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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