Blog - Page 4

A new star in the chemical sky

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Largest players in the oil and gas chemical field in Russia are uniting - SIBUR Holding and TAIF group. The combined company intends, upon completion of its planned projects, to break into the top 5 largest petrochemical players in the world. Against the background of the expected drop in demand for oil and gas and the need to increase added value, the government intends to support the petrochemical industry, stimulating domestic demand and increasing the competitiveness of Russian companies.

Resource and innovation potential of Russia’s strategic development

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The strategy of resource-innovative strategy of the country’s economy is considered. Reasons of formation, conditions and possibilities of its realisation in conditions of market economy are justified. Based on the potential of hydrocarbon exports, the resource-innovative strategy ensured at the beginning of the 21st century a successful start for Russia in the context of the formation of market relations, which included the payment of external debt and economic growth in the amount of 7 % of GDP. At the same time, the expectation of innovation and technological development of other sectors of the economy has not been fully realized. Energy complex, including the oil and gas industry, currently remains the leading link in the Russian economy, the state of which depends on both internal stability and budget profitability from the export of technology and resources. The volatility of the external environment and the emerging global trends in support of a non-carbon economy require adaptability and flexibility both of the strategy of the entire fuel and energy complex and of the country’s economy as a whole.

Climate agenda: version 2.0

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The article reveals the main directions of the global climate agenda and Russia’s place in it. The author analyses the main goals and directions of energy transition, as well as the level of "purity" of certain types of energy. The article reveals the essence of the system of "green certificates" and the possibilities of Russia for its application.

Balance of hydrocarbon and renewable energy sources – climate and energy security of the planet

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The climate agenda and the desire to maximize decarbonisation of the global economy are becoming more widespread in many countries of the world. To a large extent, this trend has also affected the energy complex, where in recent years there has been an increase in investments in the development of the FEC alternative branches. Russia has traditionally been the world leader in the production and supply of energy resources. Our goal is to preserve and increase achievements in this direction, therefore, over the past years, Russia has been actively building up its competencies in the field of "green" energy sources, so that, in any vector of energy markets development, it stably meets domestic energy needs and remains a reliable and competitive long-term supplier of the energy resource products.

Prospects for the implementation of unconventional hydrocarbon resources in the Russian fuel and energy complex

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The article provides an overview of the resources of unconventional hydrocarbons. In the total volume of oil-containing resources, the share of unconventional types of oil resources reaches 90 % and amounts to 1.7–1.8 trillion tons. Implementation of unconventional hydrocarbon resources (natural bitumens, oil shales) in industrial production requires solving technical problems both in their extraction as well as in the processing of extracted materials into liquid hydrocarbons (synthetic oil). Under current market conditions these types of hydrocarbon resources are of limited importance for the world economy. Further development and use of unconventional hydrocarbon resources requires reliable geological data on the amount of available reserves and their physical and chemical properties. The development of technologies for producing hydrogen from unconventional hydrocarbon resources and hydroconversion of this feedstocks into synthetic oil, motor fuels, and raw materials for petrochemicals is promising.

There is no need to rush to part with hydrocarbons, it is necessary to develop renewable energy sources along with traditional types of energy

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In recent years, the Russian fuel and energy complex has faced new challenges, such as energy transition, risks of global consumers abandoning traditional hydrocarbon resources, massive lockdowns due to the coronavirus pandemic, and so on. Russia’s Energy Minister, Nikolai Grigorievich Shulginov, spoke to the Energy Policy journal about the challenges facing Russian energy industries in

The new reality of international business education and energy transition

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772 views

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.

Liquefied hopes: australian LNG market in a power transition

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The article is devoted to the development of projects for the production of liquefied gas in Australia. Describes in detail the process of the country's transformation into the largest LNG supplier to the world market. Much attention is paid to the impact of the coronavirus epidemic on the global LNG market and the volume of Australian exports. Separately, the article touches on the problem of the continent's internal gas market. The author comes to the conclusion that gradually, against the background of the global energy transition, LNG is beginning to yield to other energy sources such as hydrogen.

The BRICS worked for «А»

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The article reveals the main directions of energy interaction between the BRICS countries. Much attention is paid to the practical work of the Energy Research Platform. The article provides general key indicators of the fuel and energy sector in the BRICS countries. A separate place in the article is occupied by further prospects for interaction of the BRICS countries in the energy sector, including the possibility of joint financing of infrastructure projects.

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