US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
OMV, Masdar to build 140 MW green hydrogen plant in Austria
OMV and Masdar agreed to jointly develop and operate Europe's fifth-largest electrolyzer plant, in Bruck an der Leitha, Austria
Three types of deals emerge in new PPA era – Pexapark
The period dominated by straightforward, conventional power purchase agreements is transitioning into a new era, Luca Pedretti said
Cement maker Holcim gets EU grant for carbon capture project in Romania
Holcim's carbon capture project is among 61 that will receive financing from the EU's Innovation Fund to support decarbonization
EU waters down its 2040 climate target in runup to COP30 in Brazil
The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities
RE-Source Platform: Number of PPAs in Europe drops by 60%
The power purchase agreement market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned
Sunotec, Shell join forces to develop BESS in Europe
Sunotec signed a cross-border agreement with Shell Energy Europe B.V. The firm is developing large solar and BESS projects in Europe
Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe
Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
