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LONDON (Reuters) - Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel.
LONDON: The global energy crisis is bleeding into the oil market.
DUBAI: Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI, yesterday set the price range for its initial public offering (IPO), implying an equity valuation for the company of US$5.5bil (RM22.89bil) to US$6bil (RM24.97bil).
HURDAL, Norway (Reuters) - Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature areas of the sea, the incoming centre-left government said on Wednesday.
SKOPJE (Reuters) -Germany became the first European team to qualify for the 2022 World Cup by crushing North Macedonia 4-0 away on Monday to secure top spot in Group J with two games to spare.
HAMBURG, Germany (Reuters) -Substitute Thomas Mueller scored an 81st minute winner to complete Germany's 2-1 comeback win over visitors Romania in their 2022 World Cup qualifier on Friday that kept them on course for a spot in next year's tournament.
NEW YORK: Oil prices dropped nearly 2% on Wednesday, pulling back from multi-year highs, as an unexpected rise in U.S. crude inventories prompted buyers to take a breather after recent torrid gains.
KUALA LUMPUR: Some stocks that could see investor interest on the back of corporate news flow last week include CTOS Digital, KPJ Healthcare, Landmarks, Serba Dinamik, T7 GLobal, Hong Seng, Lysaght Galvanised Steel and Velesto Energy, said JF Apex Research.
KUALA LUMPUR: Velesto Energy Bhd (VEB) has secured a US$12.4mil contract from Petronas Carigali Sdn Bhd for the provision of jack-up drilling rig services.