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BP posts profits of $3.3bn as oil prices rise again

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Energy giant BP has reported profits of $3.3bn (£2.7bn) between July and September as oil prices began to rise again. Its profits were down from...

Oil prices rise following Hamas attack on Israel

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Oil prices jumped by 4% on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. West Texas...
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Senators question crude oil commercialization timeline

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The Energy Committee of the Senate wants the Ministry of Energy and Petroleum to conduct an actuarial study on the commerciality of crude oil...

Chevron: Workers at major Australia gas facilities to strike

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Workers at two large liquefied natural gas (LNG) plants in Australia, operated by US energy giant Chevron, are set to go on strike from...

Oil prices rise 2pc as market weighs supply cuts against economic...

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Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters Saudi Arabia and Russia against a weak global economic...

Murungi calls for investment in oil production to tap Ksh 1T...

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National Oil Corporation of Kenya Chairman Kiraitu Murungi is calling on the government to intensify investments in oil production in order to access potential...

Oil prices rise as Saudi Arabia pledges output cuts

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Oil prices have risen after Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July. Other members of Opec+,...

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