Kazakhstan’s state-owned uranium extraction and nuclear company Kazatomprom has extended its 20% production cut until the end of 2023,

In addition, the Indian power utility NTPC has committed to halve its coal-fired power capacity and to set up 60 GW of renewable projects by 2032. NTPC’s current installed capacity stands at 66 GW, of which 54 GW is coal-fired.

Brent climbed 18 cents or 0.2% to stand at $77.34 a barrel, WTI were at $76.57 a barrel, up $1.41 or 1.9% from Friday’s close.

“The 18th OPEC and non-OPEC Ministerial Meeting has been called off,” OPEC Secretary General, HE Mohammad Sanusi Barkindo, said in a letter to Heads of Delegation of OPEC Member Countries and non-OPEC oil producing countries participating in the Declaration of Cooperation (DoC).

The Ministry of Energy and Infrastructure has affirmed that the UAE is a longstanding and committed member of OPEC, and OPEC+, and have been a reliable partner in the current OPEC+ agreement, delivering compliance of 103% throughout its 2-year term.

«Чтобы максимально использовать наши наработки и реализовать перспективы, мы ведем работу по идентификации того, какие производства могли бы соответствовать текущему и будущему спросу, заказам. Здесь важно оказывать не точечную, а системную поддержку по всей цепочке производства водорода», – добавил Павел Сорокин.

Средняя цена на нефть марки Urals в январе-июне 2021 года сложилась в размере $63,35 за баррель, в январе-июне 2020 года - $39,68 за баррель.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в июле 2021 года в размере +242,0 млрд руб.

The agreement between IRENA and Chinese Ministry of Ecology and Environment will enhance cooperation on the energy transition between the two to ensure China moves closer to its 2030 carbon emissions reductions and 2060 carbo-neutrality targets.

"China's domestic coal supply capacity continues to run low while power generation activities resume," energy and mineral resources ministry spokesman Agung Pribad said in a statement, adding demand also increased from Japan and South Korea.