Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.

Brent were up 44 cents, or 0.7%, at $61.26, WTI were up by 38 cents, or 0.7%, at $56.48.

Как подчеркнул Александр Новак, в части поставок электроэнергии Россией и Монголией накоплен значительный многолетний опыт. Так, за 2018 год экспорт электроэнергии из России в Монголию достиг 416 млн кВтч, при этом в связи с обращением монгольской стороны в 2015 году пропускная способность основной линии электропередачи Селендума – Дархан, по которой осуществляются поставки электрической энергии из энергосистемы Республики Бурятия в центральный регион Монголии, была увеличена со 175 до 245 МВт.

They believe relentless US oil production growth will slow rapidly next year.

In total, the Saudi government plans to sell 0.5% of Aramco to individual investors and the remainder to domestic institutions and international firms registered in the kingdom, known as qualified foreign investors.

Russia, a key non-OPEC ally, has so far opposed deeper cuts or a longer extension. But Moscow has often taken a tough stance before every meeting before approving the policy. Sources said Saudi Arabia was working on convincing Russia.

Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, highlighted during his speech at the meeting that the vision of the UAE leadership established a long-term forward-looking vision for the future of energy and oil aiming to enhance the leading and advanced standing of the UAE in the sector. He shed light on the qualitative leap achieved by ADNOC for institutional development and modernization by the adoption of innovation and technology aims to continue to contribute to the achievement of the leadership vision by diversifying sources of income and investment in national talent and business sustainability and shaping the future.

Al Mazrouei led a UAE economic delegation comprised of government and private sectors' officials in a two-day visit to Sudan where they explored paths of cementing bilateral relations in areas of trade, investment, energy, mining, electricity, infrastructure and agriculture.

Brent rose $1.20 to $61.69 a barrel, WTI crude added $1.05 to $56.22.

Александр Новак и Мохаммед Баркиндо обсудили текущее взаимодействие России и Организации на международном треке, а также в рамках соглашения ОПЕК+.

Russia agreed to reduce its output by 228,000 bpd to about 11.18 million bpd in 2019 as part of cuts by the group of producers, known as OPEC+, which agreed to cut their combined output by 1.2 million bpd or 1.2% of global demand.

Сотрудничество России и Азербайджана насчитывает долгие годы и основано на принципе добрососедства и стратегического партнерства, отметил Александр Новак в ходе встречи.

В рамках встречи главы энергетических ведомств России и Омана обсудили многостороннее взаимодействие стран в рамках ОПЕК+, а также на площадке ФСЭГ в рамках развития газового сотрудничества стран.

With oil and gas as core of the cooperation between the two countries, China is currently eyeing new opportunities to join Qatar's upstream and downstream LNG industry in addition to plans of increasing its LNG imports from Qatar, while Chinese companies are tapping Qatar Petroleum (QP) to enter China's upstream energy industry and gain access to a 1.4 billion people market, China's Ambassador to Qatar, Zhou Jian, said at a press conference at his residence

Brent were down 29 cents at $63.58 a barrel, WTI were flat at $58.11