Energy

The deal between ADNOC and Covestro is the biggest buy out of a European firm by a company from the Gulf.

Two sources said Saudi Arabia had financed three of the 32 liquefied natural gas cargoes Cairo has bought so far this year.

Qatar also announced plans to expand its natural gas production as such, double its output of fertiliser.

Iraqi Prime Minister Mohamed Shia al-Sudani wants to diversify Iraq's energy imports and help alleviate chronic electricity outages.

Egypt's prime minister said that the country's power cuts will end as of Sunday with the arrival of a natural gas shipment.

Egypt's prime minister says the country needs to import over $1 billion worth of fuel oil and natural gas to fix the electricity crisis and end power cuts.

Saudi Arabia's construction projects are getting a quiet downgrade, as the kingdom's rethinks its diversification projects, reports said.

China is the world's only major importer of Iranian oil despite sanctions that former US President Donald Trump reimposed on Tehran's petroleum exports in 2018.

A Colombian government decree said coal is used by Israel as an energy source to make weapons and other military goods.

Disputed authorities in eastern Libya plan to allow the Russian company Taftnet to build an oil refinery, amid concerns over expanding Russian influence.