Global Week (2020.9.29)

Canada has spent nearly $240 million to aid the offshore oil industry

Canada's Natural Resources Ministry said on Thursday it would spend $239 million to support its offshore oil industry. The money is designed to support jobs and can be used for maintenance, upgrades and environmental services.

Egyptian crude oil production is at a record high

According to a September 24 oil-price website, Egypt recently announced that its crude oil production has exceeded 650,000 barrels per day for the first time since the late 1950s.

Siemens will build a large hydrogen production plant in southern Germany

Siemens Intelligent Infrastructure has signed a contract with WUN H2 GmbH to build the largest hydrogen production plant in Germany, according to the gas processing website on September 25. The plant is scheduled to start production by the end of 2021.

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