The World Economic Forum has prepared a review about the energy transition, the impact of the COVID-19 pandemic, and how the current epidemic situation can affect progress in this area. According to the authors, the world’s energy transition has made slow and steady progress over the past five years, but the COVID-19 crisis risks derailing long-term progress. Recovery and the shifting global energy order can shape new opportunities for the sector.
Already grappling with a supply glut in liquefied natural gas (LNG), global gas companies face fresh challenges due to two seismic events: the COVID-19 pandemic and the global oil price shocks. Together, these developments are set to deepen and lengthen the current imbalance between supply and demand in LNG markets, leading to a lower-for-longer price environment. As a result, up to 8% of global LNG demand could be at risk (more than 25 million tonnes per annum, or MTPA) in the near term while the low-price environment could last another one to two years.
The publication by Yandex looks at the reactions of Yandex users to the COVID-19 problem. The publication provides statistics for web search queries with a breakdown by cities of Russia, and some other data such as the share of news about the coronavirus in the total number of news.
A study by consulting firm Arthur D. Little explores how energy companies can adapt to the mounting decarbonization agenda.
The Exhibition Scientific Research Center (VNITS) R&C, in cooperation with the Russian Convention Bureau, the Russian Union of Exhibitions and Fairs and the Union of Exhibition Developers with the support of the Roscongress Fund, has conducted a marketing study into the impact of the crisis caused by the COVID-19 coronavirus on development of the Russian event industry.
