Unlike the Arctic, which is open to hydrocarbon exploration, the Antarctic's mineral resources, including oil and gas, are protected by amendments to the 1959 Antarctic Treaty, to which Russia is a signatory.

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

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.

European natural gas storage levels are 48% higher than the five-year (2015–19) average for February, largely a result of unseasonably warm weather in recent months and higher-than-average imports in 2019.

Объем накопленных инвестиций Германии в Россию за последние 4 года увеличился в 1,5 раза и превысил 20 млрд долларов.

Norway's Preliminary production figures for January 2020 show an average daily production of 1 963 000 barrels of oil, NGL and condensate

Petrobras highlights of the 2019 result: - Adjusted EBITDA was US$ 32.7billion, an increase of 3.8% in relation to 2018, due to lower production costs and lower contingencies. - Net income reached US$ 10.2 billion, mainly reflecting gains with asset sales. - The adjusted net debt / LTM Adjusted EBITDA ratio increased to 2.41x, applying the effects of IFRS 16, from 2.20x in 2018. Once these effects were eliminated, the index would have been 1.95x. - The remuneration to shareholders in the form of dividends and interest on capital was R$ 10.6 billion, equivalent to R$ 0.73 per common andR$ 0.92 per preferred share in circulation.

Santos has delivered strong financial results with EBITDAX1 up 14% to a record US$2.5 billion and free cash flow1 up 13% to over US$1.1 billion. Reported net profitafter tax increased by 7% to US$674 million.

Profit attributable to shareholders of PAO NOVATEK increased to RR 865.5 billion (RR 287.39 per share), or 5.3 times, as compared to 2018.

EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.

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 .

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

Weaker-than-expected LNG demand, relatively mild winter weather, the coronavirus outbreak and Chinese tariffs have made the situation worse.

EDF net income - Group share amounted to €5,155 million at the end 2019, driven in particular by the improvement in the financial result.