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OPEC+ rebuffs U.S. calls for speedier oil output increases
OPEC and its allies agreed at a meeting on Thursday to stick to plans to raise oil output by 400,000 barrels per day (bpd) from December, despite calls from the United States for extra supply to cool rising prices.
read more... 05/11/2021
RWE pledges to spend GBP 15bn for UK renewables
German energy major RWE AG has committed to investing GBP 15 billion (USD 20.7bn/EUR 17.8bn) in renewable energy technologies and infrastructure in the UK by 2030 as it aims to beef up its wind business in the country.
read more... 22/10/2021
Octopus Energy, RES to invest $4.1 billion in UK green hydrogen production
UK renewable power utility Octopus Energy and renewable energy company RES have partnered to invest GBP3 billion ($4.1 billion) in renewable hydrogen projects across the country by 2030, the companies said in a statement Oct. 14.
read more... 15/10/2021
BP, Eni seek to raise $2 bln for Angola joint venture
BP and Eni are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as they look to reduce debt to help build up renewables businesses, banking and industry sources said.
read more... 04/10/2021
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Lightsource bp banks $1.8bn for 25GW of solar power by 2025
Lightsource bp has announced plans to further accelerate its growth with a target for 25GW of solar developments by 2025.
read more... 21/09/2021