As part of today’s Eastern Economic Forum, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the Japan Bank for International Cooperation (JBIC) signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects.

The Solar Energy Corporation of India (SECI) has awarded 1,200 MW of wind projects as part of the Tranche XI auction for 1,200 MW of interstate transmission system (ISTS)-connected wind power projects in India

In 2018, PGNiG agreed to import 3.5 Mt/year of LNG from Venture Global’s Calcasieu Pass LNG project.

U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week to 425.4 million barrels.

The Worldwide Rig Count for August was 1,434, up 54 from the 1,380 counted in July 2021,

U.S. Rig Count is down 11 from last week to 497 , Canada Rig Count is up 5 from last week to 152.

Gazprom will supply 4.5 bcm/year of natural gas to Hungary, with 3.5 bcm/year via Serbia and 1 bcm/year via Austria.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, collectively known as OPEC+, will meet on Sept. 1 to discuss the previously agreed increase of 400,000 barrels per day (bpd) for the next several months.

“Sinopec will expand forcefully into making hydrogen from renewable energy, and zero in on hydrogen for transportation fuel and using green hydrogen for refining,” acting Chairman Ma Yongsheng said.

South Africa is the only African nation with an operational nuclear power plant. The 1,860 MW Koeberg nuclear power plant, near Cape Town, has two 930 MW reactors that were commissioned in 1984 and 1985, respectively, and that are currently licensed until 2024.