Repsol working on closing first "renewable asset rotation" in US

Repsol working on closing first "renewable asset rotation" in US - CEO

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Repsol working on closing first "renewable asset rotation" in US - CEO

Apr 25, 2024 4:10 AM

MADRID (Reuters) - Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreement with a renewable partner in the U.S. as part of its asset rotation strategy.

"We are working on closing our first renewable asset rotation in this country," he said.

(Reporting by Pietro Lombardi, editing by Inti Landauro)

Previous page： OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty Next page： Adobe beats first-quarter revenue estimates

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty

Mar 12, 2025

04:08 PM EDT, 03/12/2025 (MT Newswires) -- The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The cartel continues to expect oil demand to grow by 1.45 million barrels a day this year and by 1.43 million barrels in 2026, according to...

Adobe beats first-quarter revenue estimates

Mar 12, 2025

March 12 (Reuters) - Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio of design products that boast artificial intelligence features. The company reported revenue of $5.71 billion, beating estimates of $5.66 billion, according to data compiled by LSEG. ...

American Eagle forecasts annual revenue below estimates

Mar 12, 2025

March 12 (Reuters) - American Eagle Outfitters ( AEO ) forecast annual revenue below expectations on Wednesday, joining other major U.S. apparel makers that expect a demand slowdown as shoppers battle the likelihood of pressured budgets again. The company expects fiscal 2025 revenue to decline in the low-single digit percentage range, while analysts were expecting a 2.97% rise, according to...

Trump administration takes aim at Biden electric vehicle rules

Mar 12, 2025

WASHINGTON, March 12 (Reuters) - The U.S. Environmental Protection Agency said on Wednesday it is starting efforts to reverse the Biden administration's vehicle emissions rules that would force automakers to build a rising number of electric vehicles. The action is the latest in the Trump administration's sweeping moves to undo the prior administration's efforts to prod automakers to build electric...