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...that are expanding their oil and gas production....
...ExxonMobil profits fell a more-than-expected 28 per cent on weaker gas prices and refining margins as the oil major highlighted “troubling” events in the Middle East and Russia....
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...The country had rapidly developed cleaner energy sources, accounting for about 60 per cent of the new solar and wind energy and electric vehicles developed globally during 2023, the IEA said....
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...It is such a force in the electric car market that, last year, for the first time, it became home to more than half the electric vehicles on the world’s roads....
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...Port and car industry executives have pointed to a backlog of Chinese electric cars as one of the leading causes of the problem, with some companies booking shipping delivery slots without ordering onward...
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