Everfuel plans 300 MW electrolyzer for green hydrogen at Denmark’s Fredericia refinery

On completion, the facility will cut 214,000 mt/year of CO2 emissions, lowering Danish land transport-related CO2 emissions by almost 5% by 2025, Everfuel said. Everfuel has applied for project funding under the Important Projects of Common European Interest scheme, and is targeting a final investment decision, subject to regulatory approvals and funding, by late 2022. […]

Colonial Pipeline network problems strand barrels on the USGC, prices sink

“Colonial Pipeline is experiencing network issues impacting the operation of the Colonial Pipeline system. US Gulf Coast CBOB was heard last done at NYMEX June RBOB futures minus 14.50 cents/gal, 25 points below the last close, for deliveries on Cycle 29. The front-month RBOB crack against ICE Brent was trading around $20.94/b heading toward the […]

Gold vs Bitcoin: pandemic-driven stimulus fuels growing rivalry

Gold pundits frown at the claims. The World Gold Council, which aims to stimulate and sustain demand for the yellow metal, argues gold, a “high-quality liquid asset,” is more practical, with more diverse supply sources and whose ownership is less concentrated. Gold may complement the newcomer in a scenario of widespread asset price inflation. Bitcoin […]