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Siemens, Air Liquide form hydrogen electrolyzer JV for 3 GW/year by 2025

Siemens Energy and Air Liquide have formed a joint venture to mass produce industrial-scale electrolyzers in Europe for hydrogen production, the companies said June 23.

read more... 24/06/2022

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Daily (23.06.2022): Oil prices slumped to their lowest level in more than a month on Wednesday amid growing recession fears

Crude oil prices retreated to their lowest level in more than a month on Wednesday, with losses attributed to weak economic forecasts for the global economy after major central banks hiked interest rates. Hence, Brent crude fell by $2.91, or 2.5%, to settle at $111.74 a barrel. U.S. WTI crude dropped by $3.33, or 3%, to settle at $106.19 a barrel.

read more... 23/06/2022

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UK Unveils $18.4 Billion Package To Help Customers Pay Energy Bills

Household energy bills will spike to over £3,000 per year next January, putting more pressure on cash-squeezed Brits in the coldest month of the year.

read more... 23/06/2022

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Spain bets on green hydrogen in clean energy push

As Europe seeks to move way from fossil fuels, Spain is racing ahead in developing green hydrogen, aided by a growing wind and solar power complex in efforts to decarbonise its economy.

read more... 23/06/2022

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Britain's Ineos signs 20-yr LNG deal with Sempra Infrastructure

Britain's INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied natural gas (LNG) from North America for 20 years, it said on Wednesday.

read more... 23/06/2022

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