renewable energy in the United States could exceed coal on an annual basis for the first time this year,

The high-cost Canadian oil industry is being hammered by the dual effects of Covid-19 and the fallout from unconstrained supply.

In 2019, Saudi Aramco produced 13.2 mmboed, including 9.9 mmbpd of crude oil (including blended condensate and excluding the Kingdom of Bahrain’s share of volumes produced from Abu Sa’fah field).

U.S. Rig Count is down 34 rigs from last week to 374, Canada Rig Count is down 1 rig from last week to 26

Brent was up by 87 cents, or 3%, at $30.33 a barrel, WTI gained $1.12, or 4.8%, to $24.67 a barrel

The Dow Jones Industrial Average .DJI rose 211.25 points, or 0.89%, to 23,875.89, the S&P 500 gained 32.77 points, or 1.15%, to 2,881.19, and the Nasdaq Composite .IXIC added 125.27 points, or 1.41%, to 8,979.66,.

The German government expects the economy, which has traditionally been dependent on exports, is expected to shrink by a post-World War Two record of 6.3% despite a massive rescue package of 750 billion euros to cushion the impact of the pandemic.

The S&P/ASX 200 index settled 0.5% higher at 5,391.1. The benchmark climbed nearly 3% this week, its biggest weekly rise since April 10.

The Turkish lira has lost some 18% this year under pressure from the novel coronavirus, which has killed 3,641 people in Turkey.

Solar power was responsible for 3.6% of the India’s overall power production in fiscal 2019/20,

Shell and Eneco are participating in the tender for Hollandse Kust (noord) through their joint venture CrossWind.

The Saint-Brieuc wind farm will be constructed some 16 kilometres (9.94 miles) off the coast of Brittany. It will be equipped with 62 units of 8-MW turbines supplied by Siemens Gamesa Renewable Energy SA (BME:SGRE).

Brent was down by 24 cents, or 0.8%, to $29.48 a barrel, WTI was down by 24 cents, or 0.8%, to $29.48 a barrel

Энергетическое взаимодействие России и Индии осуществляется в стабильном и интенсивном режиме, отметил Александр Новак в ходе разговора.

Россия уверена в сохранении высокой дисциплины стран-участниц нового соглашения стран ОПЕК+, так как работает важный фактор влияния - понимание наступления, в отсутствие действий, неминуемого коллапса рынка, в котором не заинтересован никто, отметил Павел Сорокин. Если же все страны будут сокращать добычу согласованно, то значительное снижение товарных запасов может начаться в III квартале 2020 года.