Oil prices rose due to a reduction in Russian oil production, which exceeds that announced by the Russian Deputy Prime Minister for Energy. Analysts have warned of a tight market due to growing demand from China and India.
HDF Energy has begun construction of the world’s first high-powered fuel cell plant to produce electricity from green hydrogen. The plant, under construction near Bordeaux, represents an investment of 170 million euros and will be delivered at the end of 2023.
Eskom’s governance crisis continues to deepen in South Africa, with the abrupt resignation of its CEO André de Ruyter. The latter has denounced the corruption that undermines the company and has made heavy accusations against the ruling party. Eskom has appointed Calib Cassim as interim leader.
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