Under the terms of the deal, Mitsubishi will own 80% of Eneco and partner Chubu 20%.

U.S. Rig Count is down 3 rigs from last week to 803, Canada Rig Count is up 3 rigs from last week to 137,

Brent dropped 34 cents, or 0.53%, to $63.63 a barrel, WTI fell 31 cents, also down 0.53%, to $58.27 per barrel.

"Катар - один из стратегически важных партнеров России на Ближнем Востоке. Между нами сложились доверительные отношения, мы выступаем за развитие сотрудничества в самых разных областях. Это, несомненно, придает дополнительный импульс для более тесного и всестороннего взаимодействия между странами”, - подчеркнул глава Минэнерго России.

"Мы высоко ценим тот высокий уровень взаимоотношений, который сложился между Россией и Ираном. Мы последовательно реализуем курс лидеров наших стран по наращиванию взаимодействия, нацеленного на укрепление двустороннего сотрудничества", - подчеркнул глава Минэнерго России.

Last week, President Vladimir Putin said Russia wanted to resume direct gas sales to Ukraine -- and would be prepared to reduce the price Kyiv paid by 20%-25%.

The potential delay in Nord Stream 2 construction also undermines Russia's position in negotiating a new transit deal with Ukraine's Naftogaz. Ukraine transited some 87 Bcm of Russian gas to Europe in 2018 -- or some 44% of total Russian exports -- but those volumes are set to slump once the planned Nord Stream 2 and TurkStream gas pipelines come online.

Oil demand in India is projected to rise by 3.21 percent this year to 4.88 million barrels per day (mb/d), and further by 3.36 percent to 5.05 mb/d by next year, exceeding the 2.37 percent oil demand growth by China, according to the latest Oil Market Report by OPEC.

the emirate of Abu Dhabi achieved progress in terms of its electricity production from solar energy, increasing from 17,986 megawatt-hours in 2011 to 249,695 megawatt-hours in 2018.

The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.