Leni Loberns

Abandoned Power Plant In Armenia Will Host Cryptocurrency Mining Farms – Mining Bitcoin News

Armenia will invite cryptocurrency miners to install their coin minting equipment in an old thermal power plant. The TPP will be decommissioned and the government intends to lease it to industrial companies, including mining companies. Miners are welcome to set up data centers in the former TPP in Armenia Hrazdan’s …

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High food prices dash India’s hopes of cutting cooking oil imports

Consumption is expected to rise in India by 17% over the next four years, according to BV Mehta, executive director of the Solvent Extractors’ Association. Such a steep rise would further widen the manufacturing gap: India is likely to produce around 10 million tonnes of edible oils in 2021-22, against …

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Saudi Arabia’s ambitious space program gives a taste of exciting collaborations to come

JEDDAH: Over half a century ago, Neil Armstrong and Buzz Aldrin became the first to set foot on the surface of the moon. Since this historic milestone, governments, scientists and now entrepreneurs have set their sights on more distant and ambitious goals. From Jeff Bezos’ forays into space tourism with …

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Environmentalists vow to fight latest Kimberley fracking proposal to unearth Australia’s biggest oil resource

An energy economist says the world will watch as a proposal by an Australian onshore oil fracking company in the Kimberley is being reviewed by Western Australia’s environmental watchdog. Key points: Theia Energy’s fracking proposal released by EPA for public comment this week Kimberley project could unearth Australia’s biggest oil …

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Oil may rise as Putin approaches Ukraine

Mike Waltz, R-Fla., speaks on Biden’s cancellation of U.S. pipelines and growing tensions at the Russia-Ukraine border. As Russian President Vladimir Putin moves closer to Ukraine, global energy markets face a potentially seismic event threatening a global economic downturn. Teleprinter Security Last Change Change % USO US OIL FUND LP …

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The absolute power of Australia’s new “Magnitsky Act”

Before anyone can be punished for a serious crime under Australian law, proof of guilt must generally be established by a court. That changed last year. On December 2, 2021, Foreign Secretary Marise Payne announced that Parliament had expanded its powers to make rulings against foreign individuals and entities suspected …

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Newsmaker: Abdulaziz Bin Salman — Crude and Covid, Volatility and Virus

The most fundamental law of economics is that of supply and demand. When supply is high, prices are low. And when demand is high, prices are high. The modern global economy, so interconnected and dependent on every component, has never really had to deal with the economic laws that have …

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Oil and Gas Pipeline Coatings Market to Surpass US$6,958.0

DUBAI, United Arab Emirates, Jan. 20, 2022 (GLOBE NEWSWIRE) — According to Future Market Insights (IMF), the oil and gas pipeline coatings market recorded an annual growth (YoY) of 5.5% in 2021. The demand in the Oil and Gas Pipeline Coatings Market is expected to grow at a CAGR of …

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Russian media elevates Putin from ‘mafia boss’ to genius

On January 13, many Russian news agencies and media reported that a prominent former US consultant called President Vladimir Putin the most brilliant leader on the world stage. The reports were based on an analysis written by geopolitical strategist Harald Malmgren and published on January 13 on a British website. …

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Eastern Europe has a bitcoin problem

As Europe continues to grapple with an energy crisis caused by skyrocketing demand for liquefied natural gas, a tight global energy supply, and Putin keeping pipelines at low capacity as gas-rich Russia gains political ground, Another sleeping giant has emerged to become a huge and surprising obstacle to the continent’s …

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