DUBAI: On the launch of the third round of Arab Hope Makers initiative, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said, “Every person has a capacity to give and a talent to invest in serving societies. Water drops make a river and reigniting civilisations starts with giving. Creating hope will spark a new life in our region.”

МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 февраля года по 14 марта 2019 года составила $ 65,06525 за баррель, или $ 475 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 апреля 2019 года повысится на $ 6,2 и составит $ 97,4 за тонну.

IEA - The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid transformation of world oil markets

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 85,000 b/d month-over-month in April from 8,507 to 8,592 thousand barrels/day , gas production to increase 883 million cubic feet/day from 78,137 to 79,020 million cubic feet/day .

The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects.

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).

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.

Iranian Minister of Petroleum Bijan Zangeneh said the country’s gas production capacity from the supergiant South Pars gas field would cross 750 million cubic meters per day by late 2019.

Since then, U.S. continued federal efforts to curb retirements of coal and nuclear units for resilience and national security have met with much resistance and found little success.

EIA - Renewable generation provided a new record of 742 million megawatthours (MWh) of electricity in 2018, nearly double the 382 million MWh produced in 2008. Renewables provided 17.6% of electricity generation in the United States in 2018.

South Africa must consider nuclear as a clean energy source that can be part of its electricity generation mix, Energy Minister Jeff Radebe said yesterday in his keynote speech at a business awards ceremony.

Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both domestic and global projects, an executive said

Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close by the end of April, according to Chief Executive Roberto Castello Branco.

Saudi Arabia said on Tuesday it would spend 86 billion riyals ($23 billion) to boost the quality of life in the capital Riyadh, increasing green space and recreational areas and installing 1,000 works of art across the city.