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Daily (02.04.2021): Oil prices rebounded after OPEC+ decision to curb output cuts

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

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Siemens Energy signs long-term service deal with Aramco

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

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Brussels opens in-depth investigation into Germany’s coal phase-out plan

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

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Naturgy signs an agreement with Gestamp to supply wind energy in Spain

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

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Falck signs 10.5-MW solar PPA with Italian trading firm

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

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