Turkey has agreed with Russia's Gazprom on deferring payment for part of the natural gas it imported after a surge in prices last year, Energy Minister Fatih Donmez said late on Tuesday.
Major stock markets in the Gulf were mixed in early trade on Wednesday, ahead of an expected U.S. interest rate hike later in the day, while the Qatari index advanced on broad-based gains.
Iraq and TotalEnergies expect to kick-start a long-delayed $27 billion project within the next two weeks, Iraq's oil minister Hayan Abdel-Ghani said on Wednesday.
Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol in the Andean country, a Petrobras executive said at a Houston energy conference on Monday.
Daily pipeline gas exports to Europe by Kremlin-controlled Gazprom in April rose by about 7.5% from March, mostly thanks to an increase in transit via Turkey, Reuters calculations showed on Tuesday.