The essential perspective on global commodities
Energy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices. Japan's largest power generation company, JERA has agreed with US-based CF Industries to explore the development of a 1.4 million mt/year low-carbon ammonia project at the latter's Blue Point Complex in Louisiana, with the plan to start production in 2028
Geopolitical risks continue to be a major force driving commodity markets. With about 40% of global oil exports passing through the Persian Gulf and Red Sea region, oil transportation costs and insurance premiums could rise amid escalating tensions in the Middle East. In Russia, refineries struggle to repair facilities damaged by Ukraine drone strikes, impacting exports. China's compliance carbon and US aluminum prices are also in focus. 1
Energy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices. Time is running out to get on track with Europe's ambitious 2030 hydrogen production targets as developers due to take final investment decisions battle macroeconomic headwinds, industry representatives said at the Reuters Hydrogen conference in Amsterdam
