Moscow-based analysts welcomed the latest OPEC+ decision, which allowed Russia to increase output by 65,000 b/d in February, and a further 65,000 b/d in March. Russia's crude output was 9.10 million b/d in December.

Средняя цена на нефть Urals за период мониторинга с 15 января 2021 года по 14 февраля 2021 года составила $56,99595 за баррель, или $416,1 за тонну.

Unfortunately, nuclear energy in Japan currently accounts for just 6% of total power generation, while its share before the Fukushima nuclear accident was as much as 30%.

"Nuclear power should be right at the heart of green hydrogen production, alongside renewable technology.

If you build an SMR in the U.S., for example, you can’t sell it in Canada until Canadian regulators have approved the design. And the same goes for every other nuclear market in the world. Even nuclear insiders recognize that this could be a big issue for SMRs.

“This development of low carbon and renewable hydrogen will accelerate the construction of new hydrogen infrastructure and the repurposing of current natural gas infrastructure, thus paving the way for net zero in 2050,” Engie and Equinor said in a statement.

PAO NOVATEK released its audited consolidated financial statements for the year ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”).

The reported net loss after tax of US$357 million includes the previously announced impairments, primarily due to lower oil price assumptions.

Brent gained 38 cents, or 0.6%, to $63.73 a barrel. WTI rose 21 cents, or 0.4%, to $60.26 a barrel.

China saw the greatest increase in Asian LNG volumes during 2020, importing 67.4 Mt of LNG, up 11.1% on the 60.7 Mt imported in 2019.

Qatar will spend billions of dollars expanding its LNG capacity more than 50% to 126 million tons a year.

Some 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but the threat of US sanctions against companies involved in laying the pipeline has led to long delays in its completion.

Gazprom sold a total of 209.7 Bcm last year across all of its pipeline markets, down from 228.2 Bcm in 2019,

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

Signed in 1994 to protect cross-border investment in the energy sector, the Energy Charter Treaty has faced growing criticism from environmental groups and governments that say it impedes countries’ efforts to phase out fossil fuels.