Saudi Aramco, the world’s most profitable company, is trying to break into the fledgling market for liquefied natural gas trading. To do so, the state-owned company is tapping its decades-old network of oil-trading contacts, selling its first two cargoes to longstanding crude customers in South Korea and India.

Глава Минэнерго России особо отметил состоявшееся на “полях” ВЭФ принятие окончательного инвестиционного решения по проекту “Арктик СПГ 2”.

Владимир Путин отметил, что взаимодействие в энергетике - стратегическая сфера российско-индийского сотрудничества.

Arctic LNG-2 is expected to launch in 2023 and will aim to export 80 percent of its LNG to Asia, Novatek Chief Executive Leonid Mikhelson, Russia’s richest businessman according to Forbes magazine, said after the project’s partners signed a final investment decision (FID) at an economic forum.

Russia's exports of medium sweet ESPO Blend crude oil are expected to total 3.12 million mt in October, up 30% from September, according to the latest monthly loading program.

"Western sanctions have helped deepen Russia-China energy links as Chinese entities have emerged as a source of capital, which in turn has facilitated Chinese financing of the Yamal LNG project as well as the conclusion of the Power of Siberia pipeline," Dr Michal Meidan, director of the China Energy Program at the Oxford Institute for Energy Studies, said.

India and Russia are targeting $30 billion of annual trade by 2025, India’s foreign secretary said on Wednesday as a string of energy deals deepened economic ties between the nations.

Russia's Novatek signed two memoranda of understanding with Indian companies H-Energy Global and Petronet LNG Wednesday on cooperation on LNG supplies and production, on the sidelines of the Eastern Economic Forum in Vladivostok.

The MOU envisages cooperation in LNG supplies to India on a long-term basis, joint investment in future LNG terminals of H-Energy and LNG projects of NOVATEK, as well as establishing a joint venture to market LNG and natural gas from NOVATEK’s portfolio to end-customers in India, Bangladesh and other markets.

“The Nord Stream 2 company has clearly informed us that it is sticking to the schedule and the budget, and we have no reason to revise the plan in any way today,” he said when asked if a launch at the end of 2019 or early 2020 was realistic.

Profit attributable to owners of PJSC Gazprom amounted to RUB 836,497 million for the six months ended June 30, 2019 which is by RUB 205,693 million, or 33%, more than for the same period of the prior year.

Прибыль, причитающаяся акционерам ПАО «Транснефть», за шесть месяцев 2019 года составила 106 млрд руб., что выше аналогичного показателя за шесть месяцев 2018 года на 14 млрд руб. или 15%, в том числе за счет формирования прибыли от продажи ООО «НЗТ» в апреле 2019 года.

Net profit attributable to owners of the Petrochina was RMB28,423 million, up 3.6% year-on-year.

TechnipFMC plc (NYSE: FTI) (Paris: FTI) announced its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy transition.

BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.