TNK Trading International SA is scheduled to load 14.3 million barrels of Venezuelan crude in the first two months of 2020, compared with 5 million in all of 2019, according to shipping reports compiled by Bloomberg. That may offset any lost oil revenue for the Maduro administration, underscoring the difficulty of shutting Venezuela’s access to the global market.

Renewable electricity achieved a power-sector milestone in 2018, surpassing 20% (249 gigawatts [GW]) of U.S. total electricity generating capacity (1.2 terawatts [TW]) for the first time, according to the 2018 Renewable Energy Data BookPDF. Since 2009, renewable generation in the United States has increased by a factor of five.

"The fundamentals of our relationship are mostly based on defence, counter-terrorism and energy. These are strong pillars that need to be nurtured and maintained," Detroit-born Rakolta said.

U.S. Rig Count is up 1 rig from last week to 791, Canada Rig Count is down 11 rigs from last week to 244

The delegation of a dozen people representing the US industry and government was in India on 10-14 February to explore opportunities.

While Gazprom has said it’s looking at options to complete the pipeline, it hasn’t given any details on where it will find the ship to do the work. One of the pipeline’s financial backers, Austrian gas and oil company OMV AG, has predicted that the Russians will follow through.

Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in February from 9,157 to 9,175 thousand barrels/day, gas production to decrease 172 million cubic feet/day from 85,619 to 85,447 million cubic feet/day .

The US on Tuesday imposed sanctions on Rosneft Trading SA, the Geneva-based subsidiary of the Russian state oil company, for supporting Venezuela's oil sector by continuing to trade with sanctions-hit PDVSA

The sanctions announced by the U.S. Treasury Department against Rosneft’s subsidiary RTSA and its Chairman are illegal, unjustified, and an act of legal abuse.

This winter, U.S. natural gas prices have been at their lowest levels in decades.