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News

06 June 11:54
Igor Sechin Called India One of the Key Drivers of Global Energy Consumption Growth

In the next 10 years, India will provide about half of the global increase in oil demand, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel of the XXIX St. Petersburg International Economic Forum.

06 June 11:53
Sechin Told What Allowed China to Turn Into a Global Energy Power

The balanced development of China has allowed the country to rightfully take the place of a global energy power, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the XXIX St. Petersburg International Economic Forum

06 June 11:52
Igor Sechin Noted the Critical Importance of Copper for the Development of a New Type of Energy System

Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, noted the key role of metals, especially copper and rare earth elements, in building a modern type of energy system

06 June 11:51
Igor Sechin: A Doubling of the Existing Power Grid Infrastructure Will Be Required by 2040

The construction and modernization of a new type of power grids will require a doubling of the existing infrastructure, said Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel during the XXIX St. Petersburg International Economic Forum

06 June 11:50
The World is Entering a Phase of Structural Growth in Electricity Consumption – Sechin

The world is entering a phase of structural growth in electricity consumption, and a shortage of generating capacity may arise in the coming years, said Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel of the XXIX St. Petersburg International Economic Forum

06 June 11:49
The Application of AI in 90% of Cases Has Not Led to an Increase in Labor Productivity — Sechin

In 90% of cases, the application of artificial intelligence technologies has had no effect on labor productivity, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel of the XXIX St. Petersburg International Economic Forum

06 June 11:48
Sechin: The World is on the Verge of the Largest Financial Market Bubble Since the 19th Century

The world is on the verge of the largest market bubble since the 19th century, and the financial sector of Western countries will benefit from the crisis, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel of the XXIX St. Petersburg International Economic Forum

06 June 11:47
Igor Sechin Pointed Out the Militarization of the World

The world is militarizing again, global military spending has been continuously growing over the past 11 years, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, at the Energy Panel during the XXIX St. Petersburg International Economic Forum

06 June 11:46
Energy industry underfunded – Igor Sechin

The energy industry is underfunded, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, speaking at the Energy Panel during the XXIX St. Petersburg International Economic Forum

06 June 11:44
Sechin: Russia could have earned over 400 billion dollars had it started increasing the share of gold in its reserves earlier

Russia could have earned over 400 billion dollars if it had started increasing the share of gold in its reserves earlier, stated Igor Sechin, Executive Secretary of the Commission under the President of the Russian Federation for Strategic Development of the Fuel and Energy Sector and Environmental Security, speaking at the Energy Panel during the XXIX St. Petersburg International Economic Forum