Putin receives UAE president in Moscow to discuss energy markets, international issues

Before Sheikh Mohamed bin Zayed al-Nahyan arrived in Moscow, he visited Serbia to discuss mutual cooperation between the two countries

Turkiye signs 10 year gas deal with Oman: Turkish energy minister

Turkiye is looking to buy an annual 1.4 billion cubic meters of gas from Oman

TotalEnergies, Eni transfer 30 percent stake of Lebanese economic waters to QatarEnergy

Qatar now has a 30 percent stake in Lebanon's economic zone, with TotalEnergies and Eni having a 35 percent stake each

Iraqi police raid exchange companies to regulate market rates

The Iraqi dinar has been on a downward slope since the US Treasury started tightening sanctions against Iran

Energy ministers from Qatar and UAE predict long-term need for LNG

The Gulf officials warned that, despite a growing energy crisis exacerbated by western sanctions on Russian fuel, no new LNG supplies are expected to enter the market until 2025

UAE, UK sign energy and climate change memorandum

The MoU also includes cooperation in nuclear energy, low-carbon hydrogen, and bolstering collaboration in renewable energy

US blocks Egypt-Jordan energy plan for Lebanon until reforms implemented

White House official Amos Hochstein says the US will prevent international aid for a joint Arab energy project unless Beirut implements the demanded reforms

China hails Saudi Arabia’s role in oil markets, Riyadh supports ‘one-china’ policy

Xi is on a three day visit to Riyadh to attend a summit with Saudi delegates, Arab states, and nations of the GCC coalition

Lockheed Martin, Israel’s Rafael to develop high-energy laser weapons system

Israel plans to integrate IRON BEAM into its air-defense array to protect its infrastructure and strategic sites from 'emerging threats'

US and UAE sign $100Bln long-term investment deal for clean energy

The UAE says it will soon revise its energy strategy to align it with the goal of achieving climate neutrality by 2050

Qatar blasts ‘anti-market’ agreements and sabotage by western nations

Oil producing nations oppose an upcoming price cap on Russian fuel, fearing such punitive measures by the west could easily be used against them as well

The EU’s energy security now rests in Turkey’s hands

Europe has sought to bypass Russian gas with disastrous results. Turkey, which has been positioning itself as an energy hub for the past two decades, is set to reap the benefits

Saudi Arabia and China to boost energy cooperation

The decision to bolster energy cooperation between Riyadh and Beijing has been seen by experts as a slight to Washington

West cannot solve global energy crisis by bullying and sanctioning nations: Turkey

Ankara called on western nations to stop antagonizing Iran, Venezuela, and Saudi Arabia at a time when a large part of the world has been blocked from purchasing Russian oil and gas

Global finance vs global energy: who will come out on top?

There is more to the current struggle between the oil-consuming west and the oil-producing nations than meets the eye and it runs far deeper than the war in Ukraine

Aramco CEO slams European energy crisis plan as short-term solution

The CEO highlighted that climate change goals did not need to change but that the world needed a more viable energy plan

Riyadh and Moscow discuss energy cooperation ahead of upcoming OPEC meeting

The meeting, which comes amid a fuel crisis battering western nations, will set quotas for oil production in hopes of balancing global prices

Putin and MbS discuss energy cooperation days after Biden visit to Saudi Arabia

The US president returned home empty-handed after the Saudi crown prince confirmed he would not increase oil production levels or break with its OPEC+ commitments

Saudi energy minister hails Russia ties during surprise visit to St Petersburg

After a meeting with the Russian deputy PM, Prince Abdulaziz bin Salman said Russia-Saudi relations were 'as good as the weather in Riyadh'

US officials discuss energy, possible normalization with Israel on secret KSA trip

US advisors and Saudi officials reportedly discussed the signing of a potential land deal involving Egypt, Israel, and Saudi Arabia

Iranian oil minister in Venezuela to sign energy deal

Over recent months Venezuela has been able to markedly increase its oil production levels thanks to assistance from the Islamic Republic

Saudi, Emirati energy ministers say OPEC+ ‘leaves politics at the door’

Western leaders have so far failed to persuade their Gulf allies to increase oil production in order to lower crude prices

UAE keen on deepening energy cooperation with Russia: Emirati FM

The declaration comes just one day after the UK prime minister failed to secure a pledge from the UAE and Saudi Arabia to ramp up oil production

Russia seeking closer energy ties with Qatar, says Lavrov

The meeting comes as the EU continues to look for alternative energy sources following the start of Russia's military operation in Ukraine

Lebanon lifts fuel subsidies as energy crisis deepens

Move comes as nation suffers from rolling blackouts and severe fuel shortages

Kuwaiti government resigns over disagreement with parliament

This resignation marks the fifth time Kuwait City's government resigned from office in the past two years

Predictions for 2023? Annus horribilis with some surprising upsides

The Cradle's writers offer up their predictions for 2023. The common theme is massive global shifts, some good, some bad.

Russia overtakes Iraq as India’s leading oil supplier

Since the start of the war in Ukraine, India has become the primary outlet for seaborne oil cargoes

Can Hungary act as a bridge between Iran and Europe?

As Budapest actively implements its own “Look to the East” policy, Tehran will find a potentially useful partner in Europe.

As oil comes under pressure from recession fears, OPEC+ keeps reduction policy

OPEC anticipates a 2.24 million bpd increase in oil demand for the next year, which is 100,000 bpd less than anticipated