Saturday 2 November 2024
 
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oil resources

Climate qualms mean oil will never be used up: BP

Concerns about the climate change impact of burning the world's remaining oil resources mean the reserves will never be fully exploited, BP chief economist Spencer Dale said. That assumption means the relative price of oil wil

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Wen presses Saudi for oil sector access

Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, reports said against a backdrop of growing tension over Iran and worries over its crude exports to the Asian power. Saud

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