French energy major Total (PA:TOTF) said on Thursday that it had reached an agreement with renewables energy developer Simply Blue Energy to acquire 80% of the Erebus floating wind project in the Celtic Sea.
Gold declined as investors rush to raise cash to cover losses in other markets amid a rout in U.S. stocks, with global leaders striking a pessimistic tone over the likely economic impact of the coronavirus outbreak.
Oil extended its rebound from last week’s slump as global policy makers pledged to safeguard markets from the coronavirus, while OPEC and its allies are expected to deepen production cuts.
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