Four small modular reactors (SMRs) will power the huge Baimskaya copper and gold mining development in the Russian Arctic

As part of today’s Eastern Economic Forum, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the Japan Bank for International Cooperation (JBIC) signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects.

Gazprom will supply 4.5 bcm/year of natural gas to Hungary, with 3.5 bcm/year via Serbia and 1 bcm/year via Austria.

Gain attributable to the owners of PJSC Gazprom amounted to RUB 968,498 million for the six months ended June 30, 2021.

In the second quarter of 2021, profit attributable to PJSC LUKOIL shareholders amounted to RUB 189.8 bln, which is 20.5% higher quarter-on-quarter.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, collectively known as OPEC+, will meet on Sept. 1 to discuss the previously agreed increase of 400,000 barrels per day (bpd) for the next several months.

OPEC, Russia and nine other countries agreed in July to increase crude production by 400,000 b/d starting August through the end of 2022, a quantity that many analysts said would be insufficient to meet demand in the short-term, given seasonal consumption patterns and the world's recovery from the pandemic.

"This means that the Nord Stream 2 gas connection pipeline is subject to German regulation by the Federal Network Agency

The 19 countries with quotas under the OPEC+ deal produced 35.99 million b/d in July, despite having a collective ceiling of 36.34 million b/d.

"Timely implementation of this project is of national importance: this is a particularly significant task to provide the nuclear industry with natural uranium, a challenge facing the entire Mining Division,"

The meeting ended with the signing ceremony launching the production of units for melt localisation devices for units 1&2 of the El-Dabaa NPP under construction in Egypt.

US imports of crude and oil products from Russia hit an all-time high of 844,000 b/d in May, making it the No. 2 supplier,

Profit attributable to shareholders of PAO NOVATEK increased to RR 99.3 billion (RR 33.07 per share) in the second quarter 2021 and to RR 164.4 billion (RR 54.76 per share) in the six months 2021 as compared to RR 41.6 billion and RR 10.9 billion, respectively, in the corresponding periods in 2020.

In the second quarter 2021, NOVATEK’s hydrocarbon production totaled 156.6 million barrels of oil equivalent (boe)

Al-Araby Al-Jadeed reported on 19 July that Egypt had suspended planned meetings with Rosatom, again citing tensions over GERD.