Spanish utility group Iberdrola SA (BME:IBE) has signed a joint-venture (JV) agreement with Cosmo Eco Power Co Ltd, a subsidiary of Cosmo Energy Holdings Co Ltd (TYO:5021), and Hitachi Zosen Corp (TYO:7004) to co-develop the 600-MW Seihoku-oki offshore wind project in Japan.

Iraq's oil minister and a Total delegation also discussed potential development of solar power projects in the country's central and southern provinces. The two sides also discussed Total's potential support and financing of oil infrastructure projects.

Gas distribution and the operation of gas pipelines will switch from a concession regime to a regime of authorizations granted by the oil and gas regulator ANP.

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent

Brent fell 66 cents, or 1%, to $67.73 a barrel. WTI dropped 42 cents, or 0.7%, to $64.38.

The consortium behind Nord Stream 2 has pushed ahead with construction despite growing political pressure.

Nuclear power and renewables can, if planned properly, be exemplary partners as we strive towards building a clean energy world following the pandemic, while ensuring that we do so without leaving a large percentage of world's population behind.

The pan-European STOXX 600 index edged 0.3% lower, trading below a one-year peak after a cautious session in Asian markets.

"Germany has achieved its 2020 climate target," Economy and Energy Minister Peter Altmaier said. Compared to 1990, 2020 emissions dropped 40.8%.

U.S. industrial production decreased 2.2 percent in February.