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Saudi Arabia's construction projects are getting a quiet downgrade, as the kingdom's rethinks its diversification projects, reports said.

China is the world's only major importer of Iranian oil despite sanctions that former US President Donald Trump reimposed on Tehran's petroleum exports in 2018.

A Colombian government decree said coal is used by Israel as an energy source to make weapons and other military goods.

Disputed authorities in eastern Libya plan to allow the Russian company Taftnet to build an oil refinery, amid concerns over expanding Russian influence.

Saudi Aramco is planning on selling shares worth more than $10 billion dollars, with sales potentially transferred to the PIF to finance domestic projects.

Algeria's state oil company Sonatrach has signed a memorandum with ExxonMobil to develop two gas fields in the North African country.

Iran and Pakistan are looking at ways to complete a long-delayed gas pipeline project between the two countries, Iran's consul general to Pakistan said Monday.

Dana Gas said that while there was 'very minor damage to the facilities', it has 'temporarily suspended production and instituted specific procedural changes'.

Hussein Julood launched UK legal proceedings against BP, just over a year after his son Ali died aged 21, in what is believed to be the first case of its kind.

Iran's attack on Israel has injected fresh anxiety into oil markets already roiled by regional tensions from the war in Gaza.