Bloomberg – .Repsol to Boost Renewables Fivefold, Cuts Dividend For 2021

By Charley Rattan Shell, BP Total now Repsol to Boost Renewables Fivefold, Cuts Dividend For 2021Repsol’s decision last December to write down the value of its oil assets by 4.8 billion euros ($5.7 billion) and promise to eliminate net emissions of greenhouse gases from its operations by 2050 was the first step in a dramatic shift for the oil industry. It plans to funnel cash from the..

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