursday. The IEA said in the March edition of its Oil Market Report that global oil supply was 600,000

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