Saudi Arabia says in a statement that along with Kuwait it has the right to develop Durra/Arash gas field.

In a terse warning to countries that have rebuffed Washington’s calls to condemn Russia’s military operation in Ukraine, a senior US government on Wednesday said they will face the consequences.

Iran’s largest crude producer says its output has increased by 600,000 bpd compared to early August.

Iran plans to nearly double its natural gas storage capacity to around 6 bcm per year.

Germany has sounded the alarm that Russia could cut off its gas supply to European Union states, refusing to make payments in the Russian currency, the ruble.

An analyst says the coronavirus lockdowns may have simply made French people more resigned to their political fate.

Russia’s Permanent Representative to the United Nations Vassily Nebenzia has said the West’s unilateral anti-Russian sanctions are leading the world to a food crisis of a historic scale.

High energy costs are stoking unrest in parts of Europe.

Already quizzed about the murder of journalists Jamal Khashoggi ordered by MBS, British Prime Minister is about to travel to Saudi Arabia to reportedly lobby the crown prince on oil output as Western energy sanctions on Russia begin to bite.

Iran’s state gas company cancels restrictions imposed on gas usage by manufacturers.