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Norway oil industry rouses Wintershall as M&A deals set to gain momentum

Bloomberg When a recovery in crude prices sparks more deals in Norway’s oil industry, BASF SE’s Wintershall AG unit will be among those looking for opportunities. “Once oil prices increase, momentum will occur,” Wintershall Chief Executive Officer Mario Mehren said in an interview. “Norway’s attractive for M&A activities as they take place very transparently and the framework’s stable.” Wintershall has ...

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US to see first annual decline in solar rooftop demand

Bloomberg The US is poised to experience its first annual decline in solar-panel installations, as a drop in rooftop demand slows growth in the world’s second-biggest market. Developers added a total of almost 2.4 gigawatts in the second quarter, putting the industry on pace to reach 12.4 gigawatts this year, according to a report on Monday from GTM Research and ...

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Europe sheds Brexit baggage, eyes bold relaunch

Bloomberg What a difference a year makes for the European Union. Jean-Claude Juncker, president of the European Commission, will deliver the annual State of the Union speech this week in a more upbeat mood than a year ago, when the 28-nation bloc was buffeted by the UK’s decision to leave and anti-EU parties appeared to be on the march. In ...

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