Bitcoin mining uses triple energy of gold
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The energy required to “mine” US$1 in bitcoin, ethereum and other cryptocurrencies is more than twice that required to extract
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Gazprom boosts Austrian supply deal
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Russian de-facto gas export monopoly Gazprom has agreed to boost contracted gas supplies to Austria by 1 billion cubic metres
Does the West owe its rise to fossil fuels?
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Human agency enjoys the pole position in explaining historical phenomenon. From the genius of Napoleon, Churchill, and Roosevelt to the
Siberia pipeline 93% complete: Gazprom
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Russian gas export giant Gazprom says its lengthy Power of Siberia pipeline to China is 93-per-cent complete. Around 2,010km
German LNG terminal talks restart
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Germany has revived plans to build a major liquefied natural gas (LNG) terminal on its Baltic coast to exploit deepening
$90 barrels possible by November: analyst
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Limited capacity in the market leaves US$90 for a barrel of oil a likely prospect by November, according to an
TurkStream breaks pipe-laying record
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The world’s largest construction and heavy-lift ship, the Pioneering Spirit, which is laying the second line of the €11.4-billion TurkStream
Merkel calls on EU to counter Trump
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German Chancellor Angela Merkel has called on Europe to assert its interests more forcefully against disturbances caused by Donald Trump,
Putin to send gas west, coal east
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Nord Stream 2, the proposed 1,230km pipeline that is due to carry natural gas from Russia to Germany’s Baltic coast,
Germany defies pipeline critics
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The Nord Stream 2 gas pipeline from Russia to Germany and into the European network seems to be on course
Crisis-hit pipeline proposes Denmark bypass
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Nord Stream 2 AG, the operator behind the Nord Stream 2 gas pipeline, is reportedly developing a route bypassing Denmark
Smart meters rollout a flop: study
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A UK study has warned that smart meters are failing to cut energy bills and has questioned the suitability of
Majors prosper amid boom: Moody’s
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As would be expected, Shell, BP, ExxonMobil, Chevron and Total are among the fossil-fuel giants set to reap the benefits
Gazprom to fund pipeline despite US
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Russia’s gas-export giant Gazprom will still be able to finance the Nord Stream 2 pipeline if US sanctions are imposed
Gazprom signs $1.2bn Bolivia deal
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Russian state-run gas monopoly Gazprom has committed to invest US$1.2 billion in exploration and production at the Vitiacua onshore field