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Hydrocarbon News

First oil well drilled in northern Afghanistan

The pumping of crude oil from northern Afghanistan will soon be a reality now that construction of the first well is underway. The value of oil fields in northern Afghanistan were recently pegged as being worth billions of dollars.

Revolutionary discovery means world may not run out of crude

A team of scientists based at the Royal Institute of Technology in Sweden have made a "revolutionary" discovery about how hydrocarbon is formed, learning that animal and plant fossils are not necessary to form crude oil.

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