Oil prices increased on Thursday following OPEC+ agreement to gradually increase output from May. Furthermore, expectations for a rebound in demand this summer also lent support to prices. Hence, Brent crude rose by 2.1% to settle at $64.86. At the same time, U.S. WTI surged by 3.9 % to close at $61.45 a barrel.
read more... 02/04/2021
Siemens Energy has signed its first long-term service agreement with Saudi state oil company Saudi Aramco, covering a range of turbines and generators at four major oil fields.
read more... 02/04/2021
The German Bundestag sealed an agreement in June last year to compensate RWE and LEAG with €4.35 billion for closing the country’s last remaining coal plants and mining operations by 2038.
read more... 03/03/2021
Naturgy has signed an agreement with Gestamp in order to secure the consumption of renewable energy in Spain. The agreement will ensure that from 2022 onwards, all the Group´s productive facilities and R&D centers in Spain will operate with 100% renewable energy.
read more... 19/02/2021
Italian company Falck Renewables SpA said today it has signed a power purchase agreement (PPA) for a 10.5-MW solar park, currently under development.
read more... 15/02/2021