Russia traditionally plays the role of a guarantor of national and global energy security. Being at the same time a large producer and exporter of all types of carbon energy resources, the domestic fuel and energy complex (FEC) makes a significant contribution to the national economy, providing about 30–40 % of federal budget revenues, the activity of other industries and helping to improve the quality of life of citizens of our country.
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This year, the Russian electric power industry is celebrating a landmark event – the 100th anniversary of the adoption of the State Electrification Plan (GOELRO), which has become a defining document for the industry for many decades to come. In those challenging years, our fellow specialists in energetics laid a solid foundation for the creation and successful development of the
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electricity
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Transformation of global economy and accelerated development of renewables as well as coronavirus pandemic and deep world economic crisis facilitate the appearance of new educational concepts especially in the field of business education.
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The article is devoted to the analysis of the state and development prospects of hydrogen energy in Russia. A brief history of the problem is given, the results achieved to date are shown. The main goals, directions and tasks of the action plan «Development of hydrogen energy in Russia until 2024», adopted in October 2020, are considered in detail. The
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Oil
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The article analyzes the consequences of the declared energy policy of the new US President Joe Biden for the oil shale industry. Despite the advancement of the Green Agenda, the policy of the new administration is unlikely to lead to a significant deterioration in the position of US shale producers on the horizon until 2030. The negative effects will be stronger in 2030–2050, but in the face of falling global oil demand, shale production will be in demand due to its flexibility and short investment cycle.
MoreThe article deals with the formation of the oil and gas industry in the east of Russia in the framework of
MoreThe article describes the main trends in the development of the oil and gas complex in Africa. The author analyzed the
MoreWe can already say that 2020 will go down in the history of oil industry alongside the crisis years of 1973 and
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Nowadays there are the gas pipelines with total capacity of 113.5 bcm in Europe that are at the active stage of construction or design. The projects geography is vast: from the polar latitudes of Norway to the Caspian Sea.
MoreOver the past decade, the global energy market has undergone dramatic changes. First of all, it ceased to be exclusively petroleum-based – extensive trade in liquefied natural gas (LNG) started, whose production, and most importantly – trading, has significantly expanded. Today, LNG turnover has exceeded 300 mln tons per year.
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Over the past fifteen years, Transneft has implemented a lot of major and strategic important investment projects, such as construction of the Eastern Siberia – Pacific Ocean or BPS‑2 oil-trunk pipelines. This has made it possible to create the conditions for growth in Russia’s crude-oil production from 320 mln tons in 2000 to 556 mln tons in 2018, and led to an increase in budget revenues. In the immediate future,
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Russia traditionally plays the role of a guarantor of national and global energy security. Being at the same time a large producer and exporter of all types of carbon energy resources, the domestic fuel and energy complex (FEC) makes a significant contribution to the national economy, providing about 30–40 % of federal budget revenues, the activity of other industries and helping to improve the quality of life of citizens of
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Over the past decade, the global energy market has undergone dramatic changes. First of all, it ceased to be exclusively petroleum-based –
Uncertainty is the key word characterizing the behavior of the world oil markets over the past several years. This uncertainty is associated
Over the past fifteen years, Transneft has implemented a lot of major and strategic important investment projects, such as construction of the
The Energy Ministry’s efforts to promote the fuel and energy complex and the sectors within it invariably focus on a number of
The global oil market environment is an important factor for macroeconomic, investment and geopolitical decisions. There is a widespread belief that oil