French €4.12bn to support floating offshore wind granted EU approval

The state aid will support the construction of two floating offshore wind farms in the Gulf of Lion

EU investigates PPC’s behaviour in Greek wholesale electricity sector

The Commission said it is concerned Public Power Corporation may have restricted competition in the Greek wholesale electricity markets with its bidding

Brazil to auction rights to ‘largest’ oil find

Brazil plans to auction an offshore oil discovery, believed to be its largest ever, later this year. Rights to explore and develop blocks in the Libra field, which is expected to produce around 12 billion barrels of recoverable oil over 35 years, will be on offer in the first bidding round in October. Brazil’s national […]