Production and Use of LNG in the Arctic. Key Quotes

COVID-19 has created a demand shock in the oil market as social distancing reduces movement and daily travel for more and more of us each day. At present, most of the reporting agencies expect oil demand growth this year to be largely flat, well below the 1.2 million barrels/day (mmb/d) expected just a few months ago. And this demand growth forecast will likely be revised down further as large gatherings are cancelled, schools shut their doors, and companies implement policies to encourage or mandate working from home.

The first meeting of the Arctic Council’s Sustainable Development Working Group (SDWG), chaired by Russia, took place from 26–28 October in a hybrid format in Moscow. The event was hosted by the Roscongress Foundation.

A study by SKOLKOVO Moscow School of Management presents various aspects of the coronavirus impact on the fuel and energy sector (FES) industries, and formulates some prospects for the further FES development.

Rechargeable battery metals market: 2022 forecast made by Analytical Credit Rating Agency (ACRA).