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Russia to start building two nuclear reactors in Hungary soon: Putin
President Vladimir Putin said on Tuesday that the Russian state atomic energy firm Rosatom would start the construction of two new reactors at the Paks power nuclear plant in Hungary soon.
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U.S. oil drillers add fewest rigs in quarter since 2017: Baker Hughes
U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.
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U.S. oil drillers add fewest rigs in quarter since 2017: Baker Hughes
U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.
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Oil firm as OPEC, Russia resist calls to raise output as Iran sanctions loom
Oil markets have been driven up by looming U.S. sanctions against Iran and an unwillingness or inability by Middle East dominated producer cartel OPEC and Russia to raise output.
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Qatar to boost gas output in sign of strength amid Gulf rift
Qatar announced plans on Wednesday to boost its liquefied natural gas (LNG) production capacity, which will put the tiny state on a par with top energy exporters in an apparent show of strength amid a protracted political row with Gulf neighbors.
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Exclusive: Shell in talks to buy stake in Russian oil project - sources
Royal Dutch Shell (RDSa.AS) is in talks to buy a stake in an oil and gas project from Gazprom Neft (SIBN.MM), three sources familiar with the discussions told Reuters, a rare foray into Russia’s energy sector by a Western oil major since sanctions were imposed.
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Oil eases, but Iran sanctions keep Brent above $80 a barrel
Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain.
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Exclusive: As oil forecasts call for $100, India considers cutting back crude imports
With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year, Indian refiners are considering cutting back their imports and relying more on cheaper crude already stored in inventories, according to industry executives.
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