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.

Brent were down 2%, or 71 cents at $34.03 per barrel, WTI were down 3%, or 98 cents, at $31.83 a barrel

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

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

The Brazilian government has approved a BRL15.6bn (US$2.9bn) loan to support the Brazilian power sector

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

Denmark's energy islands are an important part of climate action plan

To change the current paradigm, the industry will need to dig deep and tap its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those that use this crisis to boldly reposition their portfolios and transform their operating models. Companies that don’t will restructure or inevitably atrophy.

The $300 billion Public Investment Fund bought stakes in global corporate leaders such as Boeing, Facebook, Disney, Marriott and Starbucks. It also invested in two big US banks, Citigroup and Bank of America, and took holdings in oil giants BP, Total and Royal Dutch Shell.

"It is a fact that nuclear power plants require large upfront investments, compared to other sources of energy,"

The new China's project for receiving imported liquefied natural gas (LNG)

A new programme launched today by the US Department of Energy (DOE) will provide USD160 million initial funding

"С учетом драматического состояния в целом глобального нефтяного рынка и в связи с принятыми решениями о сокращении добычи нам придется, конечно, часть капитальных затрат оптимизировать. Мы постараемся сохранить нашу инвестпрограмму на уровне 750 миллиардов примерно",- отметил Сечин. Оптимизация необходима для того, чтобы сохранить финансово-экономическую стабильность для компании, сказал он.

Shell announced that all conditions for its Final Investment Decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met.

Shell and Eneco are participating in the tender for Hollandse Kust (noord) through their joint venture CrossWind.