oil and gas

February 11, 2021
Oil and gas major Shell has said it will spend between US$2 billion and US$3 billion on renewables and energy solutions annually to help it attain net zero status by 2050.
January 27, 2021
Corporations bought 18% more clean energy last year compared with 2019, according to new research, with tech giant Amazon and oil and gas group Total leading the global energy transition.
September 25, 2020
French oil major Total will aim to cover all the electricity consumption of its European industrial sites from solar power by 2025 after securing a new development agreement with Spanish firm Ignis.
July 24, 2020
Repsol has strengthened its commitment to renewable generation with the creation of a joint venture in Chile that will develop more than 1.6GW of green energy projects by 2025, comprising two solar facilities and three wind farms.
May 6, 2020
Paris-based group will fund 25GW-by-2025 green energy goal with 'highest capex share of all O&G majors' even as oil market crisis takes sizeable bite of Q1 2020 financials.
April 28, 2020
Deal announced in January to become Iberia’s ‘largest solar power player’ by sponsoring 2.9GW portfolio will go ahead despite slashing expenditure as COVID-19 sends oil prices crashing.
April 22, 2020
Group rolls out COVID-19 precautions as it starts building 126MW trio in Ciudad Real and expects to break ground on 264MW PV project in Extremadura in ‘coming weeks’.
March 10, 2020
Crash of crude prices as virus tightens global grip may create challenges for firms relying on oil revenues as they finance a shift to green energy, IEA warns.
March 4, 2020
Trillion-dollar oil wealth manager NBIM confirms plans to pour billions into unlisted renewables within three years, with outgoing CEO set to lead efforts from the UK capital
February 18, 2020
Germany’s juwi walks PV Tech through timetable and PPA details for 204.3MWp plant it has now sold to Hellenic Petroleum, a deal ministers say heralds new renewable era in Greece.

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