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Renault suspending industrial activities in Russia

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Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia. Renault Group already implements the necessary measures to comply with international sanctions.

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Russia Considering Coal-to-Liquids Plant

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Russia is considering building a coal-to-liquids (CTL) plant, according to Energy Minister Sergei Shmatko, speaking at an energy forum in Moscow. Russia produced 321 million short tons in 2006 (roughly a quarter of US coal production), making it the fifth largest in the world. Businessmir.

Russia 199
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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

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Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

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Repsol and Alliance Oil to form an exploration and production JV in Russia

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Russia was the largest producer of crude oil in 2009, surpassing Saudi Arabia.). Repsol already owns a 3.47% stake in Alliance Oil resulting from the merger between Alliance Oil and West Siberian Resources in 2008. Repsol also owns a 74.9%

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EIA: high prices for natural gas this winter as global consumption remains high and inventories low

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That price will be the highest inflation-adjusted monthly average price since 2008. Natural gas futures prices in Europe and Asia set records in August as pipeline exports from Russia to Europe reached their lowest level in 40 years and US liquefied natural gas (LNG) exports remained limited due to the outage at the Freeport LNG facility.

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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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in 2008, against 3.3% billion tonnes in 2008. In particular in the US, where gasoline prices almost doubled in the summer of 2008 compared to 2007 levels, oil consumption dropped 7% decrease. In China, oil consumption increased by 3% in 2008, according to BP data, which was down from 5% in 2007 and 8%, on average, since 2001.

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SpaceX a bastion of independent US, European spaceflight amid Russian threats

Teslarati

Russia has invaded Ukraine without provocation, triggering a series of diplomatic responses – sanctions in particular – that recently culminated in the aggressor deciding to cut ties with Europe on a number of cooperative spaceflight projects. NASA signed its first major contract with SpaceX in 2008, awarding the company $1.6

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