May 2020
![May 2020](/cache/05-20/transcanada-28.3c2a1f6d.jpg)
2020, May, 26, 10:15:00
TC ENERGY SELLS $2.1 BLN
TC Energy Corporation has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project
![May 2020](/cache/05-20/price-440.2bd38291.png)
2020, May, 25, 12:50:00
OIL PRICE: NEAR $35 ANEW
Brent was up 6 cents, or 0.2%, at $35.19 a barrel, WTI had gained 27 cents, or 0.82%, at $33.52 a barrel.
![May 2020](/cache/05-20/price-435.9873ca9c.jpg)
2020, May, 25, 12:45:00
U.S. ENERGY MARKET DOWN
Oil markets are being significantly disrupted due to global market dynamics and the coronavirus pandemic, the oil price crash was "causing financial and credit challenges, including oil company bankruptcies."
![May 2020](/cache/05-20/germany-38.357dbf6e.jpg)
2020, May, 25, 12:40:00
GERMANY ECONOMY RECESSION
Germany's capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1%
![May 2020](/cache/05-20/price-438.b6d0f827.jpg)
2020, May, 25, 12:35:00
RUSSIA'S OIL SUPPORT
Putin ordered ministers to work out “special rates” that pipeline operator Transneft PJSC and Russian Railways JSC will charge for transporting crude and petroleum products
![May 2020](/cache/05-20/venezuela-86.1674575f.jpg)
2020, May, 25, 12:30:00
IRAN'S FUEL FOR VENEZUELA
The desperately needed shipments have caused a diplomatic standoff between the United States and Iran and Venezuela, which are under U.S. sanctions.
![May 2020](/cache/05-20/australia-75.afcea8c6.jpg)
2020, May, 25, 12:25:00
AUSTRALIA'S SHARES UP ANEW
Buy-now-pay-later firm Afterpay starred again as it jumped 9% to a record high and helped the benchmark S&P/ASX 200 end 2.2% higher at 5,615.6.
![May 2020](/cache/05-20/nuclear-292.561f3330.jpg)
2020, May, 25, 12:20:00
RUSSIA'S FLOATING NUCLEAR
The floating nuclear power plant (FNPP) Akademik Lomonosov has been fully commissioned in Pevek,
![May 2020](/cache/05-20/usa-178.19bcefed.jpg)
2020, May, 25, 12:15:00
U.S. RIGS DOWN 21 TO 318
U.S. Rig Count is down 21 rigs from last week to 318, Canada Rig Count is down 2 rigs from last week to 21
![May 2020](/cache/05-20/price-434.3e3bd3c4.jpg)
2020, May, 22, 13:25:00
OIL PRICE: ABOVE $34
Brent dropped $1.96, or 5.4%, to $34.10 a barrel, WTI declined by $2.41, or 7.1%, to $31.51.