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As Western Oil Giants Cut Production, State-Owned Companies Step Up

Kuwait announced last month that it planned to invest more than $6 billion in exploration over the next five years to increase production to four million barrels a day, from […]




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As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output

MOSCOW — In Europe, the surge in the price of natural gas has halted factories, startled politicians and alarmed consumers fearful of a cold winter.For President Vladimir V. Putin of […]