Asian LNG prices hit historic lows in February, the benchmark price for spot-traded LNG in Northeast Asia, falling to $2.71/MMBtu on underlying weak Asian demand compounded by mild temperatures and the coronavirus.

In late February, the Spanish energy companies Repsol SA and Endesa SA rejected a hefty deal on the purchase of 200 million cubic metres of LNG from the biggest US liquefied natural gas exporter Cheniere Energy Inc.

In 2019, profit attributable to PJSC LUKOIL shareholders amounted to RUB 640.2 bln, 3.4% higher year-on-year. The growth was constrained by higher depreciation and lower non-cash foreign exchange gain.

On Monday, Aramco shares opened trading at Riyals 27 ($7.19) before rising modestly to close at Riyals 28.35. That is 11.4% below its IPO price, prompting the company's valuation to slide to about $1.5 trillion from $1.7 trillion in December, in the wake of Friday's failure by OPEC and Russia to reach a deal on oil production cuts.

Gazprom, OMV have agreed, inter alia, to extend until June 2022 the negotiations for the final agreement on the deal.

Canadian Nuclear Laboratories and the UK's National Nuclear Laboratory have agreed an action plan to boost collaboration in energy, medical isotopes, waste management and decommissioning, while the Canadian Nuclear Association and the UK's Nuclear Industry Association have signed a Memorandum of Understanding to collaborate in promoting nuclear technologies. Canada's 19 nuclear power reactors produce 15% of the country's electricity. The UK's 15 nuclear power reactors, operating across eight sites, account for 21% of that country's generation.

Construction works on the 55 Bcm/year Russian Nord Stream 2 pipeline linking Russia to Germany via the Baltic Sea were abruptly interrupted in late December after the US government implemented new sanctions threatening measures against contractors building the project.

ExxonMobil is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, depending on the progress of individual projects.

RUSHYDRO Reported: net profit RUB 51,547 mn – adjusted net profit (-27.1% y-o-y) net profit in 2019 – RUB 643 mn (-98.0% y-o-y) mostly as a result of impairment of property, plant & equipment.

“Conoravirus ... is a short-lived factor which is affecting oil prices ... There will be an OPEC (and non-OPEC) meeting, compensatory measures will be taken which will take the excess oil off the market and the oil price will rebound,” Fedun said.

Venezuela's oil exports increased to 1.046 million barrels per day (bpd) last month from 960,000 bpd in January,

Net income attributable to Rosneft shareholders $10.9 bln

2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.79 MMBOE, WHILE AVERAGE DAILY LIQUIDS PRODUCTION WAS AT 4.67 MMBBL, THE INDICATORS REMAINED AT 2018 LEVEL

The Dabaa plant is the first nuclear plant for peaceful uses, with a total capacity of 4.8 gigawatts. The project is financially supported by Rosatom through a Russian loan amounting to $25 billion.

RUSHYDRO Reported net profit – RUB 38,645 mn (+5%);