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Foreign Energy Companies Continuing Normal Operations in Iraq, Official Says

Foreign energy firms continue operating normally in Iraq, a senior Iraqi official told Reuters on Thursday, after U.S. President Trump said U.S. personnel were being moved out of the Middle East because “it could be a dangerous place”.The Iraqi oil ministry did not receive any notification from operators regarding staff reductions, added the official, who …

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JP Morgan Maintains 2025 Forecast for Oil Prices in Low-to-Mid $60s

JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the low-to-mid $60s through 2025 and $60 in 2026, but said certain worst-case scenarios could send prices surging to double those levels. U.S. President Donald Trump said on Wednesday the United States was moving personnel out …

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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

HOUSTON–(BUSINESS WIRE)–Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Halliburton (NYSE: HAL) jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of …

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