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Articles with tag "Energy"
Energy Wars
‘Our Product, Our Rules,’ Says Russia’s Gazprom Chief
Russian energy giant Gazprom said Moscow will play by its own rules after cutting daily gas supplies to Germany.
windfall profits
Russia Earned $100B From Energy Exports in 100 Days of War – Research
The revenue is nearly four times what Russia spent on its military in January-April.
Economic sanctions
Russian Commodities Exports Down in March
EU sanctions are making a dent on key markets — but Russia's energy exports remain steady.
new clientele
Russia To Seek Alternative To European Energy Market – Putin
Russia has faced unprecedented sanctions since invading Ukraine, including embargoes on its energy exports.
Freeze-out
Russia Running Out of Oil Customers
The price might be working in Russia's favor, but it faces a major freeze-out from buyers.
new job title
Ex French PM Fillon Joins Russian Company Board
A number of former senior European politicians have joined Russian energy companies in the past.
Price 'super cycle'
Russia’s Rosneft Reports Profits Boost Amid Surging Energy Prices
The company has returned to profit this year as oil prices have rebounded following a dismal 2020 for the industry and global economy due to the pandemic...
price tag
Russia’s Green Energy Transition Will Cost $1.2T – Kremlin Economic Aide
Transitioning away from fossil fuels will cost under 3% of Russia's GDP, First Deputy Prime Minister Andrei Belousov says.
'critical situation'
Moldova Declares State of Emergency Over Gas Crisis
Officials said Russia hiked prices above what people could afford and is not providing the required volumes of natural gas.
'avalanche-like increase'
Siberia Sounds Electricity Alarm Over China’s Crypto Crackdown
The Irkutsk region is seeing an influx of Bitcoin mining from nearby China, where virtual currencies are illegal, thanks to its cheap energy costs.
in the red
Russia Faces Huge Revenue Losses From Renewables Push, Finance Minister Warns
Russia is the world’s top energy exporter and its economy is heavily dependent on oil and gas.
Net-Zero Region
Russia Seeks to Transform Far North Region Into ‘Carbon-Free Zone’
State corporation Rusnano seeks to test sustainable technologies and systems in Murmansk that can later be expanded nationwide.
ENERGY WEALTH
Russia’s Oil Reserves Will Last Through 2080 – Government
Country also has a century of gas deposits under its soil, but unclear how much will be profitable to extract.
Green Cuts
Russia to Slash Green Energy Funding by 22% – Kommersant
Renewables investors are raising the alarm over the cuts, saying they could monopolize the market.
deep freeze
Non-Renewable Energy Saved Texas' Frozen Wind Turbines, Putin Says
“They had to use methods that are a far cry from environmental protection to warm the windmills up,” the longtime green energy critic said.
Arctic energy
Investor Breathes New Life Into Major Arctic Coal Project
Russia plans to boost its domestic coal output by up to 50%, with the Arctic region playing a key role in these plans.
COMPLETELY UNPREPARED
Russia’s Coronavirus Recovery Plan Has No Space for Renewables
Without hydropower, just 0.16% of Russia’s electricity comes from renewable sources.
hot commodities
Russian Energy Exports to U.S. Set 8-Year Record in October
Russia ramped up its oil and petroleum sales to the U.S. after Washington imposed sanctions on Venezuela last year.
Barred from business
$740Bln U.S. Defense Bill Targets Russian Pipelines
The NDAA also calls for sanctions on Turkey over its purchase of a Russian S-400 missile defense system.
Stone age
Putin Says Zero-Carbon Energy Will ‘Send Us Baсk to Caves’
The Russian president says civilization needs to consume hydrocarbons, nuclear energy and hydropower to survive.
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