U.S. domestic consumption of natural gas in 2020 will fall 3.4 billion cubic feet per day (Bcf/d)

To change the current paradigm, the industry will need to dig deep and tap its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those that use this crisis to boldly reposition their portfolios and transform their operating models. Companies that don’t will restructure or inevitably atrophy.

Reduced economic activity resulting from shelter-in-place restrictions due to COVID-19 drove significant near-term disruptions to energy markets in the month of April with U.S. petroleum demand falling nearly 27 percent to 14.2 million barrels per day (mb/d),

For 2019, world oil demand growth is kept broadly unchanged compared to last month’s assessment, estimated to have grown by 0.83 mb/d, y-o-y, to average 98.72 mb/d. In 2020, world oil demand growth is adjusted lower by 2.23 mb/d and is now forecast to drop by 9.07 mb/d.

Combined efforts can help inform risk mitigation activities and the development of new resources within the critical infrastructure community in the long run.

U.S. Utilities are accustomed to dealing with storm restoration and routinely handling crisis management, but COVID-19 is bringing new challenges for Utilities in a different way.

U.S. petroleum demand declined to 19.4 million barrels per day (mb/d) in March, which was a 4.6% decrease from February

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

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.

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.

A consortium led by circular carbon energy company Liquid Wind will produce liquid, carbon neutral fuel from captured carbon dioxide and green hydrogen at a new facility in Sweden.

U.S. Commercial crude stocks jumped 13.83 million barrels to 469.19 million barrels during the week

China's oil product consumption over the first two months of 2020 dropped 14.1% year on year to 41.94 million mt.

The US sanctioned five UAE companies

The US State Department named nine entities Wednesday under new sanctions for continuing to trade petrochemicals with Iran.