Venezuela's ruling party-controlled National Assembly on Thursday approved a law allowing the government to seize assets linked to corruption cases, as it investigates irregularities at state oil company PDVSA and other state companies.
Major stock markets in the Gulf were mixed in early trade on Wednesday amid rising recession fears in the United States, with the Saudi index on course to end five-day winning streak.
Wintershall Dea (WINT.UL) Chief Executive Mario Mehren on Wednesday said Moscow's decree to establish control over energy firms Uniper and Fortum was not affecting his company so far, but Russia's policies were "unpredictable" and "unreliable."
Mozambique President Filipe Nyusi on Wednesday said it was safe for TotalEnergies to restart the Cabo Delgado liquefied natural gas (LNG) project that was halted in 2021 after insurgent attacks on civilians.
Investor advisory group ISS has recommended Enel shareholders back the Italian government's candidate for chair at the state-controlled utility and signalled its support for the man Rome wants as chief executive.