May 2020

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.

Brent dropped 56 cents, or 1.9%, to $29.42 a barrel, WTI fell 23 cents, or 0.9%, to $25.55

China generates more electricity than Europe and the USA combined and China will double again in twenty years.

Brent crude oil prices will average $34/b in 2020, Brent prices will rise to an average of $48/b in 2021

Supplies to China continue at around 9 million cu m/d through the landmark pipeline -- the first direct link for Russian gas to reach China by pipeline.

Even before the pandemic, India’s growth was slowing and public finances were strained because of poor tax collection and higher spending.

The Nord Stream 2 operating company has declined to give any guidance on the schedule for completing the pipeline, saying only that it was "actively looking for solutions" to finish the pipelaying work.

Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета, связанный с превышением базовой цены на нефть над фактически сложившейся ценой, прогнозируется в мае 2020 года в размере - 190,1 млрд руб.

Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.

A combination of nickel, chromium, cobalt and molybdenum, Alloy 617 can be used in tomorrow’s advanced nuclear plants because it allows higher temperature operation.