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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. million customers, 28.1

Russia 338
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Report: Haas Automation May Still Be Doing Business In Russia

The Truth About Cars

When Russia invaded Ukraine and governments around the world began systematically cutting financial ties with the Putin-led government, companies quickly followed suit. McDonald’s famously moved out, and other international firms did the same, wanting to avoid being seen as doing business with an abusive Russian government.

Russia 93
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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

Green Car Congress

Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Production of Pathfinder’s hybrid engine variant will make the St. Petersburg plant Russia’s first to produce a hybrid. Pathfinder production is being added to Nissan’s manufacturing operations at St.

Russia 300
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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

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. Maximum annual production capacity at the Gorky Automobile Plant is around 132,000 vehicles.

Russia 186
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ROSATOM, Metalloinvest and Air Liquide to evaluate joint project in low-carbon hydrogen production for DRI

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As part of the joint work, the parties plan to evaluate the technical and commercial aspects of a potential project for the production of environmentally friendly hydrogen for Metalloinvest factories located in Belgorod and Kursk regions. —Evgeny Pakermanov, President of Rusatom Overseas JSC. Earlier post.).

Hydrogen 243
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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. OMV’s plan foresees emission reduction targets of 30% in operations (Scope 1 & 2) and a 20% reduction target in the product portfolio (Scope 3) for 2030.

Oil 465
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S.

Russia 150