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Rostec and Airbus launch sustainable aviation fuels effort in Russia

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Airbus and RT-Biotekhprom (Rostec Group) signed a cooperation agreement to launch a large-scale analysis of Russian feedstock, and to evaluate how to speed up the development and commercialization of Sustainable Fuels for aviation. This agreement was signed at the International Aviation and Space Salon MAKS-2013.

Russia 218
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Russia, China partner on engine for a long-range wide-body aircraft

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The United Engine Corporation (UEC, part of Rostec State Corporation) signed a memorandum with the Chinese company AECC Commercial Aircraft Engine Co., The signing of the Memorandum on the development of the engine for the LRWBA is a milestone for the civil aviation of Russia and China.

Russia 150
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

Russia 150
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ROSATOM, Metalloinvest and Air Liquide to evaluate joint project in low-carbon hydrogen production for DRI

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As part of the joint work, the parties plan to evaluate the technical and commercial aspects of a potential project for the production of environmentally friendly hydrogen for Metalloinvest factories located in Belgorod and Kursk regions.

Hydrogen 243
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BP establishing $100M international research center for advanced materials for energy and industrial applications

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BP will establish a $100-million international research center, the BP International center for Advanced Materials (BP-ICAM) to lead research to advancethe fundamental understanding and use of materials across a variety of energy and industrial applications. —Bob Dudley, BP group chief executive.

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Rosneft and BP sign agreement on development of Domanik tight-oil formations

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The joint venture company (Rosneft 51%, BP 49%) will be incorporated in Russia. The Domanik region in Russia. In BP’s Energy Outlook 2035 , released in January, the company’s analysts suggested that Russia will become one of the world’s top tight oil suppliers, although far behind the US. Source: USGS. Click to enlarge.

Oil 210
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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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This demand stems from significantly reduced launch costs driven by commercialization, increased reliance on satellite technologies for global positioning systems, surveillance and broadband internet, and postulated space resource extraction and militarization.

Climate 428