Nikita Kapustin

• Professor
• Senior Researcher at LLC Agency of transformation and development of the Economy

Plastic recycling and “closed-loop” plastics market are among the “hot topics” in the global environmentalist agenda. Secondary plastics are lauded as a way to eliminate demand for fossil hydrocarbon feedstock and solve the polymer pollution crisis. The author has reviewed the potential technological capacity of plastic recycling for affecting the...

In recent years, the issues of polymer pollution and carbon footprints have stirred up an active debate around the future of petrochemical industry, which over the past 50 years has been a significant driver of global oil demand. It is assumed that the transition to a “circular plastic economy” should resolve environmental issues for the industry,...

The transport sector is the world's largest consumer of petroleum products and, in many respects, determines the functioning of the oil industry that supplies it. However, in the last decade there has been a gap between the development of the world economy, the growing demand for mobility, met by transport and the increase of demand for fossil fuel...

In recent years, the problems of polymer pollution and carbon footprint have stirred up an active debate around the future of the plastic industry, which over the past 50 years has been a significant driver of global oil demand. It is assumed that the transition to a "circular plastic economy" should resolve environmental issues for the industry, b...

The global energy sector is undergoing a global transformation under the influence of technological breakthroughs in several sectors of production and consumption, as well as profound socioeconomic changes in approaches to energy use. This process became known as “energy transition.” In this paper, the authors investigate the long-term impact of th...

The last decade was marked by a new boom of popularity for electric transport. Massive government support helped increase EV annual sales from just 2 to over 753 thousands worldwide over the ten years. Many countries and private enterprises hold extremely high hopes for electric transport, predicting the imminent abandonment of the internal combust...

The importance of oil and gas industry for Russia is hard to overestimate. Continued leadership in hydrocarbon production and exports are cornerstones for Russian economic and political prowess as well as energy and social security. The key to sustainability of oil and gas production is, first and foremost, the resource base. In this study the auth...

Russian petroleum industry plays a vital part in both the country’s economy and international hydrocarbon market, providing a third of state budget revenues and over 13% of global liquid hydrocarbon exports. Yet, nowadays the industry is facing a number of serious challenges, which threaten to undermine its sustainability. These challenges include...

Downstream is historically a problematic sector of Russian petroleum industry, suffering from many issues: low efficiency, import dependence and inferior products quality. In an effort to combat these problems, a large-scale modernization and renovation program has been initiated in 2011 resulting in over 35 billion US$ investments up to date, yet...

Unconventional oils have taken the global oil industry by storm and have secured an 8% share in the global liquid fuels production in under 20 years. And it is without a doubt that these resources will continue to play an important role in the future. Cost analysis of unconventional oil types has shown that Light Tight Oil (LTO) or shale oil still...

Diversification of energy sources in the road transport sector is becoming a global trend with the emergence of economically and technologically viable alternative fuels, such as electricity, biofuels, compressed natural gas, and others. With the transport sector generating over 50% of global oil demand, this trend obviously holds great significanc...

This document presents the results of a study involving the long-term forecasting of the world’s energy markets and calculations carried out using the SCANER information modelling system. It presents a comprehensive assessment of trends in the development of the energy sector – globally, regionally, and nationally – including volumes of consumption...