[ad_1] MILAN (Reuters) – Italian utility Enel has agreed with Saras to develop a project to supply green hydrogen to the Italian refiner’s Sarroch site in Sardinia, the two companies…
Tag: Oil & Gas Refining and Marketing (TRBC level 4)
Big Oil hits brakes on search for new fossil fuels
[ad_1] LONDON (Reuters) – Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus…
Cenovus to buy Husky for $2.9 billion to create No.3 Canadian energy firm; more deals seen
[ad_1] (Reuters) – Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada’s No. 3 oil…
UK concerned by Iran actions, calls for de-escalation – May’s spokesman
[ad_1] FILE PHOTO: Britain’s Prime Minister Theresa May delivers a speech at headquarters of Joint Forces Command in Northwood, London, Britain July 8, 2019. Matt Dunham/Pool via REUTERS LONDON (Reuters)…
Phillips 66 posts smaller-than-feared loss on retail improvement
[ad_1] FILE PHOTO: A Phillips 66 gas station in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking (Reuters) – U.S. refiner Phillips 66 PSX.N reported a smaller-than-expected quarterly loss on…
Iberdrola’s green spending spree eclipses European Big Oil’s plans
[ad_1] LONDON (Reuters) – Spanish wind energy group Iberdrola’s plans to spend around $88 billion (67.5 billion pounds) on renewable power by 2025 eclipse Europe’s top oil companies’ combined planned…
Danish pension funds back ‘green transition’ with $50 billion
[ad_1] COPENHAGEN (Reuters) – Danish private pension funds on Monday pledged to invest more than $50 billion in green assets over the next decade to fight climate change, as part…
Neste beats forecasts on renewables, shares at historic high
[ad_1] (Reuters) – Finnish biofuel producer and oil refiner Neste NESTE.HE reported smaller-than-expected falls in second-quarter sales and profit on Thursday thanks to its renewables business, sending its shares up…