Parvin Faghfouri Azar

US Plans to Sanction Russian Vessel Involved in Nord Stream 2

The United States has informed European allies about plans to sanction Russian vessel Fortuna, which is involved in the construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday. The U.S. administration told government officials in Berlin and other European capitals …

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UAE ADNOC Turns to Hydrogen

ADNOC, the Abu Dhabi state oil company, Adu Dhabi Investment Holding, and Mubadala Investment Co., two state investment funds, have teamed up in an Abu Dhabi Hydrogen Alliance to develop hydrogen production and export capabilities, joining a growing number of businesses betting on hydrogen, Argus reports citing Emirati media. Bloomberg …

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Oil Prices Down on Concerns over COVID-19 Vaccines

Oil prices fell on Monday over reported deaths of some elderly people after getting the COVID-19 vaccine, while the number of coronavirus cases is still surging to negatively affect oil demand recovery expectations. International benchmark Brent crude was trading at $54.84 per barrel at 0646 GMT for a 0.47% fall …

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