Qatar Petroleum Company has signed a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company (PSO) to supply up to 3 million tons (mmt) of LNG to Pakistan.

The Jordanian Ministry of Energy and Mineral Resources stated that it is going into discussions with the Iraqi authorities about renewing the Memorandum of Standing (MoU) signed between Jordan and Iraq to supply oil.

BHP company has awarded Shell company its first liquified natural gas (LNG) supply contract for five-year terms to fuel BHP’s carriers which will transport iron ore between Western Australia and China from 2022.

Sapura Energy Berhad, a leading global integrated oil and gas services and solutions provider has been awarded a major service contract by Total E&P Golfe pertaining to the AL-Khalij Field in Qatar.

The Saudi Basic Industries Corporation (SABIC) announced that the supply level of its feedstock returned to normal again.

Saudi Arabia was forced to cut oil production by more than 200,000 barrels per day (b/d) last month after OPEC’s forecasted demand figures were lower than expected, raising concerns about oversupply.

Kuwait’s crude oil exports to China in the first five months of 2017 grew 5.6% from the same period of 2016.

A trading unit of Russia's largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017.

The Nigeria Liquefied Natural Gas (NLNG) Ltd. said it is rectifying the pipelines which exploded in February in Rivers, to ensure resumption of industrial gas supply within mid-March.

According to the International Energy Agency (IEA) latest report, investment in new projects fell during the slump in oil prices that began in mid-2014, which may compromise production levels by 2020.