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France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.

Qatar Energy reports 58% jump in annual profit for 2022 to $42 47 billion

Qatar Energy on Tuesday reported a 154.6 billion riyal ($42.47 billion) net profit for 2022, a 58% rise in a year when demand for liquefied natural gas surged following Russia's invasion of Ukraine.

ADNOC says high-speed hydrogen refuelling station to open this year

State oil giant Abu Dhabi National Oil Company said on Tuesday the region's first high-speed hydrogen refuelling station, which will make "clean hydrogen" from water and which Toyota will help test, will be completed this year.

Oil slips after Libya resumes output, China data eyed

Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out.

Exclusive: Petrobras to hold investments roughly stable in new five-year business plan, CEO says

Brazil's state-run oil company, Petrobras , will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.

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