The construction of the LNG terminals in Germany represents a considerable investment. The FSRU for instance, the cheapest facility, will require about €400 million ($500 million) to build.

Gazprom’s market value is $79.4 billion, second in Russia to Sberbank’s $82 billion, according to Refinitiv Eikon data.

ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector

Profit attributable to shareholders of PAO NOVATEK increased to RR 69.2 billion (RR 22.97 per share), or by 115.9%, in the second quarter of 2019 and to RR 451.0 billion (RR 149.73 per share), or six-fold, in the first half of 2019 as compared to the corresponding periods in 2018.

NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project

The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America.

Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects,

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in July from 8,497 to 8,546 thousand barrels/day, gas production to increase 745 million cubic feet/day from 81,213 to 81,958 million cubic feet/day .

the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.

Preliminary production figures for June 2019 show an average daily production of 1 409 000 barrels of oil, NGL and condensate, which is a decrease of 184 000 barrels per day compared to May.

U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.

First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.

People living on Australia’s east coast (including the states of Victoria, Queensland, New South Wales, and Tasmania; as well as the Australian Capital Territory and Jervis Bay Territory) are paying well above international prices.

First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.

ADNOC Group CEO Dr. Sultan Al Jaber met with Russian Energy Minister Alexander Novak in Moscow as ADNOC looks to expand its partnership and investment base.