Articles
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5 days ago |
oilprice.com | Tsvetana Paraskova
U.S. clean energy firms scrapped or downsized $7.9 billion worth of projects in Q1 2025. Over $6 billion in canceled projects and 10,000 lost jobs have occurred in GOP-held districts as a result. Despite some ongoing projects, new investment pledges have slowed dramatically.
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6 days ago |
oilprice.com | Tsvetana Paraskova
Iraq’s crude and oil product exports fell by 110,000 barrels per day (bpd) from a year earlier to 3.7 million bpd in the first quarter of 2025, per data from Energy Research Unit cited by Shafaq News. The 3% drop in exports came as OPEC’s second-largest producer continues to restrict oil production as part of the OPEC+ agreements.
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6 days ago |
oilprice.com | Tsvetana Paraskova
Pakistan has recorded the first substantial increase in its domestic oil reserves since 2020, with new discoveries and higher production leading to a 23% annual increase in reserves to 238 million barrels as of December 2024. The key fields contributing to the increase include Pasakhi/Pasakhi North East, Rajian, Kunar, Sono, Thora, Jhandial, and Lashari Centre, according to a report by Arif Habib Limited cited by Pakistani media.
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6 days ago |
oilprice.com | Tsvetana Paraskova
India plans to remove an unlimited liability clause in its nuclear energy laws in a bid to attract foreign firms, especially U.S. companies, to its nuclear energy sector. The Indian Department of Atomic Energy has prepared a bill that would remove a clause in the Civil Nuclear Liability Damage Act of 2010 that exposes suppliers to unlimited liability if accidents occur, government sources told Reuters.
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6 days ago |
oilprice.com | Tsvetana Paraskova
China hasn’t imported liquefied natural gas from the United States since early February, as the tariff war hit energy trade and could have long-term consequences for U.S. LNG export contracts. The last LNG cargo to arrive in China from America was a tanker from Corpus Christi, which docked in the southern Chinese province of Fujian on February 6, according to shipping data cited by the Financial Times.
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