Baker Hughes has approved a plan that will result in restructuring, impairment, and other charges of approximately $1.8 billion

Podcast/Audio - COVID-19 and the considerable impacts both positive and negative that it will have on the world of Energy

In the first quarter 2020, NOVATEK’s hydrocarbon production totaled 150.2 million barrels of oil equivalent

U.S. Rig Count is down 62 rigs from last week to 602, Canada Rig Count is down 6 rigs from last week to 35

"At the same time, the industry has announced and initiated a number of measures, and we can already see that this is affecting activity on the Norwegian shelf. Substantial cost cuts have been announced, reducing both exploration activity, investments and operating costs moving forward," says Director General Ingrid Sølvberg.

Brent crude oil prices averaged $32/barrel (b) in March, a decrease of $24/b from the average in February and the lowest monthly average since January 2016.

ExxonMobil capital investments for 2020 are now expected to be about $23 billion, down from the previously announced $33 billion.

Front-month gas futures for May delivery on the New York Mercantile Exchange rose 11.0 cents, or 6.8%, to settle at $1.731 per million British thermal units.

Four LNG tankers are currently enroute to China after loading cargoes last month in the United States,

Таким образом, совокупный объем средств, направляемых на продажу иностранной валюты, составляет -77,8 млрд руб.

Александр Новак подчеркнул, что Энергетическая стратегия является основополагающим документом в сфере энергетики, ее положения будут детализированы и конкретизированы в плане реализации на среднесрочный период, генеральных схемах развития отраслей ТЭК и в других документах стратегического и перспективного планирования в сфере энергетики.

The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.

U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41

Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years,

The preliminary level for dry natural gas production in January 2020 was 2,930 billion cubic feet (Bcf), or 94.5 Bcf/d. This level was 5.9 Bcf/d (6.7%) higher than the January 2019 level of 88.6 Bcf/d.