Japan's Inpex said on Thursday it has bought a 50% stake in the Australian renewable business of Italy's Enel, as the Japanese oil and gas producer expands into green energy.
Indonesia's coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil, and vowed to toughen maritime patrols.
Kuwait's draft budget for 2023-2024 estimates a deficit of 6.8 billion dinars ($22.2 billion) on the back of lower oil prices and volumes, a local paper reported citing a member of parliament.
Kuwait's draft budget for 2023-2024 estimates a deficit of 6.8 billion dinars ($22.2 billion), hit by lower oil prices and volumes, a local paper reported, citing a member of parliament.