Interview D.V. Manturov: We know how to build vessels, we understand how to do it

The sanctions imposed by the USA and other developed countries have confronted Russia with the fact that the critical areas of the economy, such as the oil and gas industry, require complete self-sufficiency and independence. The total amount of the government support in solution of the Russian oil-and-gas machine building development tasks until 2024 will be more than 30 billion rubles. As a result, Russia shall develop its own technologies for offshore

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A. NOVAK. Russia’s Coal Industry: a History for All Ages to Come

The coal industry, like the other sectors of the energy economy, is facing an economic impact of a global coronavirus pandemic. By comparison with the end of 2019 when the coal production in Russia reached record levels and exceeded 440 million tons, since the beginning of 2020 we have seen a decline of the key performance indicators. In these conditions,

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The Perfect Storm

We can already say that 2020 will go down in the history of oil industry alongside the crisis years of 1973 and 1986. The turmoil in the oil market probably surpasses everything that has happened to it in the retro-seeable past. It would be much easier to evaluate and analyze all the events after a while, and for sure many articles and books will be written about them, but the first conclusions and assessments can be made right now.

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Gas

P. Sorokin. The Gas Dilemma: Europe Chooses the Pipe

Over 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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A. Panina. Creating harmonized strategic documents across CIS power industries is the key to successful joint development

Traditionally, for many years now, planning has played an important role in the development of various economic sectors. Planning is broadly understood to mean the process of analyzing, setting goals and determining substantiated models for their achievement. Against the backdrop of growing power consumption, developing a long-term energy strategy that charts a course for the future development of individual power companies, the entire sector – or even the state as

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Digitalization in electric power: where should the industry arrive?

One of the key topics in recent years in the fuel-and-energy complex, including the electric-power industry, has been the industry’s digitalization. Companies are implementing the first pilot projects, trying to optimize their usual way of doing business. At the same time, the objective of the Russian Ministry of Energy is to create favorable conditions for the application of new technologies, to give the industry impetus for the introduction of digital

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TOP-5

The Perfect Storm

We can already say that 2020 will go down in the history of oil industry alongside the crisis years of 1973 and

Energy policy