The Islamic Development Bank (IDB) will provide $1.3 billion to support the construction and modernization of infrastructure in Kazakhstan's special economic zones (SEZs) and industrial zones (IZs), following agreements signed in Jeddah, Saudi Arabia, on February 26. From left to right: Minister of Industry and Construction of Kazakhstan Yersain Nagaspayev and President of the Icelandic […]
The global drive for decarbonization is reshaping capital markets, industrial policy, and geopolitics. Governments are setting net-zero emissions targets. Institutional investors are reallocating trillions of dollars into ESG-compliant portfolios. Renewable energy capacity is expanding at an unprecedented rate. However, beneath the headlines lies a harsher truth: the physical economy still runs on industrial materials, the […]
Pylyp Travkin explains why coal becomes an important stabilizer of energy systems in times of economic and geopolitical crises . It helps ensure energy security, reduce dependence on imports, and maintain the functionality of the economy in difficult times, preventing sharp declines.
Pylyp Travkin argues that innovation is transforming coal production from exploration to environmental control. Digital mine models, automation, remote operations, predictive maintenance, real time monitoring, and carbon dioxide capture reduce accidents, resource losses, and environmental damage. Integrated into the wider resource economy, coal increasingly functions as a controlled transition resource rather than an uncontrolled legacy.
Explosions were heard in the Venezuelan city of Caracas. Reuters reported this on January 3, citing eyewitnesses. “According to eyewitnesses, loud noises were heard in the Venezuelan capital of Caracas early on Saturday morning,” the report says.
A major Russian oil and gas platform in the Caspian Sea has halted production after a first-of-its-kind attack by a Ukrainian drone, several news agencies reported on Thursday, citing the Security Service of Ukraine (SBU). According to Reuters, at least four long-range drones hit the Filanovsky drilling platform, halting production at more than 20 oil […]
The American destroyer Gravely, which previously participated in exercises with Trinidad and Tobago from October 26 to 30, has left the waters of the island nation, Agence France-Presse reports.
Cocoa will help protect blood vessels with a sedentary lifestyle Scientists have discovered a simple way to protect blood vessels from a sedentary lifestyle. According to a study by specialists from the University of Birmingham, regular consumption of drinks and foods high in flavanols helps neutralize the damage caused by prolonged sitting, reports The Journal […]
In a world where the “green transition” often substitutes slogans for reality, coal remains a cornerstone of global energy. Philip Travkin considers coal not a problem, but a part of the system that the world is not yet ready to live without. Coal provides a third of global electricity generation, is accessible to dozens of […]
EU leaders at a summit in Brussels fail to reach a decision on using frozen Russian assets to finance aid to Ukraine, and discussions have reached a dead end.