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German states eye hydrogen use in deal with Berlin for 20GW offshore wind

Germany’s five coastal states and the federal government, together with transmission system operators (TSOs) 50Hertz, Amprion and TenneT, have agreed to raise the country’s 2030 offshore wind target to 20GW from 15GW previously envisaged.

read more... 12/05/2020

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Vattenfall, TenneT sign grid connection deal for 760MW Dutch offshore wind farms

Swedish energy company Vattenfall and transmission system operator (TSO) TenneT have signed an agreement for the construction of offshore grid connection for the 760MW Dutch offshore wind farms Hollandse Kust (Zuid) 3 and 4 to be located in the North Sea.

read more... 22/04/2020

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OPEC Deal Could Prompt Oil Price Rise to $45 Per Barrel By Year’s End – Gazprom Neft CEO

The OPEC+ deal will not prompt an immediate sharp rise in oil prices, but should the international community manage to curb the COVID-19 outbreak, it is possible that prices could rise to between $40 and $45 a barrel, Russia’s Gazprom Neft CEO Alexander Dyukov said.

read more... 14/04/2020

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Daily (14.04.2020): Crude oil futures ended on a mixed note on Monday as demand worries offset OPEC deal

Crude oil futures ended on a mixed note on Monday, as investors digested whether the unprecedented deal by the world’s biggest producers to cut output could stabilize the market hit by the coronavirus.

read more... 14/04/2020

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Acciona, AXA buy KKR out of renewables venture for EUR 445m

Acciona SA and AXA Investment Managers - Real Assets have signed a EUR-445-million (USD 486.6m) deal to acquire the 33.33% stake in Acciona Energia Internacional SA (AEI) currently held by KKR & Co LP.

read more... 13/04/2020

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