OKG has long operated a facility at the Oskarshamn site which uses electricity from the power plant to produce hydrogen through the electrolysis of water.

Private sector firms in Saudi Arabia will be encouraged to import hydrogen-powered vehicles as part of the Kingdom's green iniative

U.S. commercial crude oil inventories increased by 0.5 million barrels from the previous week to 413.8 million barrels.

Brent were down 39 cents, or 0.4%, at $88.05 a barrel, WTI were down 29 cents, or 0.3%, at $86.67 a barrel.

World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.

The TTF day-ahead price hit an all-time high of Eur182.78/MWh on Dec. 21, an increase of 985% year on year,

Saudi Arabia is one of the countries that Rosatom is ready to work with when the kingdom puts out tenders, including to provide the fuel or build the plants, Alexander Voronkov, CEO of Rosatom Middle East & North Africa, told at Rosatom Week being held at EXPO 2020 in Dubai.

Moscow plans to build a new pipeline to China, which could give Russia the power to sell gas to the highest bidder, pitting Chinese and European consumers against one another.

Trade unions at the French energy giant EDF are calling for strike action next week over government measures designed to control fuel bill rises, which the company estimates could cost it as much as EUR8.4 billion (USD9.5 billion).

Engie plans to create a green hydrogen hub in the UAE and potentially other regions in a deal worth $5 billion, with the first 200 MW green hydrogen and ammonia project being developed in Abu Dhabi.