Stocks have rallied since the start of last week but remain down more than 20% for the quarter.

Pakistan has long-term contracts for the import of eight LNG cargoes per month on a take-or-pay basis, and out of these five are from Qatar, a government spokesman said, adding that the Qatari volumes had been reduced to three cargoes for April through mutual discussion, without invoking any force majeure.

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

As for last year's production volumes, we produced 500.1 billion cubic meters of gas and exported 199.3 billion cubic meters. The latter figure is slightly lower than in 2018, which was marked by a record 201.8 billion cubic meters. We also preserved our share in the European market at 35.6 per cent.

Rosneft entered into an agreement with a company 100%-owned by the Russian government on the sale of shares and termination of its participation in all projects in Venezuela,

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54

Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.

U.S. primary energy consumption totaled 100 quadrillion Btu, a 1% decrease from 2018. Natural gas consumption increased 3%, renewable energy consumption and nuclear electric power consumption each increased less than 1%, petroleum consumption decreased less than 1%, and coal consumption decreased 14%.

OMV, which currently owns a 36 percent stake in Borealis, will acquire an additional 39 percent from Mubadala. The transaction value amounts to $4.68 billion and represents the biggest acquisition in OMV’s history and the largest transaction ever for Mubadala.

European gas stock levels for both January and February 2020 were the highest ever recorded for those months.

Significant volumes of Russian gas currently are transited to Germany via Poland, which are a key revenue generator for the country.

CNOOC total net profit rising significantly to RMB61.05 billion, an increase of 15.9% YoY, despite more than 10% drop in international oil prices.

Santos notes the announcement from S&P Global Ratings (S&P) reaffirming Santos’ BBB- credit rating with stable outlook.

Today, we are announcing that we have embarked on a series of operational and financial initiatives that are expected to result in: reduction of underlying operating costs by $3-4 billion per annum over the next 12 months compared to 2019 levels; reduction of cash capital expenditure to $20 billion or below for 2020 from a planned level of around $25 billion; and material reductions in working capital.

Демонстрируя приверженность к достижению Целей устойчивого развития ООН «Роснефть» реализует комплексную программу мер, направленных на сохранение и восстановление лесов. Дочерними обществами Компании в 2019 году было высажено около 1 миллиона саженцев.