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China s offshore energy grows in significance

China's investment in offshore oil and gas exploration is expected to continue rising, with more than half of this year's domestic oil increment likely to have come from offshore, according to a recent report released by China National Offshore Oil Corp.

Europe s $1 trillion energy bill only marks start of the crisis

After this winter, the region will have to refill gas reserves with little to no deliveries from Russia, intensifying competition for tankers of the fuel. Even with more facilities to import liquefied natural gas coming online, the market is expected to remain tight until 2026.

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