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Chevron to ‘Triple-Frac’ Half of Permian Oil Wells in 2025 to Cut Costs, Time

*Chevron’s triple-frac cuts well completion time by 25% *Technique reduces costs per well by 12% *Triple-frac requires 60% more water and sand per day By Sheila Dang2 HOUSTON, April 9 – U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a …

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Wall Street’s Tariffs Rout Resumes After Rebound Fails

The S&P 500 closed below 5,000 points for the first time in almost a year, reversing a strong morning rally as hopes faded for any imminent U.S. delays or concessions on tariffs ahead of a midnight deadline. The benchmark index fell 1.6% on Tuesday marking a $5.8 trillion loss in market value since President Donald …

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Oil Settles Down $1 at Four-Year Low as US-China Trade War Escalates

By Georgina Mccartney Oil prices settle down more than $1 a barrel Downside risks remain as US, China escalate tariff conflict Goldman Sachs says Brent, WTI could hit $62 and $58, respectively, by December 2025 Trump says US and Iran will hold nuclear talks in Oman HOUSTON, April 8 (Reuters) – Oil prices settled down …

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Trump Signs Executive Orders to Boost US Coal as Power Demand Rises

By Jarrett Renshaw, Timothy Gardner and Trevor Hunnicutt US power demand rising from artificial intelligence Coal’s share of power generation less than 20% from 50% in 2000 Orders to direct coal leasing plans on US lands WASHINGTON, April 8 (Reuters) – U.S. President Donald Trump signed executive orders on Tuesday that aim to boost coal …

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