April 2020

the global HVDC transmission market would have a compound annual growth rate of 7.2 percent from 2018 to 2025,

U.S. Utilities are accustomed to dealing with storm restoration and routinely handling crisis management, but COVID-19 is bringing new challenges for Utilities in a different way.

The original agreement provided for Hilcorp to pay $4.0 billion near-term and $1.6 billion through an earnout thereafter.

U.S. Rig Count is down 64 rigs from last week to 465, Canada Rig Count is down 4 rigs from last week to 26

Brent was down 73 cents, or 3.42%, at $20.60 per barrel, WTI fell by 84 cents, or 5.09%, to $15.66 a barrel

Energy prices overall (which also include natural gas and coal) are expected to average 40 percent lower in 2020 but see a sizeable rebound in 2021.

the State of Kuwait sensing a responsibility for responding to market conditions has already decreased some of its supplies to the international markets,

“As of today, in the European Union, we’re on course for a 5% to 10% (recession), meaning it’s about 7.5%. But that is today, and if things don’t improve and if we have a second peak (of the outbreak), things could get worse”, Breton said.

EBRD shareholders agreed to a comprehensive series of response and recovery measures that strengthen the Bank’s Solidarity Package , which was first unveiled on 13 March. The Bank now stands ready to provide support worth €21 billion over the 2020-21 period.

the euro weakened after a European Union meeting on Thursday to build a trillion euro emergency fund