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Nornickel, Rosatom and FESRC to design and build LNG-icebreaker to escort Nornickel ships along Northern Sea Route

Green Car Congress

The parties will form a working group to develop terms of reference for the LNG icebreaker design and construction, select a shipyard, and consider financing options. By mid-2022, the working group is expected to prepare a draft contract for the vessel design and construction.

Design 195
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

Green Car Congress

EIA’s annual long-term assessment of world energy markets includes a Reference case and four core side cases, which use different assumptions for the projections in each case. EIA projects India and China will account for more than half of global output from energy-intensive manufacturing between 2018 and 2050 in the Reference case.

Asia 220
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Video Friday: Swiss-Mile

Cars That Think

This video presents the capabilities of PAL Robotics’ TALOS robot as it demonstrates agile and robust walking using Model Predictive Control (MPC) references sent to a Whole-Body Inverse Dynamics (WBID) controller developed in collaboration with Dynamograde. Swiss-Mile ] Thanks Marko! PAL Robotics ] Thanks Lorna!

Miles 110
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Russia and China Cozy Up. Reign of the USD. Before the 20 th century, the value of money was tied to gold.

Russia 225
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Indonesian official says current nickel price will benefit miners, smelters – ET Auto

Baua Electric

The contract had surged in 2022 to a record high above USD 100,000 after expectations of reduced supplies from major producer Russia. The official however said smelters are still making good margins in Indonesia, and that current prices are above the historical average.

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Palladium falls as concern EVs will destroy demand returns to the fore – ET Auto

Baua Electric

Russia, which is being punished by widening western sanctions for its invasion of Ukraine in 2022, is home to Nornickel. “Speculators, physical traders and CTAs are holding onto their short positions,” he said, referring to Commodity Trade Advisor (CTA) investment funds, which are largely driven by computer programmes. .

Auto 40
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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

Green Car Congress

those that can be produced using current technology without reference to economic profitability. Within the US, industry typically refers to tight oil production rather than shale oil production, because it is a more encompassing and accurate term with respect to the geologic formations producing oil at any particular well.

Oil 281