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Baker Hughes: U.S. oil rig count down by 6 to 432

June 27, 2025
The number of oil rigs in the United States stood at 432 in the week ending June 27, decreasing by six compared to the previous week, according to the Baker Hughes weekly rig count.

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Peru's mining exports jump 23 pct

June 27, 2025
Peru's mining exports reached 17.211 billion U.S. dollars in the first four months of 2025, up by 23 percent from the previous year, the National Society of Mining, Petroleum and Energy said.

Vietnam encourages private businesses to invest in railway sector

June 27, 2025
Vietnam's National Assembly on Friday passed the amended Law on Railways, introducing a range of incentives to encourage private enterprises to participate in the railway sector, Vietnam News Agency reported.

Baker Hughes: U.S. oil rig count down by 1 to 438

June 20, 2025
The number of oil rigs in the United States stood at 438 in the week ending June 20.

AfDB to provide $184.1 million for Africa’s largest solar energy and battery storage project

June 20, 2025
The Board of Directors of the African Development Bank Group has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant.

EIB supports Bay of Biscay electricity interconnection between Spain and France

June 20, 2025
The European Investment Bank (EIB) is pledging €1.6 billion to finance the construction of the Bay of Biscay electricity interconnection between Spain and France.

U.S., UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone

June 20, 2025
American, British, and Congolese government officials launched major foreign direct investments in the Democratic Republic of the Congo.

Active drilling rigs fell yet again this week

June 13, 2025
The total number of active drilling rigs for oil and gas in the United States fell yet again this week.

Baker Hughes: U.S. oil rig count down by 9 to 442

June 6, 2025
The number of oil rigs in the United States fell by nine, on a weekly basis, to 442 in the week ending June 6, the Baker Hughes rig count data revealed.

Indonesia to launch salt farm project to end salt imports

June 6, 2025
Indonesia will soon begin constructing its new salt farm in Rote Ndao Regency, East Nusa Tenggara province, as part of a strategy to eliminate salt imports by 2027, Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono announced.
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