Manila has asked Beijing not to undertake actions that would raise tensions in the South China Sea following reports that China has been inviting bids for oil exploration in disputed areas of the region, a spokesman for Philippine President Benigno Aquino III said Aug. 2, ABS-CBN News reported.

YPF CEO Miguel Galuccio met with a delegation led by Venezuelan Energy and Petroleum Minister and Petroleos de Venezuela President Rafael Ramirez, MercoPress reported Aug. 2.