U.S. commercial crude oil inventories increased by 0.1 million barrels from the previous week to 493.1 million barrels,

Basrah Gas Co., which counts Shell, Mitsubishi Corp. and Iraq's state-owned South Gas Co. as shareholders, will boost its production to 1.4 Bcf/d from the current 1 Bcf/d by 2025 at a cost of $3 billion,

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.

Brent were 65 cents, or 0.96%, higher at $68.21 a barrel. WTI ticked up 62 cents, or 0.1%, to $65.11 a barrel.

On 8 July last year, the European Commission adopted the EU Hydrogen Strategy, which sets out how hydrogen can support the decarbonisation of industry, transport, power generation and buildings.

“FIRST is a capacity-building programme designed to deepen strategic ties, support energy innovation, and advance technical collaboration with partner nations on secure and safe nuclear energy infrastructure.”

Net income for the first quarter of 2021 increased to SAR 81,440 ($21,717), from SAR 62,478 ($16,661) for the same period in 2020, primarily driven by higher crude oil prices, improved downstream margins and the consolidation of SABIC’s results, partly offset by lower crude oil volumes sold.

За год, закончившийся 31 декабря 2020 года, величина прибыли, относящейся к акционерам ПАО «Газпром», составила 135 341 млн руб.

Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation leads Total, as operator of Mozambique LNG project, to declare force majeure.

The EU has made green and digital the two pillars of its recovery plan, aiming to strengthen its leadership in the global fight against climate change, boost innovation and reduce dependence on imports of critical materials.

Iran, an OPEC member whose oil exports have dwindled since the re-imposition of US sanctions in 2018, began in April indirect talks with the US in Vienna amid hopes for Washington to rejoin the 2015 Joint Comprehensive Plan of Action nuclear deal.

March coal exports were up 2.5% from 6.71 million mt in February and 9.7% higher than the year-ago month. It was the highest in a month since 7.01 million mt in September 2019.

Brent rose 75 cents, or 1.1%, to $69.63 a barrel. WTI was up 67 cents, or 1%, to $66.36 a barrel.

NOV reported first quarter 2021 revenues of $1.25 billion, a decrease of six percent compared to the fourth quarter of 2020 and a decrease of 34 percent compared to the first quarter of 2020.

Santos and Eni have signed a Memorandum of Understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.

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.

South Korea is expected to allocate 4 GW of solar capacity 2021 across two tenders. The second tender should take place in October 2021.

ACWA Power has signed an implementation agreement with the Ministry of Investments and Foreign Trade and the Ministry of Energy of Uzbekistan to build a 1.5 GW wind project in Karakalpakstan, in western Uzbekistan.

ПAO «НОВАТЭК» опубликовало консолидированную промежуточную сокращенную финансовую отчетность за три месяца, закончившихся 31 марта 2021 г., подготовленную в соответствии с Международными стандартами финансовой отчетности (МСФО).

Средняя цена на нефть марки Urals в январе-апреле 2021 года сложилась в размере $60,47 за баррель, в январе-апреле 2020 года - $41,04 за баррель.