VIENNA / WAM Support for economic recovery, new infrastructure funding and boosting food security are some of the highlights of the projects the Opec Fund for International Development has approved at the 179th session of its Governing Board in Vienna on Thursday. The $233 million in new funding will benefit public sector projects promoting sustainable development around the world. …

Bloomberg European natural gas prices rose as the market continues to weigh the risk of potential supply disruptions and further sanctions against Russia. The EU has so far been reluctant to ban energy flows from its top gas supplier Russia. Yet, European Commission President Ursula von der Leyen said on Twitter that the bloc and its partners “will keep up …

  Bloomberg Saudi Arabia will start construction of a green hydrogen plant as soon as this month as it pushes ahead with plans to export the fuel in about four years. The kingdom is on track sell carbon-free hydrogen from a $5 billion project in Neom by 2026, according to Peter Terium, the head of energy and water for the …