March 2020
![March 2020](/cache/03-20/HYDROGEN-11.d5305a1e.jpg)
2020, March, 25, 13:20:00
RUSSIA'S HYDROGEN FOR JAPAN
State-owned oil and gas major Gazprom announced on February 20 it is looking to produce hydrogen from natural gas.
![March 2020](/cache/03-20/CNOOC-7.59dbc22d.jpg)
2020, March, 25, 13:15:00
CNOOC NET PROFIT UP 16%
CNOOC total net profit rising significantly to RMB61.05 billion, an increase of 15.9% YoY, despite more than 10% drop in international oil prices.
![March 2020](/cache/03-20/SANTOS-13.61b8eabd.jpg)
2020, March, 25, 13:10:00
AUSTRALIA'S SANTOS RATING 'BBB-'
Santos notes the announcement from S&P Global Ratings (S&P) reaffirming Santos’ BBB- credit rating with stable outlook.
![March 2020](/cache/03-20/PRICE-243.9af92a0b.jpg)
2020, March, 24, 14:30:00
OIL PRICE: NEAR $28
Brent was up by $1.38 a barrel, or 5.1%, to $28.41, WTI gained $1.54, or 6.6%, to $24.90.
![March 2020](/cache/03-20/EUROPE-62.c2a42317.jpg)
2020, March, 24, 14:25:00
EUROPEAN SHARES UP
In a co-ordinated global effort to stabilize financial markets in one of the biggest routs on record, Germany launched a stimulus package of up to 750 billion euros, while the U.S. Federal Reserve took unprecedented steps to shore up credit across the economy.
![March 2020](/cache/03-20/PRICE-239.496906d0.jpg)
2020, March, 24, 14:20:00
U.S., SAUDI ARABIA #SANCTIONS
nine Republican senators asked the Department of Commerce to launch an anti-dumping case against Saudi Arabia following its price war with Russia.
![March 2020](/cache/03-20/KOREA-18.7bb7c851.jpg)
2020, March, 24, 14:15:00
S.KOREA'S RESCUE PACKAGE $80 BLN
South Korea on Tuesday doubled a planned economic rescue package to 100 trillion won ($80 billion) to save companies hit by the coronavirus and put a floor under crashing stocks and bond markets.
![March 2020](/cache/03-20/PRICE-241.9bc0cc10.jpg)
2020, March, 24, 14:10:00
ЦЕНА URALS: $47,274
Средняя цена на нефть Urals за период мониторинга с 15 февраля 2020 года по 14 марта 2020 года составила $ 47,274 за баррель,
![March 2020](/cache/03-20/SHELL-108.59e7c175.jpg)
2020, March, 24, 14:05:00
SHELL INVESTMENT DOWN TO $20 BLN
Today, we are announcing that we have embarked on a series of operational and financial initiatives that are expected to result in:
reduction of underlying operating costs by $3-4 billion per annum over the next 12 months compared to 2019 levels;
reduction of cash capital expenditure to $20 billion or below for 2020 from a planned level of around $25 billion; and
material reductions in working capital.
![March 2020](/cache/03-20/PRICE-237.a10e0790.jpg)
2020, March, 23, 13:50:00
OIL PRICE: NEAR $26
Brent fell 65 cents, or 2.4%, to $26.33 a barrel, WTI were up 29 cents, or 1.3%, at $22.92 a barrel,