- Chinese Premier Li Keqiang said that China is still on track to achieve its annual economic growth target of about 5%. The government plans to introduce more measures to boost domestic demand, and the central bank has already cut interest rates to help support growth.
- Malaysia's state energy company, Petronas, projects that its domestic oil and gas production will peak at around 2 million barrels of oil equivalent per day (boepd) by 2024. About 60-70% of this production will be natural gas. The company plans to increase its gas portfolio and continue to explore for oil to fill its refineries.
- The World Bank has approved $1 billion in financing to help Turkey restore essential public services and resilient rural housing in areas that were hit by earthquakes in February. The funding will be used to rebuild health services, municipal infrastructure, and rural homes in 11 southern provinces.
- Saudi Aramco and TotalEnergies have awarded engineering, procurement, and construction (EPC) contracts for the $11 billion Amiral complex, a future world-scale petrochemicals facility expansion at the SATORP refinery in Saudi Arabia. The signing ceremony took place in Dhahran, Saudi Arabia.
