Tuesday, June 3, 2025
U.S. engine maker Cummins plans plant for green hydrogen kit in Spain- oil and gas 360

U.S. engine maker Cummins plans plant for green hydrogen kit in Spain

Reuters U.S. engine maker Cummins (CMI.N) said on Monday it would build a plant in Spain to make electrolyser systems that will be used to produce green hydrogen, a zero-carbon fuel which advocates hope can help wean economies off planet-warming power sources. Cummins said in a statement it would spend 50 million euros ($61 million) on the plant in central Spain, which

Oil prices up over $1 amid potential Iran talks hitch- oil and gas 360

Oil prices up over $1 amid potential Iran talks hitch

Reuters LONDON -Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs (NYSE:GS) said the case for higher prices remained intact even with increased Iran exports. Brent crude oil futures for July were 90 cents, or 1.4%, higher at $67.34 a barrel by 1215 GMT,