News list for " Ministry of Energy"
The Russian Ministry of Energy has officially put forward a proposal to restrict cryptocurrency mining activities in certain special regions affected by energy shortages. One of the sources, who spoke on condition of anonymity, said the official proposal would begin to implement the restrictions in December, stressing: "The DOE does have a proposal that we will consider at a government committee meeting on November 18." The Department of Energy said that with energy shortages expected in some ar...
The Russian Deputy Minister of Energy has announced that due to ongoing energy shortages, Russia will restrict cryptocurrency mining in specific regions, including regions with limited power resources such as the Far East, southwestern Siberia, and southern Siberia. Electricity shortages could last until 2030, making large-scale mining difficult to maintain. Previously, Russian President Vladimir Putin signed a law regulating the circulation of digital currencies that will come into effect on No...
The Ministry of Energy of Kazakhstan: (on OPEC + production reduction compensation measures) plans to carry out compensatory oil production cuts during the planned maintenance of the field in October.
On July 23rd, Indonesia's Ministry of Energy and Mineral Resources (ESDM) revealed that it has approved a work plan and budget (RKAB) for nickel production of about 240 million tons in 2024. According to Bambang Suswantono, Acting Director General of Minerals and Coal at the Ministry of Energy and Mineral Resources, it is believed that the current production of RKAB (nickel company) is 240 million tons, and the demand is only 210 million tons.
Russian Ministry of Energy: In July 2023, gasoline exports to "friendly" countries will be 70% below the daily average.
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