Sinopec has operated in the district since 2013. Chinese companies operate in oil fields across Iraq, and China is main market for Iraqi oil

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.