The Saudi oil company is seeking to attract global institutional investment through bonds listed on the London Stock Exchange.
Production in the Permian Basin fell to 1.5 million bpd, as refineries and power grids face operational stresses from extreme weather.
During the process of setting up the subsidiary, the local authorities provided comprehensive administrative support.
The expected decline in spot prices in Asia, coupled with pressure on European benchmarks such as the TTF, could spur greater demand.
The company seeks continued participation in LNG assets that combine technological innovation, scalability and long-term projection.
Stable OPEC+ production and weak demand set a bearish outlook.
Extension until 2050 of concessions in Waha drives new phase of oil investment led by TotalEnergies in North Africa.
The Awodi-07 well confirms oil accumulations in multiple zones and strengthens Nigeria's national energy strategy.
Partial supply recovery in Kazakhstan offsets U.S. production losses
The agreement with BPCL is part of a broader trend of South-South cooperation in energy matters.
The Tinubu government has stressed its commitment to political stability and speedy implementation of reforms.
Brunei will consolidate its role as a reliable energy supplier in Asia with new shipments of liquefied natural gas.
