India's LNG demand for power generation has been robust this year as power plants looked to capitalize on record low LNG prices, helping boost margins at prevailing electricity prices.

The energy market is rapidly changing. In the past several years, power grids have transformed from a few well-controlled generating units to multiple distributed energy resources connected to a vast system managed by increasingly digital solutions.

The People’s Committee of Haiphong (Vietnam) has approved ExxonMobil’s 6 Mt/year LNG import terminal and 2,250 MW gas-fired power plant projects, which would require an investment of US$5.1bn.

The Danish Energy Agency granted the permit on Thursday almost a year after the application was submitted.

U.S. commercial crude oil inventories decreased by 2.0 million barrels to 492.4 million barrels

Japan's the August crude imports, however, were down 23.9% from a year earlier and marked the lowest level in 32 years for the month,

Nord Stream 2 would double the capacity of the gas corridor via the Baltic Sea to Germany to 110 Bcm/year and would reduce the need for Russia to use Ukraine as a transit country for gas supply to Europe.

China LNG imports are set to hit a record 65-67 million tonnes this year

Russia’s crude oil export in January-July 2020 was down 4.2% year-on-year to 143.2 mn tons. In terms of value, crude oil export decreased by 36.6% year-on-year making $43.9 bn.

U.S. commercial crude oil inventories decreased by 1.6 million barrels to 494.4 million barrels,

Despite a decline since the record monthly high of 3.7 million b/d in February, U.S. crude oil exports averaged 3.2 million b/d in the first half of 2020, up from 2.9 million b/d in the first half of 2019.

the construction of a proposed $43.4 billion Alaska liquefied natural gas (LNG) export project

Woodside, Santos and Oil Search put their expansion plans on ice when oil prices collapsed in March.

2021 world oil demand is now forecast to grow by 6.6 mb/d, some 0.4 mb/d lower compared with the previous month’s assessment to average 96.9 mb/d.

Gas deliveries to the five other major US liquefaction terminals besides Cameron LNG totaled 8.04 Bcf/d