Under the terms of a strategic agreement, Reliance and TA'ZIZ will build plants with capacity to produce 940,000 mt/year of chlor-alkali, 1.1 million mt/year of ethylene dichloride and 360,000 mt/year of polyvinyl chloride at the TA'ZIZ Industrial Chemicals Zone, ADNOC said in a June 29 statement.

Chinese blue-chips (.CSI300) added 0.1%, Australian shares (.AXJO) were up 0.58% and set for a ninth straight month of gains, and Seoul's Kospi (.KS11) rose 0.35%. Japan's Nikkei (.N225) edged up 0.06%.

According to the EU Climate Law, the European Union will have to cut its net greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels and to reach climate neutrality by 2050.

While wording was removed from the original strategy calling for maximising nuclear utilisation, new reference was added in the latest strategy on the promotion of nuclear-related R&D and personnel training with an eye to the future.

“The United States and Canada have a shared commitment to protect our planet and ensure that all pockets of North America have access to affordable, clean energy,” said Granholm.

NNL says the UK has set a world-leading net zero greenhouse gas emissions commitment and the nuclear fuel cycle is crucial to the role of nuclear technology in decarbonising the future energy system.

Orlen said it will gain access to SMR technologies and experience, while Synthos will acquire a "solid partner" for joint development of small nuclear power plants in Poland.

Brent fell 67 cents, or 0.9%, to $74.01 a barrel, WTI fell 83 cents, or 1.1%, to $72.08 a barrel.

Naftogaz also wants to force Russia to allow other Russian producers to be able to export pipeline gas via Ukraine to Europe.

China Three Gorges Power Corporation (CTGPC) has started to produce power from the first two 1 GW units of the 16 GW Baihetan hydropower plant on the Jinsha River, the upper section of the Yangtze, between the borders of the southwest provinces of Yunnan and Sichuan (China).

Chinese blue-chips fell more than 1%, taking MSCI’s index of emerging market shares 0.4% lower. Investors are also looking forward to U.S. jobs data that could sway the Federal Reserve’s policy outlook.

In April 2021, the Federal Constitutional Court ruled that Germany’s 2019 climate law was partly unconstitutional, as the regulation irreversibly offloads major greenhouse gas (GHG) emissions reduction burdens onto periods after 2030.

Electrical generation by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) set a new record in April 2021 and accounted for 25.7% of total US production.

The UK’s Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, and Norway’s Minister of Petroleum and Energy, Tina Bru, issued a joint statement during Kwarteng's visit to Oslo for their first in-person meeting.

Aramco and ADNOC are likely to use their connections to woo investments to their hydrogen and ammonia projects.