A U.S. offshore regulator on Wednesday said efforts to resume a federal oil and gas leasing program are underway and would soon bear results following a court decision ending a suspension.
The German cabinet on Wednesday approved a 30 billion euros ($35.16 billion) recovery fund for areas in western and southern Germany hit by heavy rainfall and flooding last month that took many towns by surprise despite extreme weather warnings.
Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now in its draft stage, the South American nation's vice president said on Tuesday.
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