Spanish utility Naturgy to invest $1.8bn to enter the US renewable energy market

The company aims to reach an operational solar capacity of 1.6GW by 2025

France’s Total buys 20% stake in Adani Green Energy

Total will also have a seat on the board of directors of the company

Octopus Energy launches ‘world’s first’ tariff offering 50% discount when wind is blowing

The ‘Fan Club’ tariff could save consumers more than £200 per year

US natural gas and oil production to fall in 2021

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions

Oil discovery in Egypt’s Western Desert

Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day

Total announces withdrawal from American Petroleum Institute due to climate opinions disparity

Total found the energy association’s views on climate issues were only ‘partially aligned’ with its own

US announces $160m for fossil-based hydrogen projects

The Department of Energy suggests fossil fuels currently provide the lowest cost pathway for producing hydrogen

Drax launches initiative to improve green skills for one million people

Its ‘Mobilising a Million’ programme aims to boost the ‘social mobility’ of people and improve their employability

Centrica CFO quits after less than a year in post

Kate Ringrose, who has been with Centrica for 16 years and has most recently been Group Financial Controller, will take over as CFO with immediate effect

US oil giant Chevron invests in carbon capture startup to shrink its carbon footprint

The two companies have also signed a letter of intent to collaborate on potential pilot projects