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.

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.

Total global oil demand is now assumed at 99.73 mb/d in 2020, with 2H20 forecast to see higher consumption than 1H20. Considering the latest developments, downward risks currently outweigh any positive indicators and suggest further likely downward revisions in oil demand growth, should the current status persist.

Net income attributable to Rosneft shareholders $10.9 bln

Based on more than 7,500 survey responses from consumers in the U.S. and Canada throughout 2019, here are three themes on the needs of today's energy consumers:

Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced today that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF), a subsidiary of PBF Energy, Inc., in exchange for $1.2 billion which includes the refinery and inventory.

The price of gas on the wholesale market decreased from €23.2/MWh in 2018 to €13.6/MWh in 2019 (-41%).

China Dec crude oil throughput up 13.6% y/y at 58.51 million tonnes

U.S. natural gas exports reached new highs in 2019, driven by LNG exports.

Shell oil production is expected to be between 2,775 and 2,825 thousand barrels of oil equivalent per day

Technology continues to grow in its importance in all industries, including the utility sector. Utilities face special challenges as they try to meet increasing demands from customers, regulators, and a market that’s becoming increasingly diverse.