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To combat climate change, Total Energy plants 40 million trees in Congo sequesters 500,000 tons of carbon annually

  • 09 November, 2021
  • 4:57 pm EET

Total Energy, the French energy giant, announced its participation in Congo in the celebrations of the National Tree Planting Day, with a project that can sequester 500,000 tons of carbon dioxide annually. Total has launched a large-scale afforestation project called…

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Gold prices stabilize near the highest level in two months

  • 09 November, 2021
  • 4:40 pm EET

Gold prices stabilized today, Tuesday, near their highest level in two months, in conjunction with the decline of the dollar, and the decline in US bond yields. On Monday, gold prices closed at their highest level in two months as…

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Buoyant stock markets on pause and eye U.S. inflation

  • 09 November, 2021
  • 12:03 pm EET

Boosted by a $1 trillion U.S. infrastructure bill, global stock markets held the line close to their all-time highs on Tuesday but investors were reluctant to commit further to the rally before getting a clearer picture of the surge in…

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Gazprom starts pumping gas into European storage facilities

  • 09 November, 2021
  • 11:34 am EET

Russia's Gazprom announced on November 9 that it had started pumping gas into its underground storage facilities in Europe, after finishing stockpiling supplies in Russia. "Gazprom approved and began implementation of the plan for pumping gas into five European underground…

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Challenges hindering oil production recovery from the epidemic in West Africa It is set to drop below 3 million barrels by 2025

  • 08 November, 2021
  • 5:56 pm EET

Oil production in West Africa is facing significant challenges that make it difficult to return to pre-coronavirus levels, although global crude production is on the way to recovery. A recent report by the energy research firm Rystad Energy believes that…

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