Russian Energy Ministry

  • AlternativesPhoto of Russia Goes Nuclear

    Russia Goes Nuclear

    In December 2019, Russia put its first floating nuclear power plant online. The boat-based facility, called Akademik Lomonosov, is in the North Pacific Ocean off the Chukotka tundra. It’s a relatively barren area, with roughly 50,000 residents within the whole state. The build replaces the outdated Bilibino nuclear power plant, which was built in 1974.  It has two KLT-40S nuclear…

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  • PetroleumPhoto of Oil Prices Tank on Black Friday

    Oil Prices Tank on Black Friday

    Oil prices plummeted on rumors that OPEC has been unwilling to deepen oil production cuts

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