
Iran keeps spending despite oil price slump
Despite the slump in oil prices, the Iranian government aims to invest more than $16 billion in development projects, a planning director said. ... more
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Light for British shale gas work turning green
With federal permits in hand, British shale gas pioneer Cuadrilla Resources said Friday it was committed to a light environmental permit despite public uproar. ... more
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NASA moves moon rocket to launch pad ahead of Artemis 2 mission
GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles
JWST red dots reveal rapidly growing early black holes
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Kremlin: West declared economic war on Russia
Low credit ratings issued against a Russian economy crippled by low oil prices and sanctions are part of a Western economic war, a Kremlin official said Friday. ... more
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Oil, gas acreage in Gulf of Mexico up for auction
More than 40 million acres in the U.S. Gulf of Mexico will go on the auction block in March for exploration and development, the U.S. government said. ... more
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Norway's Statoil hit by low oil prices
Norwegian energy company Statoil said Friday fourth quarter earnings were affected by declining oil prices, though production forecasts were strong. ... more
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Spending cuts drive rally for crude oil
Crude oil prices extended their rally Friday, posting some of the biggest two-week gains in recent trading as markets show signs of moving above a floor price. ... more
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Some Kurdish oil exports suspended
Exports from the Kurdish north of Iraq through Turkey are suspended while payment negotiations continue, Gulf Keystone Petroleum said Friday. ... more
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