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According to the Australian Petroleum Production and Exploration Association (APPEA), the capacity of Australia to find and develop petroleum resources can be negatively affected by the petroleum resource rent tax (PRRT) review conducted by the Department of the Treasury. In...
Saudi Arabia, which is the biggest exporter of crude oil in the world, has raised pricing for such a commodity for March sales, as the oil-output cuts by the Organization of Petroleum Exporting Countries (OPEC) and other producers are...
A discussion paper by the Ministry of the Environment and Climate Change in Ontario has proposed a renewable fuel standard (RFS) for gasoline in an effort to cut greenhouse gas (GHG) emissions in the province. The paper entitled “Developing a...
While Iran is developing its oil and gas fields, the country’s Deputy Oil Minister for International Affairs, Amirhossein Zamaninia, said that American sanctions are making cooperation between the two nations impossible. In a speech, Zamaninia said that Tehran has not...
In a bid to increase its energy security, India plans to add two more strategic crude oil reserves, according to the country’s Finance Minister Arun Jaitley. Specifically, the reserves will be set up in Bikaner and Orissa in addition to...
The much-publicized trade war between the US under the leadership of President Donald Trump and Mexico is believed to crash natural gas prices, considering both countries’ mutual dependency on such a commodity. According to 2016 records, the US exported around...
An energy-from-waste (EfW) power plant, which was built by renewable energy firm New Horizons Energy Ltd. and gas company Afrox, was inaugurated for operation in Athlone, South Africa. This new plant was specifically designed to create usable biomethane from organic...
As part of the agreement it signed with the Organization of the Petroleum Exporting Countries (OPEC) in October 2016, Saudi Arabia has reduced oil production by 486,000 barrels per day, stabilizing oil prices at above $50 per barrel. Now,...
TechSci Research, a trusted source of market reports, has projected growth in the subsea umbilicals, risers, and flowlines or SURF market through 2021. This is driven by the maturing onshore fields, surging energy demand, and increasing offshore hydrocarbon exploration...
Fuel prices in the US, especially for gasoline and natural gas, are expected to go up this 2017, according to the first short-term outlook by the Energy Information Administration (EIA). The new forecast indicates that crude oil prices in the...

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