Egypt’s Ministry of Planning said the total investments targeted for the electricity sector during the fiscal year 19-2020 was estimated at 111.9 billion pounds ($6.8 billion), equivalent to 9.6 percent of the total investments.

The Swiss government has announced it will cut its greenhouse gas emissions to a net-zero level by 2050. According to Swiss government statistics, about 60% of Switzerland's electricity generation comes from renewable sources, most of it from hydro (56.6%). Nuclear contributes about 37.6% and about 2.5% comes from fossil fuels.

U.S. Rig Count is down 12 rigs from last week to 904, with oil rigs down 12 to 742, gas rigs unchanged at 162, and miscellaneous rigs unchanged at 0. Canada Rig Count is up 11 rigs from last week to 150, with oil rigs up 10 to 105 and gas rigs up 1 to 45.

Brent was down by 23 cents, or 0.4%, at $60.85 a barrel, WTI fell 40 cents, or 0.7%, to $56.31 a barrel.

Александр Новак отметил, что энергетическое взаимодействие с Индией отличается самодостаточностью и отвечает интересам обеих стран. При этом важную роль в двустороннем развитии отношений играет деятельность Рабочей группы по сотрудничеству в области энергетики и энергоэффективности в рамках Российско-Индийской межправкомиссии, 22-е заседание которой прошло в апреле этого года.

Россия и Китай обязуются содействовать созданию наиболее благоприятных условий для непрерывного роста двусторонней торговли и инвестиций посредством сотрудничества в финансовой и налоговой сферах.

Министр сообщил, что на сегодняшний день в проект Стратегии включены шесть направлений: совершенствование торгово-инвестиционного режима и договорно-правовой базы, реализация потенциала в финансовой сфере, развитие транспортно-логистической инфраструктуры, диверсификация энергетического сотрудничества, сотрудничество в агропромышленной сфере, наука и инновации.

High and rising inequalities of opportunities and outcomes pose risks to global growth, economic stability and social cohesion and to the achievement of the Sustainable Development Goals more generally

“The Nord Stream 2 company has clearly informed us that it is sticking to the schedule and the budget, and we have no reason to revise the plan in any way today,” he said when asked if a launch at the end of 2019 or early 2020 was realistic.

At 427.8 million bbl, US crude oil inventories are at the 5-year average for this time of year

The world’s nuclear plants continue to perform excellently. Growth is strong, with more than 20 new reactors scheduled to be connected before the end of 2020. For the industry to reach the Harmony goal of supplying at least 25% of the world’s electricity before 2050, much greater commitment from policymakers will be required.

The draft law envisages state aid totaling 40 billion euros ($45 billion) spread over the next 20 years, mostly to four regions affected by the plans to phase out coal by 2038 - part of Germany’s transition to renewable energy, known as the ‘Energiewende’.

U.S. Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.

Profit attributable to owners of PJSC Gazprom amounted to RUB 836,497 million for the six months ended June 30, 2019 which is by RUB 205,693 million, or 33%, more than for the same period of the prior year.

Прибыль, причитающаяся акционерам ПАО «Транснефть», за шесть месяцев 2019 года составила 106 млрд руб., что выше аналогичного показателя за шесть месяцев 2018 года на 14 млрд руб. или 15%, в том числе за счет формирования прибыли от продажи ООО «НЗТ» в апреле 2019 года.