Shale Country Is Out of Workers and Dangling 100% Pay Hikes

Jerry Morales, the mayor of Midland, Texas, and a neighbourhood restaurateur, is being whipsawed by the latest Permian Basin shale-oil boom. It’s fueling the region and depriving it at the same meter. Sales-tax revenue is thumping a record high, allowing…

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Macron Says He Thinks Trump Will Pull Out of Iran Nuclear Deal

U.S. president may quit conformity’ for domestic reasons’: Macron Trump has adjusted May 12 deadline for strengthening nuclear conformity Read a QuickTake on where Trump’s scorn for the Iran deal could conduct That deadline entails there’s still term for Trump…

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Electric Buses Are Hurting the Oil Industry

About 279,000 barrels a day of oil won’t be needed this year China supplements a London-sized electrical bus fleet every 5 weeks Source: Bloomberg New Energy Finance For every 1,000 battery-powered buses on the road leading, about 500 barrels a…

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Everything Is for Sale in Cyprus, and Chinas Buying

increasingly forceful world-wide powerhouse of 1.4 billion people, the other an island commonwealth of 1.2 million that boasts a strategic location and a honour for a no-questions-asked approaching to financial affairs. That constitutes for a fascinating competitor as China seeks…

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China to Force Green Society in Hainan by Phasing Out Gasoline Cars

The resort island of Hainan may become a key proving ground for China’s push to lead the world in electric-vehicle adoption. China aims to phase out sales of fossil-fuel vehicles in the province, and to accelerate the use of new-energy…

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The Builder of One of the World’s Largest Airports Revives IPO

Limak Investments may sell shares afterward this year or in 2019 Chairwoman Ozdemir is setting up Middle East base in Kuwait compares with Dubai’s Al Maktoum International, which will be able to handle more than 220 million travelers when it…

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Oil World Turns Upside Down as U.S. Sells Oil in Middle East

The United Arab Emirates, a model Persian Gulf petro-state where interminable billions from crude exports feed a beings sovereign resource store, isn’t the most obvious client for Texan oil. Yet, in a swap that illustrates how the rise of the…

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The Dark Side of Americas Rise to Oil Superpower

The last day U.S. drillers spouted 10 million barrels of crude a day, Richard Nixon was in the White House. The first petroleum crisis hadn’t yet scared Americans into buying Toyotas, and Featured in, Jan. 29, 2018. Illustration: 731 For…

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Saudi Prince Released After $1 Billion Deal, Official Says

Prince Miteb bin Abdullah, one of the most senior Saudi royals detained in the kingdom’s corruption repression, has been released after reaching a agree cope is said to be exceed the equivalent of$ 1 billion, public officials involved in the…

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Keystone XL Approval May Open Door for Foes to Fight Route

Nebraska’s approval of an alternative street could shed more uncertainty into the concoction for the long-delayed Keystone XL oil pipeline. The Public Service Commission approved Photographer: Pete Marovich/ Bloomberg Producers in the Alberta oil sands field and elsewhere in Western…

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