Latest news
Nissan May Build Huge Battery Plant In The UK
Car giant Nissan is said to be in advanced negotiations with the UK government to build a huge electric car battery plant as part of an official push to make Britain the company’s largest electric vehicles (EVs) production hub outside Japan.
read more... 27/05/2021
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OPEC+ sticks to plan to ease crude oil output cuts from May 1
OPEC, Russia and their allies will stick to plans for a phased easing of oil production restrictions from May to July amid upbeat forecasts for a recovery in global demand and despite surging coronavirus cases in India, Brazil and Japan.
read more... 28/04/2021
Daily (27.04.2021): Oil prices ended with a slightly bearish sentiment on Monday amid increasing COVID-19 figures in Asia
Crude oil prices corrected slightly lower on Monday as the resurgence of COVID-19 cases in Japan and India set a sour tone for oil trading. The losses were limited after OPEC+ joint technical committee (JTC) has kept its forecast for growth in global oil demand this year. Hence, Brent crude slipped by 0.7% to $65.65 a barrel. Meanwhile, U.S. WTI crude eased by 0.4% to $61.91 a barrel.
read more... 27/04/2021
Aussie-Japanese project to produce hydrogen from coal
Australia and Japan have launched what is claimed to be the world’s first brown coal-to-hydrogen project.
read more... 15/03/2021
Germany agrees compensation for nuclear phaseout
Following the accident at the Fukushima Daiichi plant in Japan in March 2011, the government of Chancellor Angela Merkel decided it would phase out its use of nuclear power by the end of 2022 at the latest. Prior to the accident, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by the four utilites.
read more... 09/03/2021