Saudi Arabia's state oil company Saudi Aramco is to invest $7 billion in an oil refinery and petrochemical project in southern Malaysia.
British oil and gas company BP has said it needs crude oil to be selling for $60 a barrel by the end of the year for it to break even.
A crane on a construction site overlooking the White House in Washington D.C. has been taken over by Greenpeace to display a banner with the message "Resist".
Not one to shy away from a challenge, US President Donald Trump has signed executive orders to accelerate two controversial pipeline projects.
Oil prices hit their highest in 18 months on hopes the deal between OPEC and non-OPEC members to cut production will reduce a glut of crude.
The outgoing president has used an old law to try to protect the regions permanently from exploration, before Donald Trump takes office.
Business Line considers the details of the agreements reached by oil producers from OPEC and other countries to cut output. Will it boost oil prices?