Bloomberg Saudi Arabia’s state oil company discovered five new natural gas fields across the kingdom that can produce over 100 million cubic feet per day in total, as the oil-rich kingdom looks to boost production of the fuel. The fields, discovered by Saudi Aramco, are located in the country’s central region, the empty quarter desert, the northern border region …

Bloomberg Europe’s biggest industrial firms have been banking on spring to bring down soaring energy costs. Those hopes faded this week as Russian tanks rolled into Ukraine. Smelters and chemical factories across Europe were already struggling before the invasion sparked another jump in gas and electricity prices. Now, a growing list of companies including Europe’s biggest chemicals maker BASF SE …

  Bloomberg Boeing Co and Airbus SE are in talks with the new owners of Air India Ltd about an order for a raft of new planes, according to people familiar with the matter, part of a plan to rejuvenate the ailing carrier and its aging fleet. Tata Sons Pvt, which acquired the debt-laden airline from the Indian government last …