President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum was signed today at the Russia-Africa economic forum in Sochi.

Ethiopia and Russia signed an intergovernmental agreement on cooperation in the peaceful uses of nuclear energy during the Russia-Africa Summit in Sochi. The document was signed by Rosatom Director General Alexey Likhachov and Ethiopian Minister of Innovation and Technology Getahun Mekuria.

Сегодня в г. Сочи в рамках Саммита «Россия-Африка» Президент ПАО «ЛУКОЙЛ» Вагит Алекперов и Министр горнорудной промышленности и углеводородов Экваториальной Гвинеи Габриэл Мбега Обиангу Лима подписали Меморандум о взаимопонимании.

Globally, nuclear power is a leading source of clean electricity today - second only to hydro - but many nuclear power plants in advanced economies are facing retirement as they approach the end of their original 40-year design lifetime, Birol said. Without additional lifetime extensions or new projects, nuclear capacity in advanced economies - primarily in the USA, the EU and Japan - would decline by two-thirds by 2040, substantially as a result of political issues and inadequate market design, he added.

Brent were down 25 cents, or 0.43%, to $59.45 a barrel , WTI for December delivery fell 32 cents, or 0.59%, to $54.16 per barrel

одну из ведущих ролей в наращивании российско-турецкого экономического взаимодействия продолжает играть энергетическая отрасль, подчеркнул Александр Новак. «Успешно продвигается реализация флагманских проектов: “Турецкий поток” и АЭС “Аккую”, подчеркнул Министр.

The impact of the dual TurkStream (TS) natural gas pipeline will be significant in changing the region's gas flow patterns

The current 10-year agreement between Gazprom and Naftogaz expires at the end of 2019, and the European Commission is brokering talks aimed at putting in place a new contract to take effect from the start of 2020.

NOVATEK announced that Yamal LNG is no longer considered a “Blocked Person” under the US Department of the Treasury’s Office of Foreign Asset Control or “OFAC” rules.

President Vladimir Putin will host the Russia-Africa Summit in Sochi this week as Russia looks to expand its footprint in Africa.