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Airlines will be required to use biofuel: how much could flights become more expensive
... oilseeds, forestry waste, municipal solid waste, and recycled oils. Domestic scientists are developing SAF technologies using oil-and-fat and lignocellulosic feedstocks. Additionally, peat, a renewable resource, could become a viable option.
However, transitioning to biofuels involves high costs and requires substantial investment. Producing biofuels from crops like camelina, for instance, costs 2.5–3 times more than kerosene. Furthermore, only certified SAF can be used for refueling, and certification ...
Russia has restricted the export of enriched uranium to the US: what this means for both countries and possible consequences
... Australia, and also invest in the development of its own production. However, increasing supplies will take time and significant capital investment.
Long-term changes in the market. For the United States, this may become an incentive to accelerate the transition to alternative energy sources and intensify efforts to revive its own nuclear industry. In addition, increased investment in closed nuclear cycle technology, which allows for more efficient use of uranium fuel, is possible.
Impact on Russia
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The budget is in the black. What ensured the increase in oil and gas revenues?
... amounting to an absolute growth of 66 billion rubles. This was partly due to the stabilization of gas exports to Europe.
According to the European Network of Transmission System Operators for Gas (ENTSOG), Gazprom's supplies to the EU (including transit deliveries to Serbia and North Macedonia) averaged 97 million cubic meters per day in Q1 2024 and 96 million cubic meters per day in Q2. For comparison, the same figures for the first two quarters of 2023 were 67 million cubic meters per day.
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Oil Market Outlook: Projections and Insights from the IEA Report for Investors
... consider diversifying their portfolios. Including alternative energy companies or companies focused on renewable sources could be a wise strategy to hedge against the risk of price volatility in the oil sector. As Europe and the U.S. accelerate the transition to renewables, investors may find promising opportunities in sectors like solar, wind, and biofuels, which align with global efforts to reduce fossil fuel reliance.
Comment from
Sergey Tereshkin, CEO of Open Oil Market
"The oil market ...
Buyers Battle for Russian Oil in Europe
... territorial planning work is actively underway. The physical construction is expected to begin in late 2025 or early 2026, and the pipeline will be fully operational by 2028.
The plan is to deliver Russian oil via a new route through the Druzhba pipeline, transiting through Hungary directly into Serbia.
Previously, Russia supplied oil to Serbia by sea. "Gazpromneft exported oil via the port of Novorossiysk to Croatia, where the oil was unloaded and then sent through a direct pipeline to the Serbian ...