Moscow. March 10. INTERFAX.RU – Russian companies in the short term can increase oil production by 200-300 thousand barrels per day in the future – up to 500 thousand b/d, said Russian energy Minister Alexander Novak in interview to TV channel “Russia 24”. “Despite the volatility, our industry remains competitive, …
Read More »Shale production in the United States will soon exceed the total production in Russia
Shale oil and gas production in the U.S. will exceed the total oil and gas production in Russia by 2025. This opinion was expressed, speaking to the Committee on energy and natural resources U.S. Senate, head of the International energy Agency (IEA) Fatih Birol. “Now the growth of oil and …
Read More »The development of capacities for methanol production will justify huge investments in the Arctic
The program of development of the Northern sea route until 2024, implemented by the Russian government on behalf of the President, causes considerable resonance, including audible and negative evaluations of, say, an astronomical amount of investment does not pay off. However, the payload of the Northern sea route, which does …
Read More »Scientists announced the breakthrough in production of hydrogen from solar energy
Researchers at the Ohio state University first synthesized a molecule that can efficiently absorb sunlight and act as a catalyst for the conversion of solar energy into hydrogen is an environmentally friendly fuel that is a viable alternative to fossil energy sources. Molecule absorbs energy from the entire visible spectrum …
Read More »Russia reached a record in oil production since the collapse of the Soviet Union
Russia last year reached its highest level of oil production since the collapse of the Soviet Union — 11,25 million barrels per day. About it writes Bloomberg. The Agency reminds that in 1987 the country produced a record 11,416 million barrels per day. In 2019 she approached that figure, despite …
Read More »The head of the premium brand Cadillac called the timing of the full transition to production of electric vehicles
President premium Cadillac brand of General Motors, Steve Carlisle (Steve Carlisle) said Thursday that by 2030 the majority of its models or maybe even all will be electric powered. REUTERS/Rebecca Cook He did not rule out that the brand can continue to release models with internal combustion engines (ice) …
Read More »Economist: Belarusian Assembly-line production is doomed to death
Belarus has a relatively good performance of exports, while the share of national value added in exports is higher than in many European countries. This figure does not reflect the real situation. Photo: Alexander Chuguev, TUT.BY The devil is in the details. In the export structure, the main added value …
Read More »Started production of “UAZ-the Patriot” with automatic transmission
From 1 October, began selling new UAZ “Patriot” in the version with automatic transmission. The novelty is presented in four different trim levels. The price of the novelty starts from $ 1 030 000. Of four trim levels: Optimum, Premium, Status, and Edition I. As has been reported by sun, …
Read More »In Geely ready to start series production of flying vehicles
Chinese Geely is preparing to build a plant for flying cars. In 2017, the composition of Geely entered the American company Terrafugia, which is engaged in flying cars. Projects now Americans will sell in China. According to recent reports, Terrafugia is developing a symbiosis of the car and tiltrotor which …
Read More »The owner of “Renaissance Insurance” has become a billionaire on the production of marijuana
The owner of “Renaissance Insurance”, the investment banker Boris Jordan has built the largest U.S. producer of marijuana and became a billionaire. According to Forbes, his fortune is about $1.2 billion. The state-based businessman is at stake in the American manufacturer of marijuana Curaleaf. Established in 2010 year, the company …
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