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Spain's Powertis, Total ink 1-GW solar JV deal

Madrid-based solar developer Powertis SA has signed a co-development deal and a power purchase agreement (PPA) with French energy group Total SA (EPA:FP), covering up to 1 GW worth of photovoltaic (PV) projects in Spain.

read more... 10/02/2020

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Rosneft increases its share in Bayernoil refinery

Rosneft Deutschland, a subsidiary of Russian oil giant, has completed the deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft from British BP, Rosneft said on 17 January, adding that as result of this deal, Rosneft increased its shareholding to 28.57% from 25%.

read more... 22/01/2020

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Daily (17.01.2020): Crude oil ended 1% higher on Thursday on optimism after signing U.S.-China pact

Crude oil prices finished higher on Thursday, supported by the signing of the trade deal Phase 1 between Washington and Beijing, rising prospects for improved global economic growth in 2020.

read more... 17/01/2020

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Commission's €1 trillion bet on green deal financing

The European Commission unveiled on Tuesday (14 January) its one trillion euro investment plan to put Europe on track to reach the 2050 emissions-neutrality goal, while also helping coal-producing regions to move away from fossil fuels.

read more... 15/01/2020

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Azerbaijan inks 440MW clean power double

Azerbaijan has agreed separate deals with ACWA Power and Masdar to develop renewable energy projects totalling 440MW in the country.

read more... 13/01/2020

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