The offshore oil and gas producer is targeting a record output at 600-610 million barrels of oil equivalent (boe) this year
Officials from Saudi Arabia, Kuwait, Oman and Bahrain, and secretary general of GCC will be in China until Friday
Foreign ministers of Saudi Arabia, Kuwait, Oman and Bahrain, as well as GCC secretary general are on a tour of China
Unrest in OPEC+ member Kazakhstan has pushed up oil prices as investors fear supply interruptions, but the uranium market appears less affected
The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, has resisted US pressure for a wider opening of the taps in response to high energy prices
“Given BPCL’s borrowings, it will need approval from lenders, which would take a few months," an official told the paper
The union did not disclose what the dispute was about but rejected reports that it was solely over welfare issues
King Salman says efforts by the world's top oil exporter to maintain spare capacity had proven important to safeguarding energy supply security
Service agreement was signed with Pemex Exploración y Producción, to build a plant with a capacity of 300 million standard cubic feet per day in Tierra Blanca, Veracruz state
After 2024, Petronas said it foresees a positive outlook for drilling rigs activity while continuing to enhance and upgrade capability
The study, which is in line with the Singapore Green Plan, will go on until mid-2022, before the companies decide on their next move.
Countries face pressure to take action against oil and gas giants that generate billions in revenue and allow the junta to continue its brutal repression of people throughout Myanmar