#Oil demand in March & April could be down by 10 million bbl/d ... "The last time that there was a global surplus of this magnitude was never" -- Jim Burkhard, VP & head of oil markets for IHS Markit spglobal.com/marketintellig…

S&P Global economists forecast global #recession in 2020, with GDP rising 1.0%-1.5%. They see the U.S. posting marginally negative growth in the first quarter, with the big hit coming in Q2 before recovery in the second half. #economy #coronavirus spglobal.com/ratings/en/res…

Exxon could slash 2020 #capex by up to 20% as #crudeoil prices collapse via Market Intelligence: Energy $XOM #OOTT spglobal.com/marketintellig…

Brent #crude futures hit 16-year low below $27.00/b. ⚠️ Full story: plts.co/AKdA50yOWCJ #COVID19 #OOTT #oil

Halliburton to furlough 3,500 workers at Houston campus for 60 days to "best position our company in the current environment" $HAL spglobal.com/marketintellig…

Independent #crude #oil & #natgas producers facing increased chance of debt default or bankruptcy as their stock prices tank #OOTT spglobal.com/marketintellig…

Worst on record: Crude prices, oil and gas indexes tank at unprecedented pace spglobal.com/marketintellig…

From S&P Global Market Intelligence: #Coronavirus #COVID19 slows gas ban momentum, creates obstacles for pipeline opponents: ow.ly/hl0F50yUutY

Drillers in the Permian are now facing a situation once thought unimaginable: no where to put their oil. "Concerns are mounting that the U.S. soon may not have enough oil storage to absorb a collapse in demand caused by the coronavirus pandemic." ow.ly/Yd2250z6Qp6

Biggest takeaway from EIA report: Gasoline demand flirted with 5-million b/d and it will slip below that number. Refinery runs at 75.6% are still at least 10% too high.

Offshore oil producers eye shut-ins to weather different kind of storm spglobal.com/marketintellig…

Offshore drillers are being hardest hit among the oil and gas services sector due to higher E&P breakeven costs, greater weather-related risks. Read more: ow.ly/jXmF50Bsrnx

Excellent article from our #oil and #natgas reporter Bill Holland on why this time could be different for the boom-and-bust cycle of crude oil. "Are you the Netflix that survives or the Blockbuster that goes out of business?" #OOTT

.S&P Global has agreed to merge with IHS Markit now S&P Global with a purpose to serve a broader set of customer needs and shape the markets of the future. Check out our press release to learn more: ow.ly/oUEM50CxVqL Disclaimer: ow.ly/r5GC50CxVqM

Shale gas stocks boomed in 2020 as oil got crushed. Bill Holland has the details and an outlook for 2021. spglobal.com/marketintellig…

From the price of #renewablepower to the cost of electrolyzers, my 1st blog for Guidehouse Insights details the steps needed to make #greenhydrogen more competitive | lnkd.in/gE2fzXeh

Our latest white paper explores #ammonia as an affordable, readily accessible and storable #zerocarbon fuel in the #transportation sector & beyond Explore the newest innovations & opportunities: amogy.co/white-paper Kudos to Amogy & @WeAreGHInsights for the great work!

Looking forward to seeing everyone at the #RNGWorks Technical Workshop program and Trade Expo next week to discuss sustainable development, deployment, and utilization of renewable natural gas. Join us: guidehou.se/3C4Icxc #CleanEnergy #Sustainability

Next Wednesday March 22 at 11:00 am ET, I will participate at Ata Turk Insights #workshop “Scaling-up Electrolysis Technologies for Electrolytic Hydrogen Production” where we will discuss whether electrolyzer manufacturing can expand fast enough. Free to join: bit.ly/WorkshopElectr…