ConocoPhillips has been one of the better-performing energy stocks, having dropped 8% this year, compared with a key industry index, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP.P), which has sunk about 22%.

Putin said Ukraine still had work to do to align its gas regulatory landscape with that of Europe, questioning whether Kiev would be able to achieve this in time. "That is not up to us," he said. "Therefore, the risk of termination of transit exists."

Crown Prince Mohammed bin Salman had been seeking a valuation for the world's biggest oil and gas company of $2 trillion. Saudi Arabia's government currently owns all of Saudi Aramco's 200 billion shares outstanding.

"We are highly confident that the actions we already have in progress will allow us to exceed the upper end of our original $10 to $15 billion divestiture goal by the middle of 2020," said President and Chief Executive Officer Vicki Hollub. "Closing the Midland Basin Joint Venture and completing the sale of additional non-core assets are the latest examples of Occidental’s progress towards further strengthening our balance sheet."

Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year to RUB1.871 trillion

"The law implements a European compromise, in which we, together with France and the Commission and other member states played a major role," Altmaier said.

Pradhan said Indian Prime Minister Narendra Modi recently met with the chief executives of energy firms in Houston, including those from Exxon Mobil Corp, BP Plc, Royal Dutch Shell, Rosneft Oil Co, Saudi Aramco and Abu Dhabi National Oil Co (Adnoc).

Rosneft already supplies crude to India, shipping to its subsidiary Nayara Energy which operates the 20 million mt/year Vadinar refinery in Gujarat.

The timeline for work to lay the section of pipeline in Danish waters will be key to when Nord Stream 2 is able to begin flowing gas, with wider implications for the European gas market -- including whether Russia's Gazprom agrees a new transit deal with Ukraine's Naftogaz.

ExxonMobil has invested around US$6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2006, according to Christian G. Lenoble, President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc.

For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year.

Poland's antitrust authority, the Office of Competition and Consumer Protection (UOKiK), said Friday it had imposed a fine on France's Engie of Zloty 172 million ($44.5 million) for its failure to provide the watchdog with documents regarding its agreements with Gazprom aboutfinancing the Nord Stream 2 gas pipeline.

Alexey Miller pointed out that a number of strategic issues need to be resolved prior to the signing of a new transit contract.

Poland sees Nord Stream 2, which would double Russia’s gas export capacity via the Baltic Sea, as a threat to Europe’s energy security and argues it will strengthen Gazprom’s already dominant position on the market.

Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts.