These parties have made proposals involving solar photovoltaic (PV) and wind power, as well as liquefied natural gas and battery storage.

Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.

Aramco lowered its guidance for capital expenditure in 2021 to around $35 billion from a range of $40 billion to $45 billion previously

At the same time, hydrogen is a secondary energy source, i.e. additional energy is required to produce it, which has an effect on its cost price.

Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.

Modelling Princeton conducted on the path to a net-zero future showed not much, if any, increase in gas-fired generation capacity starting now, with small increases in some areas to manage reliability needs from rapid coal retirements offset by retirements of older gas plants in other areas.

Iraq's oil minister and a Total delegation also discussed potential development of solar power projects in the country's central and southern provinces. The two sides also discussed Total's potential support and financing of oil infrastructure projects.

Gas distribution and the operation of gas pipelines will switch from a concession regime to a regime of authorizations granted by the oil and gas regulator ANP.

The consortium behind Nord Stream 2 has pushed ahead with construction despite growing political pressure.

Though Russia suffered a relatively modest recession amid the pandemic last year, the recovery is expected to be sluggish and a jolt of state spending could help accelerate it. Russia has invested billions from the fund in the past in projects linked to big state companies.

ПАО «Газпром» и концерн Shell заключили Соглашение о стратегическом сотрудничестве сроком на пять лет.

LNG exports to Asia increased 67% in 2020 compared with 2019, accounting for almost half, or 3.1 Bcf/d, of all U.S. LNG exports.

Under the carbon-neutral arrangements, Gazprom and Shell in partnership offset the carbon footprint of the cargo with VCS (Verified Carbon Standards) and CCB (Climate, Community and Biodiversity) emission certificates.

The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system.

Vietnam will need about US$320bn to develop its power sector in 2021-2045,