November 2020

Germany’s gross domestic product grew by 8.5%

With its sunny plains, windy hillsides and gas infrastructure, Spain is keen to lead production of hydrogen using renewable resources, a process seen as key to meeting carbon emissions targets provided costs can be brought down.

Canada targeted an 80% reduction in GHG emissions by 2050 compared to 2005 levels.

Rupantarita Prakritik Gas Company, which is in charge of Bangladesh's LNG imports, had earlier cancelled two tenders for November and early December delivery, again citing high prices

Hyundai Motor Company and INEOS today announced the signing of a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy.

Brent rose 63 cents, or 1.4%, to $45.59 a barrel . WTI gained 49 cents, or 1.2%, to $42.91 a barrel.

On November 12, the surplus in daily volumes hit a record high of 25 per cent.

These objectives will require a total investment of close to EUR 800 billion (USD 949.5bn) between now and mid-century, the commission estimates.

Средняя цена на нефть Urals за период мониторинга с 15 октября по 14 ноября 2020 года составила $40,4225 за баррель, или $295,1 за тонну.

Driven by global climate and carbon reduction goals, the offshore wind industry is expected to reach 234 GW by 2030,