Saudi Arabia plans to raise about $100 billion by selling shares of Aramco on the public market.

The Southern Gas Corridor. worth over $40 billion. is considered as one of the priority energy projects for the EU.

Kyiv and Moscow were drawn into a new gas dispute on March 1.

Parente said there are no discussions with Russian companies at present.

China is poised to become the top importer while the US leads output.

India follows China in terms of growth in the demand for oil.

The Russian company argued that the Stockholm arbitration was allegedly guided by double standards.

The discovery in Gabon is an encouraging development for Petronas.

Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.

China has been the world'.s largest growth market for energy for the past 15 years.