PTT Exploration and Production has closed on its acquisition of Mozambique-focused Cove Energy.

Zhejiang Haiyue has closed a Rmb3.15 billion ($500 million) loan with China Development Bank to fund construction of a new petrochemical plant in Ningbo

Heritage oil has launched a $370 million rights issue to help fund its $850 million investment in the OML 30 onshore oil production block