Basra’s demand for electricity is set to rise by double Iraq’s national average, but limited finances and a precarious security situation stand in the way of rolling out gas-fired generation.
Tensions are escalating in the South China Sea. The area may become unstable, and oil and gas reserves are potentially at stake.
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Shell has shed 40 projects worth a combined $15 billion from its investment plan for the next three years, shifting focus to large projects near to or past the FID stage.
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