August 2020

The worldwide rig count for July 2020 was 1,030, down 43 from the 1,073 counted in June 2020,

U.S. Rig Count is down 4 from last week at 247, Canada Rig Count is up 2 rigs from last week to 47

Brent fell 31 cents, or 0.7%, to $44.78, WTI slipped 39 cents, or 0.9%, to $41.56.

Europe’s headlong rush to replace natural gas with clean hydrogen has prompted a strategic rethink at Gazprom, Russia’s state gas company that holds the monopoly over Russian pipeline gas exports.

The phase-out of coal-fired power generation in Germany is to be completed by 2038 at the latest

По состоянию на 1 августа 2020 г. объем ФНБ составил 12 958 678,3 млн. рублей, что эквивалентно 176 637,1 млн. долл. США,

China's crude oil imports fell 6.7% to 12.13 million b/d in July from a record high 12.99 million b/d in June

In 2019, Iraq’s crude oil production averaged 4.7 mb/d.

Many scientists and engineers expect wind turbines to generate at least half of our power by 2050.

Spanish energy group Iberdrola has taken over Australian renewable producer Infigen Energy