Russia–Africa Forum Participants Address Natural Resources

On the Roscongress Foundation portal ‘Anticrisis Plan. Global Best Practices’ and in the ROSCONGRESS.ORG Information and Analytical System a report has been posted on the impact of the COVID-19 coronavirus pandemic on the economies of African countries.

Drawing on insights from leading industry experts, the report by the World Energy Council (WEC) looks at key issues and action priorities of the energy industry in 2020.

Accenture experts conducted a large-scale study of the prospects for achieving the goals set in the Paris Climate Agreement, highlighting the role of the energy sector in achieving them.

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.