Oil prices fell by 2.5% at settlement yesterday, Tuesday. Brent crude futures dropped by $2.69 or 2.6% to $102.59 per barrel. West Texas Intermediate crude fell to $89.38, down $3.22 or 3.5%.
Algiers - The capital of Algeria will host tomorrow, Thursday, the second ministerial meeting of energy ministers from partner countries in the Southern Hydrogen Corridor (South H2) project, to discuss ways to cooperate and enhance partnership for a sustainable energy future.
aps.dzAlgeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Jalawi, chaired a coordination meeting dedicated to discussing the action plan of the Algerian-Chinese mixed company specialized in port dredging, and exploring the prospects for developing its activities, according to a statement from the ministry.
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Algeria is preparing to host a new ministerial meeting involving Algeria, Tunisia, Italy, Germany, and Austria to discuss the upcoming technical and financial steps for the Southern Hydrogen Corridor project 'SoutH2', aimed at transporting renewable hydrogen from North Africa to major industrial markets in Central Europe, according to the Italian news agency 'Nova News'. The agency reported that the corridor extends for about 3,300 kilometers, with the potential to transport up to 4 million tons of renewable hydrogen annually, expected to be operational in the early 2030s.
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