Russian President Vladmir Putin has directed his government to develop a state-backed cryptocurrency, according to a Financial Times report published on January 2nd.
Financial Times
Could the Crypto-Rouble Spell Crypto-Trouble For Sanctions?
By Fatema Merchant | Sheppard Mullin Richter & Hampton LLPSign up and get Breaking Energy news in your inbox.
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Quick Take: We are learning that more than 1,000 utilities in the U.S. and Europe have had their computer systems compromised by malware. My first question: Why do utilities have to get this kind of warning through news stories long after the fact? Why don’t we have a system set up for sharing new dangers as… Keep reading →
Guy Chazan must have inwardly rejoiced while interviewing outgoing Shell CEO Peter Voser for his piece in the Financial Times (which I’d link to, but they have a frustrating paywall situation). Most of the interview is about dull and important matters like capital expenditure cycles for oil majors, but Voser gave the FT a little… Keep reading →
In 1956, a little-known geologist named Marion King Hubbert published a paper predicting that oil supplies were destined to reach a peak as the cheap and easy to tap reservoirs were depleted over time. He predicted that US oil production would peak somewhere between the late 1960s to early 1970s. Others, including oil financier Mathew… Keep reading →
