2020

Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,

The plant’s projected cost of $6.1 billion has risen from $3.6 billion in 2017

ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) announced that they have entered into a definitive agreement to combine companies in an all-stock transaction.

Brent was down 30 cents, or 0.7%, to $42.63 a barrel, WTI was down 28 cents, or 0.7%, at $40.60.

"We see oil demand peaking in around 2040 as a result of a slowing economy, together with less fuel demand for cars, aircraft and ships."

Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2020 года составила $40,57909 за баррель, или $296,2 за тонну.

US oil production is unlikely to return to a pre-pandemic peak of more than 13 million b/d,

With positive spreads between the US Henry Hub price and end-user markets, the ramp-up in terminal utilization should gain steam in the near-term, in a bullish sign for overall demand for US LNG.

The EU-27 is projected to reach a share of renewable energy between 22.8% and 23.1% in gross final energy consumption in 2020.

Japan's Minister of Economy, Trade and Industry Hiroshi Kajiyama, the host of the conference, said that there was a growing global consensus that hydrogen would be essential for decarbonization, citing increased numbers of hydrogen strategy roadmaps being announced by the major global economies.