Brazil and the USA have signed agreements on extending the operation and generating capacity of Angra unit 1 and on cooperation in new nuclear technologies.

The question is whether the terms are attractive enough when nations are competing increasingly aggressively for investment from international oil companies (IOCs) and the potential demand destruction from the energy transition looms over the coming decades. The attractiveness of South Africa’s terms will have ramifications far beyond its borders.

BP profit was $19 million for the fourth quarter and $4.0 billion for the full year.

In the fourth quarter of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,388 thousand boe per day

RusHydro Group announces 4Q and FY2019 operating results

Brent crude was at $56.44 a barrel, down 18 cents, or 0.3%, WTI crude rose 10 cents to $51.66 a barrel,

Brent were 68 cents higher at $58.97 a barrel, WTI were up by 70 cents to $52.84 a barrel

Saudi Arabia over-complied with its quota of 10.31 million b/d last year under the old agreement with the 23-member OPEC/non-OPEC coalition, collectively known as OPEC+, as the country made up for laggards Iraq and Nigeria, which flouted their quotas for most of last year.

Минэнерго России ведет планомерную работу с профильными ведомствами стран ЕАЭС по линии энергетики, добавил Александр Новак по итогам заседания.

«Мы имеем прочные экономические связи и многолетние договоренности в части поставок и транзита угля, газа, нефти и нефтепродуктов, а также передачи электроэнергии. Электроэнергетические системы наших стран работают в синхронном режиме, что существенно повышает их надежность и экономические показатели ”, - сказал глава Минэнерго России.