The recent rebound in domestic oil and gas consumption may be difficult to sustain over the rest of the year, as recent data for the China's economy suggests an uneven and difficult road to recovery that could weigh on energy demand.

Natural gas deliveries to U.S. LNG export facilities decline to the lowest level since October 2019

Turkey imported 2.06 billion cubic meters of LNG in March

U.S. Rig Count is down 17 rigs from last week to 301, Canada Rig Count is down 1 rig from last week to 20

China energy intensity, which measures the amount of energy needed to generate one unit of GDP, decreased by 2.6% in 2019,

Chevron’s cuts equate to about 6,000 of its 45,000 non-gas station employees. It’s “streamlining our organizational structures to reflect the efficiencies and match projected activity levels,” the San Ramon, California-based company said Wednesday in a statement. “This is a difficult decision, and we do not make it lightly.”

Petronas plans to reduce its capital expenditures by 21% and its operating costs by 12% in 2020

Petronas Profit After Tax (PAT) for the quarter stood at RM4.5 billion, 68 per cent lower than the RM14.2 billion posted in the corresponding quarter in the previous year,

Santos today is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingent payment of US$200 million subject to a final investment decision (FID) on Barossa.

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

U.S. liquefied natural gas exports are down

In December 2019, Russia officially started to supply gas to China through the 3,000 km-long Power of Siberia gas pipeline project.

Chevron Corporation (NYSE: CVX) reported earnings of $3.6 billion ($1.93 per share - diluted) for first quarter 2020,

Говоря о ситуации на рынке нефти, глава Минэнерго России отметил, что с рынка уже ушло около 14-15 млн б/с нефти с учетом сделки ОПЕК+, а также падения добычи в других странах. Пока профицит составляет около 7-12 млн б/с, но Минэнерго России рассчитывает, что в июне-июле рынок сбалансируется благодаря росту потребления.

Qatar Petroleum maintains its plans to raise its domestic gas liquefaction capacity by 64%