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Tethys initiates strategic review of oil, gas portfolio

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Tethys initiates strategic review of oil, gas portfolio

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Natural Gas News
Tethys initiates strategic review of oil, gas portfolio

Summary

The company's core area of focus is Oman, where it holds interests in Blocks 3&4, Block 49, Block 56, and Block 58. by: Shardul Sharma

Sweden-based Tethys Oil on February 5 announced that its board of directors ha...

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Natural Gas & LNG News, Europe, Middle East, Corporate, News By Country, Oman, Sweden

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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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