Gas power is the most economic dispatchable source of electricity in America today.

Russia has prioritised the development of LNG for export and the project may help the country reach its goal of producing 120 to 130 million tonnes of LNG a year in the next decade and raise its share in the global LNG market to up to 20% from around 6% in 2018, based on government data.

Energy demand will fall 6% in 2020 – seven times the decline after the 2008 global financial crisis

The bearish near-term outlook for the industry has forced many companies to reassess their forward expenditure. To date, more than US$85bn has been cut from over 100 companies across the industry.

The supplies were the lowest since October last year when Norway delivered just 7.39 Bcm to the UK and Continental Europe.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019.

The worldwide rig count for April 2020 was 1,514, down 450 from the 1,964 counted in March 2020

U.S. Rig Count is down 57 rigs from last week to 408, Canada Rig Count is up 1 rig from last week to 27

Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2019 amounted to RUB 1,202,887 million which is by RUB 253,383 million, or 17 %, less than for the year ended December 31, 2018.

On Thursday April 30, 2020 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc released its first quarter results and first interim dividend announcement for 2020.

In the first quarter 2020, we recorded a loss attributable to shareholders of PAO NOVATEK in the amount of RR 30.7 billion (RR 10.20 per share) as compared to a profit of RR 381.8 billion in the corresponding period in 2019.

In 2019 energy production exceeded energy consumption in the United States on an annual basis,

LNG output jumped by the largest increment ever, 40.9mn t, and grew by the fastest annual rate since 2010, 13pc.

Jiangsu is China’s biggest provincial gas market with consumption growing by 6.3pc in 2019 to 28.7bn m³

"Due to the low LNG prices in 2019, and into 2020 amid a global LNG supply surplus and uncertainties in the trade environment, some of the proposed projects are seeing slower progress towards FID," the report said. "With the additional effect of COVID-19 on stock markets, many companies, including those in the energy industry, are struggling financially, further delaying progress of projects."