Oil prices surged to their highest level in five months on Tuesday amid worries about supply constraints. The surge was fuelled by fears of retaliatory actions from Iran following a fatal strike, attributed to Israel, on an Iranian diplomatic facility in Damascus. Brent crude rose by 2% to $88.92 a barrel, while WTI Crude posted a 2% decrease to $85.15 a barrel.
read more... 03/04/2024
Air Products and Chemicals said on Monday it will build, own and operate a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, Netherlands.
read more... 08/11/2023
JLR said that by testing EVs on site it would minimize the cost of shipping prototype cars around the world.
read more... 25/10/2023
Construction of Europe's largest carbon capture and storage (CCS) facility will begin in the Rotterdam port area next year, its developers said on Wednesday.
read more... 19/10/2023
Oil prices decreased due to a technical adjustment and concerns about the global economic outlook on Thursday. Recent data revealed that US core inflation increased to 3.2% in the previous month, a slight rise compared to June. The increase triggered speculation about the possibility of the Federal Reserve implementing another interest rate increase. As a result, Brent crude fell by 1.3% to $86.40 a barrel, while WTI crude declined by 1.9% to settle at $82.82 a barrel.
read more... 11/08/2023