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02 May
10:46

Global Oil and Gas demand to support steel

More than 1 million kilometres (621,371 miles) of new oil and gas wells will be drilled globally over the next five years, according to analytics and consulting firm Rystad Energy. The collective depth of these wells is the equivalent of 25 times around the equator - or 2.5 times the distance to the moon, Kallanish understands. “As the global oil and gas industry gets back into high gear - thanks in no small part to higher commodity prices - d…
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