Monday , 9 February 2026

Recent Posts

Oil marks anniversary of crash below zero with rally above $64

Bloomberg Oil jumped above $64 a barrel, a year to the day after futures for the US benchmark collapsed below zero, with the world’s most important commodity extending a powerful rally on bets for better demand. West Texas Intermediate advanced 1.3%, adding to Monday’s modest climb as the dollar weakened, while production in Libya fell below 1 million barrels a …

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EU coal laggard faces snags in plan to spinoff dirty assets

Bloomberg Poland’s plan to carve out coal-fired power plants sparked a rally in the country’s biggest utilities. Now for the hard part — approving it. Deputy Prime Minister Jacek Sasin’s proposal, which would free up state-owned companies to invest in clean energy, has to win over trade unions, the European Union’s executive and gain approval from Poland’s bickering coalition government. …

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Sasol, Toyota build South African green hydrogen project

Bloomberg Sasol plans to develop the use of green hydrogen by fuel cell vehicles on a major South African freight route as the company examines ways to lower its own emissions. Along with partner Toyota Motor Corp, it intends to develop a pilot project — using a key highway such as the N3 running between Durban and Johannesburg — for …

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