A massive explosion was heard in the Jubail region of Saudi Arabia, with a fire breaking out at a natural gas facility.

According to Nikkei News, Japan's Miyagi Prefecture is seeking to attract SK Hynix (SKHY.US) to build an advanced memory chip factory locally, but faces competition for investment from the United States and concerns from South Korea over technology leaks.

Chevron, Indian Oil and Gas Company, Eni, General Electric Vernova, and Geopark are working with Venezuela to finalize an energy agreement. According to the country's revised oil and gas regulations, such cooperation is expected not only to boost local oil production and exports but also to drive the implementation of multiple new energy projects locally.

Cronos reverses Tectonic exploit—but $6.29M had already left the network

According to The Wall Street Journal, officials from the U.S. Federal Trade Commission stated they plan to file a lawsuit against Amazon (AMZN.US) on Monday.