Latest news
British producer Premier Oil reaches milestone in output
Plateau production from its flagship Catcher basin in the North Sea helped drive net income in the first half of the year higher, Premier Oil stated.
read more... 24/08/2018
Teenagers Design ‘Electric Rain’ Machine To Produce Energy
A ninth-grade Azerbaijani student has come up with an idea to develop a device that will produce energy from rainwater, aiming to solve the problem of access to energy in low-income rainy countries around the world. Reyhan Jamalova, the creator of Rainergy, came up with the idea after her father wondered, “If you can make energy from wind, why not from rainwater?”
read more... 19/06/2018
Russia doubles LNG exports as incomes grow three times
In the first two months of the current year, exports of liquefied natural gas (LNG) from Russia doubled compared to the same period in 2017 to five million cubic meters.
read more... 10/04/2018
Russia: Q2 net income of Gazprom falls by 80% year-on-year, forecast missed
Russia’s Gazprom declared recently that the net income for the second quarter fell lower than expected compared to the same period of 2016, or by over 80% to 48 billion roubles ($817.3 million), because of losses related to foreign exchange rates. The forecasted amount earnings for second quarter was 50.2 billion roubles.
read more... 30/08/2017
Wind industry - a new generation of colossal 300m turbines
Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017