“We estimate production costs for the Russian Arctic offshore in the range of $70 to $100 a barrel,” Energy Minister Alexander Novak said by email. These reserves “are our backup stock,” he said before the International Arctic Forum in Russia’s Arkhangelsk that began Wednesday.

The World Bank’s current portfolio in Vietnam consists of 49 operations, worth a total of 9.5 billion USD supporting infrastructure, agriculture, human development and improvement in economic and financial sector management. Support to infrastructure includes transport, energy, water and sanitation, and irrigation.

Saudi Arabia leads countries of the Middle East and North Africa (MENA) in future energy investment.

The deeply troubled power industry accounts for almost one-tenth of all bank loans in India, and thus poses a threat to already weakened lenders, according to data from Morgan Stanley. What is more, like so many other industries, the power business is facing significant technological challenges as the cost of solar energy continues falling.

The growing world economy will require more energy, but consumption is expected to grow less quickly than in the past - at 1.3% per year over the Outlook period (2015-2035) compared with 2.2% per year in 1995-2015.

В ходе встречи стороны обсудили ход реализации соглашения стран, входящих и не входящих в ОПЕК, об ограничении добычи нефти и отметили позитивное влияние достигнутых договоренностей на мировой рынок нефти.

Japan is putting together a package of plans for Japanese companies to invest in infrastructure and job-creation projects in the United States. Japan is the world's biggest buyer of the gas cooled to liquid form for transport on ships and takes in nearly a third of global shipments.

China aims to raise the ratio of non-fossil fuel consumption to 14.3 percent in 2017, while cutting the ratio of coal to 60 percent.

Министр энергетики Российской Федерации Александр Новак принял участие в официальном визите Президента Российской Федерации Владимира Путина в Японию.

Oil, gas and petrochemistry are major topics of economic discussions between Iranian and Indonesian officials during the Indonesian president visit to Iran.

Общий объем соглашений в области нефти и газа между Россией и ИРИ может превысить 10 млрд долларов США.

India, the world's third-biggest energy consumer, is striving to grow its natural gas use and shift away from oil and coal for power and industry, but its lack of gas import infrastructure is stymieing faster adoption of the cleaner-burning fuel.

В качестве главных вызовов для энергетики Министр назвал глобальное снижение цен на углеводороды, технологические прорывы, глобализацию рынков и обострение конкуренции, рост вмешательства в рыночный механизм со стороны государства, замедление темпов роста потребления топливно-энергетических ресурсов.

Iranian oil and gas sectors are very much attractive to foreign investors because of low cast of production, a senior expert said on Monday.

Our national energy security depends on our ability to produce oil and natural gas here in the U.S., and this decision could very well increase the cost of energy for American consumers and close the door on creating new jobs and new investments for years. We are hopeful the incoming administration will reverse this decision – consistent with the will of American voters.