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BBCNEWS World Business Report July 7, 2024

oil prices have risen before today s meeting of the cartel of oil producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world s third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here s our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec plus is expected to opec plus is expected to stick opec plus is expected to stick to its current policy of making a modest increase in production which translates to a little over 400,000 barrels of oil per day. this is in line with the opec plus agreement that was signed between the members in 2021. but the question that will be on the table and under the spotlight is what will opec plus do aft ....

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BBCNEWS World Business Report June 4, 2024 04:49:00

Mariko oi went to find out. the road to new energy, the facility being bought here will use natural gas from the plant next door to produce liquid hydrogen, they want to make it the country s number one energy source. this is the site for the future hydrogen facility, and not farfrom here it s partner has a hydrogen battery plant in 20 minutes from here that is the world s biggest hydrogen field area, supporters of hydrogen say it is clean burning and flexible, it can exist in solid, liquid and gaseous forms, that makes it easier to store and transport. factories which had limited widescale adoption of renewables like solar and wind. south korea will mostly produce what is known as blue hydrogen, produced from natural gas and ....

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