India's distribution companies have accumulated significant late payments due to power generating companies

Reduced economic activity resulting from shelter-in-place restrictions due to COVID-19 drove significant near-term disruptions to energy markets in the month of April with U.S. petroleum demand falling nearly 27 percent to 14.2 million barrels per day (mb/d),

For 2019, world oil demand growth is kept broadly unchanged compared to last month’s assessment, estimated to have grown by 0.83 mb/d, y-o-y, to average 98.72 mb/d. In 2020, world oil demand growth is adjusted lower by 2.23 mb/d and is now forecast to drop by 9.07 mb/d.

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.

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.

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.

India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 532.2 million barrels, U.S. crude oil inventories are about 12% above the five year average for this time of year.

Russia has prioritised the development of LNG for export and the project may help the country reach its goal of producing 120 to 130 million tonnes of LNG a year in the next decade and raise its share in the global LNG market to up to 20% from around 6% in 2018, based on government data.

The supplies were the lowest since October last year when Norway delivered just 7.39 Bcm to the UK and Continental Europe.

Combined efforts can help inform risk mitigation activities and the development of new resources within the critical infrastructure community in the long run.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for first quarter 2020 of $1.15 billion or $1.22 per share compared to net income of $1.0 billion or $1.09 per share for the same period in 2019.

LNG output jumped by the largest increment ever, 40.9mn t, and grew by the fastest annual rate since 2010, 13pc.

Jiangsu is China’s biggest provincial gas market with consumption growing by 6.3pc in 2019 to 28.7bn m³

"Due to the low LNG prices in 2019, and into 2020 amid a global LNG supply surplus and uncertainties in the trade environment, some of the proposed projects are seeing slower progress towards FID," the report said. "With the additional effect of COVID-19 on stock markets, many companies, including those in the energy industry, are struggling financially, further delaying progress of projects."