Found: 132

Bitcoin miners’ revenue reached a post-halving peak in July 2023 — review from JPMorgan

... participating in mining. In July, the average hash rate of the Bitcoin network rose by about 4% compared to June, reaching approximately 899 EH/s. In comparison, the previous month saw some miners temporarily reduce their activity due to abnormal heat and high electricity prices, resulting in a brief decline in hash rate. The recovery and increase in power in July indicate the connection of new installations and the return of previously shut-down capacities, signaling an overall expansion in mining. An increase ...

Where does Gazprom invest?

... production of petrochemical products. Urengoy Condensate Processing Plant: A leading manufacturer of liquefied petroleum gases and other processed products. 5. Energy infrastructure Gazprom actively invests in energy assets for the production of heat and electricity. Gas turbine power plants: Installed in various regions of Russia, they provide energy to industrial and domestic consumers. Thermal power complexes: Provide heating and hot water for millions of residents of Russia, especially in the northern ...

Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes

... power stations in Asian countries (China, India, Vietnam, etc.), where economic growth is requiring reliable energy sources. Despite global decarbonization goals, many countries are forced to increase coal combustion in the short term to ensure stable electricity supply. In the United States, a true "coal renaissance" is underway. In the first five months of 2025, coal-fired power generation in the U.S. rose by approximately 19% compared to the same period in 2024. According to the Energy ...

An expert assessed the prospects of Russian oil supplies to India.

... 65% of the population in China, while in India, this figure was only 36%. Bridging this gap will lead to increased demand for petroleum products in the transportation sector, especially since India significantly lags behind China in the adoption of electric vehicles. For instance, in China, electric and plug-in hybrid vehicles accounted for 38% of new passenger cars in 2023, compared to just 2% in India. "Another factor will be the commissioning of new refineries, which will address the ...

Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs

... difficulties. According to half-year results, Volkswagen’s operating profit in Q2 fell by more than 29% YoY (to ~€2.3 billion), and net profit declined by 36%. The main reasons include a sales slump in the key market of China, where competition from local electric vehicles is intensifying, as well as costs resulting from American import tariffs. The company was forced to lower the profit forecast for the entire year. Despite revenue growth in the electric vehicle segment in Europe, global challenges—from ...