Brent crude futures were up $1.35 at $63.02 a barrel by 0757 GMT. WTI crude futures were up $1.10 at $53.69 per barrel.

Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according to the IEA’s latest annual market report,

Gazprom's supplies to Hungary from January 1 through June 5, 2019, totaled 4.3 billion cubic meters of gas, a 57.5 per cent increase versus the same period of 2018.

The meeting participants reviewed issues related to cooperation between the companies. Particular attention was paid to joint actions for hydrocarbon production in Russia, namely at the Urengoyskoye and Yuzhno-Russkoye fields.

It was pointed out that the French demand for Russian natural gas has been on the rise for the last four years.

U.S. exports of liquefied natural gas (LNG) to Europe have increased substantially since October 2018, averaging 1.9 billion cubic feet per day (Bcf/d) in the winter of 2018–19 compared with 0.1 Bcf/d in the winter of 2017–18.

The parties reviewed issues related to bilateral cooperation, paying special attention to the implementation of the Nord Stream 2 project. To date, more than 1,402 kilometers of pipes – over 57 per cent of the gas pipeline's total length – have been laid in the Baltic Sea.

In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).

Russia's Gazprom Neft said Thursday it and Shell have agreed to create a joint venture to develop fields in West Siberia with combined estimated reserves of 1.1 billion mt of oil.

Year-to-date, the goods and services deficit increased $4.1 billion, or 2.0 percent, from the same period in 2018. Exports increased $8.3 billion or 1.0 percent. Imports increased $12.4 billion or 1.2 percent.

Longdom welcomes you to attend the Advances in Biofuels and Bioenergy during October 21-22, 2019 at Toronto, Canada. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Biofuels and environmental sciences.

Brent crude futures were at $60.50 at 0108 GMT. That was 13 cents, or 0.2%, below last session’s close. WTI crude futures were at $51.62 per barrel, 6 cents, or 0.1%, below their last settlement.

Over the last decade Russia and China have significantly increased their energy links, with Russia ramping up supplies of crude and gas, and attracting Chinese investment into major new energy projects.

A general contract for Russian-designed power units No. 3 and No. 4 construction with VVER-1200 reactors at Xudapu nuclear power plant was signed on June 5 in Moscow in presence of heads of Russia and China. The official signing ceremony took place during President of China Xi Jinping state visit to Russia.

On June 5, 2019, during the visit of Prime Minister of Slovakia Peter Pellegrini to Moscow, a memorandum of understanding on cooperation in the use of nuclear energy for peaceful purposes was signed between ROSATOM and Ministry of Economy of the Slovak Republic.