Oil ended a volatile year modestly higher as investors look ahead to a potential rebound in Chinese demand next year.
(Bloomberg) -- President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning it into a renewable energy powerhouse.
Banks are set to trim billions of pounds in financing for oil and gas producers in the UK’s North Sea after a windfall tax was imposed on the industry to help pay for the country’s energy crisis, a trade group says.
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