Saturday, November 23, 2024
Iberdrola to start construction of green hydrogen plant in Spain- oil and gas 360

Iberdrola to start construction of green hydrogen plant in Spain

Reuters LONDON – Spanish utility Iberdrola said on Friday it is set to start construction on the largest green hydrogen plant for industrial use in Europe. In partnership with chemical manufacturer Fertiberia, the project will be based in Puerollano, central Spain, and consist of a 100 megawatt solar photovoltaic plant and hydrogen production system which will use electrolysis to convert

Equinor beats earnings forecasts as refinery and trading shines- oil and gas 360

Equinor beats earnings forecasts as refinery and trading shines

Reuters OSLO – Equinor on Friday reported a drop in second-quarter operating profit but a strong performance from its refinery and trading business helped to counter a coronavirus-led slump in oil and gas prices allowing the group to beat forecasts.   The Norwegian oil and gas company reported an 89% slump in adjusted earnings before interest and tax (EBIT) to