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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world.

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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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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

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Nissan launched its Pathfinder range in the Russian market at the Moscow Motor Show. Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Nissan now offers a full range of new products across every market segment. share in the Russian market in 2014.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. This decision set crude prices on a downward path.

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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

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US ammonia prices closely follow international ammonia prices because approximately 14% of total US ammonia consumption is met by imports. Because the global ammonia market is highly interconnected, the US price of ammonia closely follows international ammonia prices rather than only US natural gas prices. MMBtu in March 2021.

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Volkswagen Group expands presence in Russia with agreements with GAZ

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The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. Petersburg and other major cities in Russia as well as some export markets.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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