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Renault signs EV battery deals with Envision, Verkor for French plants
Renault Group has signed partnership agreements with Envision AESC of China and Verkor of France to supply electric vehicle batteries for its EV production hub in northern France.
read more... 29/06/2021
Norway's Equinor aims to triple UK hydrogen production capacity
Norwegian oil and gas firm Equinor said on Tuesday it had raised its hydrogen production goal in the United Kingdom to 1.8 gigawatts (GW), following a visit of Britain's Business Secretary Kwasi Kwarteng to Oslo.
read more... 29/06/2021
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Peak Natural Gas Demand To Occur Around 2040
One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen.
read more... 29/06/2021
EU's 55% carbon cut by 2030 target gets final approval
The EU’s 2030 target to cut its emissions by at least 55% from 1990 levels by 2030 has gained its final approval as the EU Council formally adopted the draft EU climate law containing it on Monday.
read more... 28/06/2021
Daily (28.06.2021): Crude oil prices inched higher on Friday as global demand continue to rise
Oil prices rose to their highest since October 2018 on Friday as demand is expected to grow and it could outstrip supply. Moreover, OPEC+ will be prudent in returning more crude to the market from August. Thus, Brent crude gained 0.8% to settle at 76.18 $ a barel, while the U.S. crude WTI closed at $74.05 a barrel, or more than 1% higher.
read more... 28/06/2021