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Energy

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arclein

In November, Khalid al-Falihj, chief executive of state-owned Saudi Aramco, disclosed that Riyadh has halted a planned $100 billion expansion after the kingdom had reached 12 million bpd capacity.

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RT.com

Russian authorities are considering creating a reserve stock of Russia’s main natural resource – oil. They say it would provide a more flexible oil export policy as well as affect domestic prices.

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www.telegraph.co.uk

Iran on Thursday played down the impact of new Western sanctions targeting its vital oil sector, after European diplomats said they have reached preliminary agreement on an EU oil ban from the Islamic republic.

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Mahendra Ramsinghani via TechnologyReview.com

The Nissan Leaf is the first all-electric car to try to connect to a mass market. Now Nissan is betting on a U.S. factory that can turn out 150,000 cars a year.

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www.ajc.com

The failed Range Fuels wood-to-ethanol factory in southeastern Georgia that sucked up $65 million in federal and state tax dollars was sold Tuesday for pennies on the dollar to another bio-fuel maker with equally grand plans to transform the alternat

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www.reuters.com

(Reuters) - European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said on Wednesday, dealing a blow to Tehran that crowns new Western sanctions months before an Iranian election.

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Washington Post

Iran escalated its war of words with the United States on Tuesday with a warning to Navy ships to stay out of the strategic Strait of Hormuz, remarks that rattled commodities markets and helped send oil prices soaring.

thelibertyadvisor.com/declare