BP to Spend $9 Billion on Australia Fuel Stations, Exploration

BP Plc (BP/), the operator of the biggest oil refinery in Australia, plans to spend A$10 billion ($9.3 billion) this decade expanding its filling station network and developing oil and gas projects such as the Browse venture.

China buys into giant Kazakhstan oil-field for $5 bn

ASTANA: Chinese President Xi Jinping struck a deal with Kazakhstan on Saturday giving China a stake in its giant Kashagan oil project, a highlight of his tour of Central Asia to secure hydrocarbons for the world's largest energy consumer.