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Ukraine Says Russian Oil Refineries Are Legitimate Targets

(Reuters) – A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked Kyiv to stop conducting drone strikes on refineries. Ukraine dramatically stepped up its attacks on Russian energy facilities this month, launching numerous long-range drones to …

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Mexico’s Pemex Put Off Repairs Despite Vast Methane Leak

(Reuters) – Mexican state energy company Pemex put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure. Methane, the main component of natural gas, is a much more potent driver of global warming in …

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CERAWeek: AI Emerges as Next Shiny Thing in the Energy World 

Executives gathered at CERAWeek say the technology has potential to become a huge source of demand, as well as reshape production. The energy industry, which has prided itself on innovation since the days of kerosene lamps, has a flashy new technology to be bullish about: artificial intelligence. During on-stage discussions and one-on-one interviews, energy executives from …

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Canada’s Trans Mountain Expansion Startup Date Hangs on Final 2.5-Km Leg

Last segment goes through hard rock in rugged B.C. terrain Bloomberg News The startup date for Canada’s mega oil pipeline should be known within weeks as Trans Mountain Corp. drills through hard rock in British Columbia’s rugged Fraser Valley for the final stretch of the 1,150-kilometre conduit. “The next few weeks will be very important in terms …

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U.S. Pipeline Firms Poised to Follow Biggest Customers into M&A

U.S. energy pipeline and storage operators have spent two years watching the consolidation of oil and gas producers, and now they are gearing up for the merger wave to hit their sector, executives, investors, and analysts said. The midstream sector has a lot of specialized midsize firms and only a handful of very large operators …

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The Struggling Battery Factory Behind GM’s Electric Vehicle Broblems

GM’s EV transition has been fraught with delays, including automation issues and software glitches Bloomberg News General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises chief executive Mary Barra made five years ago. It still has a long way to go. Fresh off exiting major markets like Europe …

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U.S. Senator Joe Manchin Vows Infrastructure Permitting Reform Will Pass

(Reuters) – U.S. Senator Joe Manchin on Monday told energy executives that legislation reforming infrastructure permitting “will get done.” The legislation is his senate energy committee’s top issue, he said to a packed audience at the CERAWeek energy conference. “We are doing everything we can” to get permitting reform passed, said Manchin, who also spoke …

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Ukraine’s Drone Strikes on Russian Oil Refineries Mark New Phase in War

Attacks on refineries have both symbolic and strategic goals Kyiv plans to send ever-increasing swarm of drones into Russia Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200 mile) swathe of largely Soviet-era oil facilities. At least nine major refineries have been successfully attacked this …

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Nuclear Fusion Backers Meet in U.S. Capital as Competition with China Looms

(Reuters) – Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C. this week seeking ways to attract more money for research to avoid falling far behind China in the race to develop and build commercially viable reactors. A funding bill signed by President Joe Biden this month contained $790 million for …

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Williams Companies Ruled Out Bid for Tellurian, Executive Says

HOUSTON, March 19 (Reuters) – Pipeline operator Williams Companies  looked at acquiring struggling liquefied natural gas (LNG) developer Tellurian, but considered its export project not that attractive, the company’s strategy chief said on Tuesday. Tellurian said this week it would consider offers for its proposed Driftwood LNG gas export terminal after unsuccessfully pursuing long-term sales and purchase agreements …

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