oil wells

Egypt is planning to drill 110 exploratory wells with a $1.2 billion investment in the fiscal year 2024/2025 to enhance the country’s oil and gas production capabilities, according to a top official. In a meeting with a parliamentary…
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Oil prices rose about 4 percent on Friday as US gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the EU bans Russian oil. Brent futures rose $4.10,…
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