Tuesday, June 25, 2024
The Russia-Iran alliance wants as much control as possible over the two crucial components of the global supply matrix: gas supplied over land via pipelines and gas supplied via ships in liquefied natural gas (LNG), and so they are moving to create a global natural gas cartel.
Data from BP and Ember compiled by Our World in Data shows how water powers the world, with Africa and Latin America and the Caribbean, in particular, primarily relying on water power.
Poland's government is embroiled in a political scandal for failing to increase the nation's coal reserves. But Poland isn't the only country that is facing a dreadful scenario, there is a looming coal crisis over all of Europe. For Poland and Germany in particular, a fuel shortage would be devastating.
Gazprom and Iran sign a tentative $40BN energy deal as Russia threatens the Europe gas supply. Gazprom will help the NIOC construct six oil fields in addition to the offshore gas reserves in the Kish and North Pars regions.
The statistics show that the majority of automakers have moved their attention to BEVs. This shift happened after they considered the lithium ion battery vs the hydrogen fuel cell debate.
The decision by Russia to transfer ownership of Sakhalin-2, one of the largest LNG projects in the world, might kick out the West from key energy deals as a reply to the sanctions.
With oil and energy becoming a major source of worry for billions of people as 2022 drags on, India has positioned itself in quite a nice situation. This is predicated on the fact that Russia has become India's second largest oil supplier.
Joe Biden has officially declared that the US is now under an energy emergency and is blaming Russia and the Russia-Ukraine conflict for this crisis.
The fact that New Delhi is defying Washington's call for a boycott of Russia demonstrates the West's declining influence over the rest of the globe. Now, India is set to get Russian oil to avert power crisis triggered by heatwave ignoring western sanctions.
The crisis in Ukraine is making Saudi Arabia which is one of the cheapest sites in the world to produce crude and it's royal family very rich.