April 2021

In recent times many countries are viewing hydrogen energy as an area essential for the implementation of national low-carbon development strategies. However, hydrogen is a secondary energy source, i.e. additional energy is required to produce it, which has an effect on its cost price.

Nuclear energy is the largest (26.7% in 2019) single source of low-carbon energy in the EU, ahead of hydro (12.3%), wind (13.3%), solar (4.4%) and other (0.5%).

"Nuclear power is a present solution. It is also a future energy alternative. It may not be for everyone. But for many countries in Africa, it is an option worth looking at."

The simplest version of the Teplator has been designed to operate at normal atmospheric pressure and at a temperature of 100 degrees Celsius (212 Fahrenheit), requiring fewer complicated technical solutions and materials.

Europe’s top indexes also all opened higher ahead of the latest meeting of the European Central Bank, with the broad STOXX Europe 600 up 0.5%, bolstered by upbeat earnings from Nestle and Volvo.

South Korea imported 1.448 million mt, or 10.61 million barrels, of US crude in March, up 22.1% from February and the highest monthly shipment since 14.83 million barrels imported in April 2020, latest data released by the Korea Customs Service showed.

U.S. commercial crude oil inventories increased by 0.6 million barrels from the previous week to 493.0 million barrels,

Baker Hughes Company Announces First Quarter 2021 Results

First quarter revenue of US$964 million was stronger despite the contractual 3-month lag in oil-linked LNG prices and lower overall sales volumes

Brent declined 95 cents, or 1.4%, to $65.62 a barrel. WTI fell 93 cents, or 1.4%, to $61.74 a barrel.