The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.

China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020 and the share of renewables (excluding hydro) is expected to reach 10.8%.

Spending is also expected to be largely flat in 2021, landing only marginally higher than 2020 at $386 billion. Before the Covid-19 pandemic, expected total upstream investment would maintain last year’s levels, both in 2020 and 2021.

Japan's TEPCO intends to invest JPY1,000-2,000bn (US$9.3-18.6bn) to develop 6 to 7 GW of offshore wind and hydropower capacity by 2035.

The United States invested $55.5 billion in 2019, up 28% from the year before

The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.

Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.

Israel's government proposed to invest ILS6.5bn (US$1.9bn) to instal of 2 GW of additional solar power capacity.

In 2017, Peru set a target of 100% rural electrification by 2021, requiring new transmission lines.

Since the COVID-19 crisis began, the PIF has spent $7.7 billion amassing a portfolio of shake stakes in some of the best-known corporate brand names in the world, including Boeing, Disney, Facebook and Marriott International.