The country produced 530,000 b/d of oil in August, down from 540,000 b/d in July. Ecuador's output quota was set at 508,000 b/d under a 1.2 million b/d supply cut agreement, which went into force January 1 and runs through March 2020. Ecuador reported August production of 550,000 to OPEC.

A U.S. Senate committee passed a bill in July to place sanctions on companies and individuals involved in building the Nord Stream-2 gas pipeline from Russia to Germany.

Planned 2019 volumes of LNG delivered eastbound to the Asian Pacific markets via the NSR will be increased by more than 4 times compared to last year.

The Yamal LNG project has all the necessary capacities to ensure supplies of LNG produced to customers in accordance with contractual obligations within the agreed timelines.

Rosatom in February 2011 signed an agreement for two 1000 MWe-class reactors to be built at Rooppur for the Bangladesh Atomic Energy Commission. The initial contract for the project, worth USD12.65 billion, was signed in December 2015. The Bangladesh Atomic Energy Regulatory Authority issued the first site licence for the Rooppur plant in June 2016, allowing preliminary site works, including geological surveys, to begin.

The ITER International Fusion Energy Organisation has awarded a EUR200 million (USD218 million) contract for the Tokamak Assembly (TAC2) to Dynamic. The operation will mostly be performed at the ITER site in Cadarache, France with the engineering and manufacturing support of Dynamic's founding companies - Ansaldo Nucleare, Endel Engie, Orys Group ORTEC, SIMIC, Leading and Ansaldo Energia.

A UK Atomic Energy Authority spokesman told S&P Global Platts the funds were separate to the UK's participation via the EU in the global ITER fusion research project in France.

Brent were down 52 cents or 0.84% at $61.39 a barrel, WTI were 35 cents or 0.63% lower at $55.56 a barrel.

“If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” Prince Mohammed, known as MbS, said through a translator. “Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.”

These three levers, each with their own potential to disrupt the market and offer new growth opportunities to the companies that leverage them, are often discussed in the energy industry: Digital technology, climate change, and dealing with risk