Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.

Russia and Turkey signed an intergovernmental agreement in May 2010 for the construction of the Akkuyu nuclear power plant on the southern coast of Turkey in Mersin province,

Germany was willing to considerably increase its financial support for LNG infrastructure by up to Eur1 billion ($1.2 billion). In exchange, the US would allow the "unhindered construction and operation" of Nord Stream 2.

Novatek expects worldwide LNG demand to continue to grow even as countries decarbonise their energy systems.

Like the Nord Stream and Nord Stream 2 pipeline projects, TurkStream was designed to enable Russian gas to reach European markets without having to flow through Ukraine.

In the fourth quarter of 2020 LUKOIL Group's average hydrocarbon production was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter.

Germany's position is that Nord Stream 2 is a commercial project. However, Merkel expanded on her description of the pipeline, which she said she discussed openly with Macron.

Reports this week in the German press suggested the administration of new US President Joe Biden would be open to direct negotiations with Germany over the pipeline.

The global economy is forecast to grow by 4.4 per cent in 2021, a substantial shift from -4.1 per cent last year. “With the crude oil market currently switching into backwardation, we are hopeful that 2021 will be a good year for overall demand,” Barkindo said.

France's Engie is one of five European energy companies that have lent financial support to Nord Stream 2, which remains incomplete with some 150 km left to lay in Danish and German waters.

Developing the potential LNG projects will allow Russia to almost triple LNG production by 2035 and produce additional 2.5 trillion cbm of gas by 2040.

In a statement, Gazprom said its sales last month to the Far Abroad (Europe plus Turkey, minus the countries of the former Soviet Union) were 45.4% -- or 6.1 Bcm -- higher year on year.

Baker Hughes (NYSE: BKR) and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production.

PJSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces operating results for the 4th quarter and full year ended December 31 2020

Мы видим кризис прежних моделей и инструментов экономического развития. Усиление социального расслоения: как на глобальном уровне, так и в отдельных странах. Об этом мы и раньше говорили. Но это в свою очередь сегодня вызывает резкую поляризацию общественных взглядов, провоцирует рост популизма, правого и левого радикализма, других крайностей, обострение и ожесточение внутриполитических процессов, в том числе в ведущих странах.