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U.S., Germany to vow action on Russia in Nord Stream 2 deal
The United States and Germany will take action against Russia if it uses the Nord Stream 2 gas pipeline to harm Ukraine or other Eastern European countries, according to two sources familiar with a bilateral agreement expected on Wednesday.
read more... 21/07/2021
Daily (20.07.2021): Oil prices slumped by around 7% on Monday as coronavirus cases increased worldwide
Oil prices plummeted on Monday, weighed by declining demand for black gold amid the coronavirus pandemic and the backdrop of the agreement on crude production between OPEC+ members. Brent oil tumbled by 6.8% to $68.62 a barrel and WTI crude lost 7.5% at $66.42 a barrel.
read more... 20/07/2021
LG Electronics targets 100% renewables transition by 2050
South Korea’s LG Electronics Inc (KRX:066570) has set an objective of using 100% renewable energy in all its local and overseas business sites by 2050.
read more... 20/07/2021
Yorkshire goes big on hydrogen storage
SSE Thermal and Equinor have unveiled plans to upgrade their Aldbrough gas storage site in Yorkshire to a hydrogen storage facility.
read more... 20/07/2021
Global markets sink on resurgent virus fears
World stocks and oil prices sank Monday as the spreading Delta variant of Covid-19 fueled fears of a faltering economic recovery, while the OPEC+ alliance agreed to hike output.
read more... 20/07/2021