Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe's decarbonization policy goals.

The Vietnamese oil and gas company PetroVietnam (PVN) has started producing gas from the Sao Vang-Dai Nguyet field off the country’s southern coast.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.

The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total, and expands on the long-standing partnership and collaboration between the two leading energy producers across the full value chain.

The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.

In 9M 2020 negative Net income was RUB -177 bln (USD -2.1 bln). The reduction compared to 9M 2019 was a result of the negative effect of price fluctuations due to COVID-19 pandemic as well as the negative effect of non-monetary factors.

Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.

Gazprom and Germany say Nord Stream 2 is purely a commercial project. Gas demand in Germany is growing as it cuts dependence on nuclear and coal power.

The government in the summer earmarked 7 billion euros ($8.25 billion) for the build-up of green hydrogen in Germany, plus a further 2 billion euros to set up partnerships with other countries.

For the nine months of 2020 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,065 kboe per day, which is 11.6% lower year-on-year.

UOKiK on Oct. 7 imposed a fine of more than Zloty 29 billion ($7.62 billion, Eur6.48 billion) on Russian gas giant Gazprom for building Nord Stream 2 without its approval, as well as a fine totaling Zloty 234 million on five European companies that helped finance the project.

The almost complete Nord Stream 2 was meant to come online at the end of 2019, but the threat of US sanctions against companies working on laying the pipeline saw main contractor Allseas halt work in December last year.

Pursuing the opportunities created by the “energy revolution” facing the world’s major economies should help to boost net profit by more than 40% from 2019 to 5 billion euros in 2025, Iberdrola said.

"In just two weeks, a new piece of infrastructure will be ready," Nassirov said, referring to the Trans-Adriatic Pipeline.

Rosatom is planning to build a small nuclear power plant in Yakutia.