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Oman, UAE Deluge 'Most Likely' Linked To Climate Change: Scientists
Thursday April 25th, 2024 03:42:11 PM
Global warming caused by fossil fuel emissions "most likely" exacerbated the intense rains that lashed the UAE and Oman last week, causing deaths and widespread flooding, an expert group of scientists said Thursday.
Oman, UAE Deluge 'Most Likely' Linked To Climate Change: Scientists
Thursday April 25th, 2024 03:42:11 PM
Global warming caused by fossil fuel emissions "most likely" exacerbated the intense rains that lashed the UAE and Oman last week, causing deaths and widespread flooding, an expert group of scientists said Thursday.
Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official
Saturday November 21st, 2015 01:48:00 PM
TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers.
Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 and in London in February.
With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming
Sunday November 8th, 2015 10:32:47 PM
A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December.
How Will Federal Budget Deal Affect US Oil Security?
Wednesday October 28th, 2015 07:27:23 PM
As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.
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