Under terms of the latest agreement, Petrobras will receive $3.253 billion and own a 39.5% operating stake in the Atapu Field, which pumped first oil in June 2020.

In the first quarter 2021, NOVATEK’s hydrocarbon production totaled 158.1 million barrels of oil equivalent (boe), including 20.15 billion cubic meters (bcm) of natural gas and 3,129 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 7.9 million boe, or by 5.3% as compared with the first quarter 2020.

Removing this specific tax measure could generate US$13bn over 10 years. Overall, eliminating fossil fuel subsidies could increase government receipts by US$35bn over 10 years.

Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally.

The two planned power stations -- Keadby 3 and Keadby Hydrogen -- will form a "clean power hub" near Scunthorpe and accelerate the decarbonization of the Humberside region, the UK's largest and most carbon-intensive industrial cluster.

Novatek seeks to raise $11 billion in external financing and has said it planned to get the funds by the first half of this year.

EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $60/b in 2022.

Turkey will be blending hydrogen, promoted as a clean, efficient and sustainable energy source, with natural gas with the new facility

Gastrade is developing the LNG FSRU offshore Alexandroupolis in Greece, which will be a new, independent energy gateway for the markets of Southeastern and Central Europe.

The number of cases of low-flying "foreign planes" over the Nord Stream 2's vessels has increased in the second half of March.

However, Russian gas remains competitive for European buyers given its low-cost production base and long-term reliability.

Australian liquefied natural gas (LNG) export earnings are forecast to fall from $48 billion in 2019-20 to $33 billion in 2020-21 due to weaker global prices and demand.

As China’s largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production over the next five years and also start introducing “green” hydrogen using solar and wind power,

The fresh violence that follows attacks at the turn of the year suggests Mozambique’s armed forces are struggling to regain control of the region surrounding the $20 billion project.

Over the past few years, Russia has introduced several state incentives aimed at keeping up with the rising role of renewables in the energy mix.