Brent was down 74 cents, or 1.1%, at $67.26 a barrel. WTI was also down 65 cents, or 1%, at $63.95 a barrel.

The British company, whose businesses supply gas and electricity to millions of customers, said the deals would increase the proportion of its assets in electricity to 70% from 60%.

The UK's Industrial Decarbonization Strategy sets out how the UK can develop a thriving industrial sector aligned with a net-zero emissions target without pushing emissions and business abroad.

The Teesside plant in northern England will have capacity of up to 1 gigawatt (GW) of so-called blue hydrogen, about a fifth of Britain’s target of 5 GW of hydrogen capacity by the end of the decade.

India aims to achieve 175 GW of renewable capacity (excluding large hydropower) by 2022.

The blue-chip CSI300 index rose 0.8%, to 5,141.77, while the Shanghai Composite Index gained 0.5% to 3,463.07.

Turkey aims to produce 50% of its electricity from renewables by 2023 (up from 44% in 2019). Solar accounts for around 7% of Turkey’s installed capacity, with 6 GW at the end of 2019.

The UAE was India's third-largest supplier of crude in 2020, behind Iraq and Saudi Arabia, with volumes of 21.35 million mt and an 11% market share,

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.