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Both companies said the extended cooperation reinforces stability in the German energy market at a time of geopolitical uncertainty and energy transition.

However, shipments to Jordan between January and June totaled 1.87 million barrels, down 14.84% year-on-year.

US Attorney General Pam Bondi said this week the tanker was intercepted and retained under a seizure warrant.

Bashir was attending the Organisation of Arab Petroleum Exporting Countries’ (OAPEC) ministerial meeting, being held in Kuwait.

A possible peace deal could eventually increase Russian oil supply, which is currently sanctioned by Western countries.

The United States plans to intercept more vessels carrying Venezuelan oil after seizing a tanker this week, as it steps up pressure on Venezuelan President Nicolas Maduro.

The industrial sector will be the largest contributor to natural gas demand growth in next five years.

This contrasts with the view of the IEA, which earlier on Thursday implied global oil supply will exceed demand by almost 3.84 million bpd - an amount equal to almost 4% of world demand - next year.

He noted that expanding domestic gas output remains a central priority for the company.

As a result, the expansion was delivered two months ahead of schedule, marking the fifth early startup for bp in 2025.

The Kazakh energy ministry said the Ukrainian attack had not led to a complete export halt.