The oil market’s main bullish driver is the Rosneft/Lukoil sanctions, but so far they’ve only led to a buildup of Russian crude at sea. Total’s Power Move Questions Oil Majors’s Renewable Pull-Out - France’s national oil champion TotalEnergies (NYSE:TTE) has agreed to purchase a 50% stake in Western European power generation assets held by the Czech billionaire Daniel Kretinsky. - TotalEnergies committed to European power assets just as it was reported to be considering selling some of its renewable energy assets…
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