News for OMV AG (OMV.SG)

(Bloomberg) -- OMV AG will build Austria’s biggest green-hydrogen electrolysis plant at a refinery outside of Vienna. Producing the world’s lightest element exclusively with renewable energy is a key part of the Alpine country’s effort to clean up its heavy industry.

One year after the first glimmers of the catastrophe awaiting global oil markets, crude is staging a remarkable turnaround.

European stocks closed mixed on Thursday as investors remained focused on earnings reports and developments on the coronavirus pandemic.