The Turkish and Azeri presidents on Saturday inaugurated the Europe link of the strategic Trans-Anatolian Natural Gas Pipeline (TANAP).

“We don’t have a moment to waste any more on fighting climate change,” von der Leyen told the assembly shortly before the vote in a speech delivered in English, French and German. “It will need massive investment.”

Говоря о партнерстве на энергетическом рынке, Александр Новак подчеркнул успешность взаимодействия двух стран в части поставок СПГ, добычи нефти, а также в области возобновляемой энергетики.

Enel’s 2020-2022 Plan is also based on the inherent sustainable business model that we have built, while working along the two global trends that are shaping the energy sector: decarbonisation and electrification. The digital transformation of our large network business and the platformisation of all our customer-related activities are key enablers of this plan, boosting efficiencies and introducing additional services.

Gazprom delivered to the country 12.7 billion cubic meters of gas, which was 2.8 per cent more than in the entire year of 2018, a record-breaking year in terms of Gazprom's exports to Austria.

German chemical giant BASF has begun construction of its $10-billion integrated petrochemicals project in China’s southern province of Guangdong,

Under the terms of the deal, Mitsubishi will own 80% of Eneco and partner Chubu 20%.

Last week, President Vladimir Putin said Russia wanted to resume direct gas sales to Ukraine -- and would be prepared to reduce the price Kyiv paid by 20%-25%.

The potential delay in Nord Stream 2 construction also undermines Russia's position in negotiating a new transit deal with Ukraine's Naftogaz. Ukraine transited some 87 Bcm of Russian gas to Europe in 2018 -- or some 44% of total Russian exports -- but those volumes are set to slump once the planned Nord Stream 2 and TurkStream gas pipelines come online.

In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."

Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.

Norway's preliminary production figures for October 2019 show an average daily production of 1 828 000 barrels of oil, NGL and condensate, ,which is an increase of 264 000 barrels per day compared to September.

Putin said Ukraine still had work to do to align its gas regulatory landscape with that of Europe, questioning whether Kiev would be able to achieve this in time. "That is not up to us," he said. "Therefore, the risk of termination of transit exists."

Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.

"The law implements a European compromise, in which we, together with France and the Commission and other member states played a major role," Altmaier said.