Following Russia’s invasion of Ukraine, Moscow asked clients from ‘unfriendly countries’ to pay for gas in roubles.
West Texas Intermediate futures traded near $113 a barrel.
Deal will see Doha and Berlin focus on developing trade relations in liquefied natural gas, among other energy sources.
Lawmakers called for sanctions on Gerhard Schroeder and other Europeans who refuse to give up lucrative Russia ties.
Iran’s oil exports to China have fallen since Russia’s invasion of Ukraine as Beijing favours discounted Russian oil.
Gas reserves must be filled to 80 percent by November 1, rising to 90 percent from 2023 onwards until 2025.
Gautam Adani and Mukesh Ambani have seen their fortunes jump on the back of surging global commodity prices.
Brussels plans to spend $314bn by 2030 to end its dependency on Russian oil and gas imports.
The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, PDVSA.
Italy’s Eni SpA said on Tuesday it was opening a rouble account to keep the Russian gas flowing.
By seeking to phase out Russian energy supplies, Europe will only hurt itself, Russian President Vladimir Putin warned.
European companies are starting to move ahead to comply with Russian demands and keep the gas flowing.
Oil prices have rallied to a 14-year high of $139 a barrel after Russia’s invasion of Ukraine.
US West Texas Intermediate (WTI) crude rose $4.36, or 4.1 percent, to settle at $110.49.
