The desperately needed shipments have caused a diplomatic standoff between the United States and Iran and Venezuela, which are under U.S. sanctions.

The July cancellations, roughly double what was reported for June, represent nearly two-thirds the average volume of US LNG that was produced monthly when the coronavirus began to spread globally in January,

Global gas prices have plunged to record lows in the past weeks due to an oversupplied market and reduced demand due in part to the coronavirus pandemic.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.0 million barrels from the previous week. At 526.5 million barrels, U.S. crude oil inventories are about 10% above the five year average for this time of year.

Nord Stream 2 has until June 14 to appeal the BNetzA decision.

Asia's projects were meant to usher in the next wave of LNG demand, based off economic growth and electricity demand projections in the pre-COVID 19 era.

LNG developers have started relooking at their strategies and capex plans for 2020.

Gazprom will not renew a gas transit deal with Poland, which expires in May 2020.

Nigeria LNG took a major step forward by signing the EPC contract for its Train 7

To change the current paradigm, the industry will need to dig deep and tap its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those that use this crisis to boldly reposition their portfolios and transform their operating models. Companies that don’t will restructure or inevitably atrophy.

In November 2019, the German parliament modified the Energy Industry Act to transpose the European Gas Directive that was amended in April 2019.

The new China's project for receiving imported liquefied natural gas (LNG)

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.