International

Putin discusses oil market with Saudi crown prince who hosted Biden last week

The conversation took place six days after U.S. President Joe Biden visited the prince in Saudi Arabia - highlighting the kingdom importance to both Washington and Moscow at a time when Russia war in Ukraine is roiling global energy markets

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Mena Power Projects Forum to focus on $250bln worth of projects

The combined committed and planned investments in the Mena power sector will exceed a total of $250bln including $93bln committed and $157bln planned, according to a report by Arab Petroleum Investments Corporation

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Gazprom expects Siemens to continue servicing Nord Stream 1 turbines

Kremlin-controlled Gazprom has said it could not guarantee the safe operation of a critical part of the pipeline that runs under the Baltic sea to Germany because of doubts over the return of a turbine from Canada

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U.S. and Saudi Arabia sign 18 agreements in energy, other areas

The United States and Saudi Arabia signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by U.S. President Joe Biden, Saudi state TV al-Ekhbariya reported.

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12 areas open for oil and gas exploration in Jordan — Energy Ministry

Investment opportunities in the Kingdom include Azraq, Al Sarhan, Al Jafr, West Safawi, the Dead Sea, Northern Highlands, Petra and Wadi Rum

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Shell takes 6.25% stake in Qatar’s LNG expansion project

State-owned QatarEnergy signed a deal with Shell Plc on Tuesday for the North Field East (NFE) expansion of the world largest liquefied natural gas (LNG) project. The London-based company will get a 6.25 percent holding in the project, QatarEnergy CEO Saad al-Kaabi told a news conference.

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Kuwait has 9th largest oil reserves

These reserves amount to 53bln barrels

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Sonatrach mulls new formulas to raise gas prices for European buyers - sources

Sonatrach is considering several options, including a partial link to spot price gas prices in contracts that have historically been linked to the price of Brent crude, the sources said

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