NOVATEK announced that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol.

НОВАТЭК и трейдинговая компания Vitol S.A. объявили о подписании Базовых условий соглашения на поставку СПГ

According to the latest figures published by Energy Charts from German solar research institute Fraunhofer ISE, renewable energy accounted for 54.45% of net electricity generation in March.

A research centre to support China's push for nuclear fusion power has been approved. It will be able to test large superconducting magnets and filters under operational conditions. The Institute of Plasma Physics of the Chinese Academy of Sciences said that having an integrated research facility for key systems of fusion reactors is "one of the major scientific engineering projects" in the Thirteenth Five-Year Plan.

China has begun construction of the main structure of the 2.24-GW hydropower station on the Jinsha River, the upper section of the Yangtze River. The project is undertaken by China Huadian Corp., with a total investment of about 33.4 billion yuan (about 5 billion US dollars).

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade.

«Огромный потенциал сосредоточен в сегменте производства СПГ. Если сегодня доля СПГ составляет в мировой торговле 35%, к 2035 году она будет выше 50% и достигнет 70% к 2040 году.»

TASS - The share of liquefied natural gas (LNG) on the global gas market may double to reach 70% by 2040, Russia’s Energy Minister Alexander Novak said at the Krasnoyarsk Economic Forum on Friday.

“Россия как один из крупнейших поставщиков нефтепродуктов и угля в Ливан и в дальнейшем готова обеспечивать поставки энергоресурсов соответственно спросу. Значительный потенциал российско-ливанского взаимодействия в энергетике, в частности, сконцентрирован в нефтегазовом секторе”, - отметил глава Минэнерго России.