Energy

Czech Republic to completely abandon russian gas in the first quarter of 2023

The Czech Minister of Industry states that the country has got rid of almost 100 per cent dependence on russian gas imports

The Great Water Effect: What the powerful flood brought to people and the economy

And why it's not just about losses

This year, UkrGasVydobuvannya transferred UAH 6.3 billion of rent to the budget

Of this amount, 5% will go to the budgets of local and regional levels in 11 regions

Ukraine offers Shell to allocate part of the proceeds from the sale of its business in Russia to the war-affected areas

It is a joint venture for the development of oil and gas fields in the Far East, Sakhalin-2, in which Shell holds a 27.5% stake.

Saudi Arabia and the UAE are buying up russian oil at great discounts

Then they sell the oil for export at market value, making money on the price difference

End of an era: Germany shuts down its last three nuclear power units

Since 2003, 16 nuclear reactors have already been shut down in Germany

Bangladesh will pay russia in Chinese yuan for the construction of a nuclear power plant

The Bangladeshi authorities, together with Rosatom, have already begun the construction of the first of two nuclear power units as part of a $12.65bn project

Energoatom suffered losses of UAH 32 billion due to russian aggression

Final calculations will be made after de-occupation of ZNPP

Five G7 countries agreed to oust russia from the nuclear energy market

They are Japan, the United Kingdom, Canada, the United States, and France

Ukraine starts exporting electricity to Slovakia

The country receives 200 MW of Ukrainian energy every hour