Russia, the largest non-OPEC partner in the alliance, has increasingly flouted its cap over the last several months, with its excess production soaring to 877,000 b/d.

Methane is significantly more polluting than carbon dioxide, with estimates suggesting it is 84 times more potent than CO2 over a 20-year timeframe.

Among countries, Russia, China, and Oman would be the top three countries globally for new build and expansion small-scale liquefaction capacity additions by 2025.

PAO NOVATEK released its consolidated interim condensed financial statements for the three months ended 31 March 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”).

For the year ended December 31, 2020 profit attributable to the owners of PJSC Gazprom amounted to RUB 135,341 million.

Daily average production was up 2% from 10.26 million b/d in March. Total output in March was 43.4 million mt. Increases in month-on-month output volumes in early 2021 reflect gradual increases in Russia's crude production quota agreed under the OPEC + deal from the beginning of the year.

OPEC+ officials said they see no reason to be alarmed, and the group's production is set to rise anyway.

The bill is a first step to create legislation that will allow to regulate CO2 emissions in Russia.

"Russia is willing to present a range of joint projects and consider potential benefits even for foreign companies that would like to invest in clean technologies, including in our country," Putin said.

In recent times many countries are viewing hydrogen energy as an area essential for the implementation of national low-carbon development strategies. However, hydrogen is a secondary energy source, i.e. additional energy is required to produce it, which has an effect on its cost price.

Rosatom signed two memorandums of understanding (MOUs) with Ethiopia’s Ministry of Innovation and Technology.

Russian oil imports as a share of US total oil imports hit a record high of 8% in January 2021, according to data from the US Energy Information Administration, up from 4% during 2018.

On March 18, US Secretary of State Antony Blinken issued a warning to entities involved in the Nord Stream 2 project that they risk "US sanctions and should immediately abandon work on the pipeline."

Russia outlined protection of its market share in the international market as one of its main goals for 2021.

Russia’s Novosibirsk Chemical Concentrate Plant (part of Rosatom’s Fuel Company TVEL) intends to establish a production facility for the serial production of TVS-Kvadrat fuel for nuclear power plants of western design, Vladimir Rozhdestvensky, adviser to TVEL’s President, said on 9 April.