U.S. electricity generation from renewable sources such as wind and solar to surpass nuclear and coal by 2021 and to surpass natural gas in 2045.

Turkey's total gas consumption decreased by 15.8% to approximately 3.44 bcm in November 2019, from around 4.09 bcm in November 2018.

On January 22, 2020 the company completed the previous tranche of its share buyback programme. In aggregate between July 26, 2018 and January 22, 2020, the company repurchased 484,534,678 ordinary shares for an aggregate consideration of $14.75 billion (the ‘aggregate previous tranches’).

Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline.

U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.

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

Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.

The organic reserve replacement rate, excluding the effect from acquisitions and disposals, which mainly related to the disposal of 40% participation interest in Arctic LNG 2 project, amounted to 252%, with the addition of 1,487 million boe, inclusive of 2019 production.

U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244

The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.

The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.

global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.

Orders of $6.9 billion for the quarter, down 11% sequentially and up 1% year-over-year Revenue of $6.3 billion for the quarter, up 8% sequentially and up 1% year-over-year GAAP operating income of $331 million for the quarter, up 11% sequentially and down 13% year-over-year

Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .

Since US LNG exports from the Lower 48 began in February 2016, Europe has received 28.3 Bcm of gas equivalent,