Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.
read more... 20/01/2022
Crude oil prices extended seven-year highs on Tuesday amid concerns about tightening supply and exacerbating geopolitical tensions. Supply worries mounted this week after Yemen’s Houthi group attacked the United Arab Emirates, escalating hostilities. As a result, Brent crude rose by 4.5% to settle at $87.51 a barrel. At the same time, the American WTI crude gained 5.2% at $85.43 a barrel
read more... 19/01/2022
The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.
read more... 11/01/2022
Crude oil prices rose on Wednesday, on favorable US employment data, as well as a further drop in crude stocks in the United States. As such, Brent oil increased by 1% to $80.80 a barrel and WTI crude gained 1.1% at $77.85 a barrel.
read more... 06/01/2022
An application to build the containment building of the first new unit at Hungary's Paks II nuclear power plant has been submitted. Project company Atomerőmű Zrt said it should be approved within 150 days. Meanwhile, Hungary's nuclear regulator has assumed a new, more independent, legal status.
read more... 05/01/2022