Energetics

A thousand cubic metres of LNG is sold in Asia for about $75, a lot less than needed to keep the production profitable.

New anti-trust legislation policies and sanctions have led to the situation when supply volumes of Russian pipeline gas have almost reached their limits. Is there a way to turn the situation around?

Where are Israeli hydrocarbon reserves coming from?

This year, green energy sources is one of the hottest topics. Bold statements made by activists, globally held large-scale campaigns and numerous discussions are shaping the world today, with UK not being an exception. The country is moving swiftly towards closure of coal-fire plants, and the London Stock Exchange now expects companies listed on the LSE to adhere to new principles of environmental safety and encourages them to adopt green and sustainable business models.

Russian and German scientists are planning to work together on improvement of the technologies of hydrogen production, storage and transportation, as well as on the issue of its subsequent generation into electricity. Will this gas become the future of the energy industry?

As stated by Mario Mehren, the CEO of a German-based Wintershall Dea, before the end of the year the companies participating in the Nord Stream 2 project are likely to receive permission from Denmark to build a gas pipeline in its territorial waters.

More than 1300 young oil-industry workers from sixty-two countries came to St. Petersburg to participate in the Youth Forum of the World Petroleum Council. During this week, young specialists exchange experiences with each other and meet the industry leaders.

Kirill Molodtsov, the Assistant Head of the RF President’s Administration, who is on a working visit to St. Petersburg, gave his comments on why the Youth forum of the World Petroleum Council has been so greatly supported by our country’s leaders.

The largest Central European oil and gas company supports an idea that cooperation in the science and technology is the key to prosperous life in the future.

What kind of profit is it possible to generate by increasing the oil recovery rate? Are there developments in Russia that could help us create breakthrough technologies?