CNBC Energy

World's largest offshore wind farm seals financing deal worth $8 billion
First two phases of the development will be built simultaneously.

Siemens and Deutsche Bahn plan trial of hydrogen-powered train in Germany
Interest in "green hydrogen" has started to increase in recent years. 

Barclays predicts some stocks like BP could rally more than 50% next year
Barclays has backed European equities to hit new highs in 2021, with 13% potential upside for the Stoxx 600 and two stocks offering more than 50% potential returns.

Strategist picks 3 European oil stocks that could outpace Exxon and Chevron next year
Oil and gas companies are under huge pressure from shareholders, investors and climate activists to drastically shift toward clean energy transitions.

Oil extends gains on surprise U.S. inventory draw amid vaccine rally
U.S. oil stockpiles fell 754,000 barrels last week, data showed, while analysts in a Reuters poll had predicted a 127,000-barrel rise.


OPEC+ projected to delay oil output hike by at least three months
While crude prices have rebounded to an eight-month high, demand in early 2021 still looks too fragile to absorb the extra barrels. At the same time, key OPEC+ members Iraq and the United Arab Emirates have signaled they’re eager to ramp up sales as soon as possible.

ADNOC taps China’s BGP for world’s largest 3D onshore/offshore seismic survey project
The award underscores the important role seismic surveying plays in enabling ADNOC to identify and explore new hydrocarbon resources as highlighted by the recent major discoveries of recoverable unconventional oil resources and conventional oil reserves.

Greece wearies of Turkey’s provocative energy hunt in disputed waters
European leaders in October called on Ankara to abstain from unilateral hydrocarbon exploration in disputed waters, saying it’s in breach of international law. Turkey nonetheless resumed the surveys, making any negotiation with Greece on delimitation of sea borders even more problematic.