Crude oil throughput at China's domestic refineries further recovered to 13.69 million b/d

Once considered a bulwark against the forces of modernization, industry and technological change is pushing energy trading organizations to consider a number of strategic changes to their front, middle, and back office functions that optimally engage people and systems to navigate our VUCA world.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.7 million barrels from the previous week. At 538.1 million barrels, U.S. crude oil inventories are about 14% above the five year average for this time of year.

monthly Brent prices will average $37/b during the second half of 2020 and rise to an average of $48/b in 2021.

Gazprom and RusGazDobycha are implementing the project for a natural gas processing and liquefaction complex near the settlement of Ust-Luga,

The floating LNG storage and transshipment units will serve Novatek’s projects under development in Murmansk and Kamchatka

S.Korea aims to sharply increase production of hydrogen-powered vehicles and electricity generation by hydrogen, in an effort to use hydrogen as a major energy source for transportation and power generation.

Global LNG trade in 2019 amounted to 354.73 million mt, which was an increase of 13% from 2018 and the sixth year of consecutive growth,

In the first three months of 2020, Japan imported 44.8 million tons of coal, which increased by 3.4% in comparison to 43.3 million tons imported in the first quarter of 2019.

The foundation of AI is data and, based on the huge amount of it that utilities collect about customers, they’re well-positioned to deploy AI to improve customer care.

The typical customer only interacts with a utility intermittently, sometimes not at all for a year or two and typically only when there is a problem.

In 2017, Peru set a target of 100% rural electrification by 2021, requiring new transmission lines.

There is a lot of opportunity for natural gas and LNG to make more of an impact on the global energy mix.

It is clear the Chinese, Russians, North Koreans, Iranians, etc. have been actively trying to hack into the US grid

Natural gas deliveries to U.S. LNG export facilities decline to the lowest level since October 2019