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United Kingdom
Vital Energi JV to build £1bn heat network for Westminster
Plans have been unveiled to build the UK’s largest heat network capturing heat from the River Thames, London Underground and sewer networks to warm around…
United Kingdom
Plans for £200 Million UK Wind Farm Spark Revival After De Facto Ban Lifted
Cubico Sustainable Investments plans to invest £200 million ($260 million) to build the largest onshore wind farm in England, after the UK’s new Lab…
Saudi Arabia
UAE’s Adnoc Agrees 15-Year LNG Supply Deal With Germany’s SEFE
Abu Dhabi National Oil Co. agreed to sell liquefied natural gas to Germany’s SEFE for 15 years starting 2028, a deal that expands the United Arab Emirates…
Power Construction
PG&E Cuts Power to California Customers As Wildfire Risk Builds
PG&E Corp. shut off power to nearly 25,000 homes and businesses in Northern California as gusty Diablo winds and plummeting humidity levels raise the risk of wi…
United States
Chevron Is Said to Weigh Sale of Hong Kong Gas Stations Business
Chevron Corp. is considering a sale of all of its gas stations in Hong Kong amid interest from prospective investors, according to people familiar with the matt…
Offshore Wind Power
Vestas Plunges 12% as Profit Seen at Low End of Guided Range
Vestas Wind Systems A/S shares tumbled to the lowest level since 2020 after the turbine maker said it expects earnings for the full year at the lower end of its…
Natural Gas
Russia’s Crude Shipments Slump on Lower Arctic, Black Sea Flows
Russia’s seaborne crude exports plunged in the latest week, with the biggest decline since early July dragging down the four-week average.Weekly flows dropped …
Saudi Arabia
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …
Oil Price
Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes
Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a …
United States
Copper Drops as Dollar Strengthens on Trump Lead in US Election
Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North…
Bulgaria
Bulgaria starts constructing an ‘irreversible’ nuclear project with US reactors
On Monday, the Bulgarian government began constructing two nuclear reactors using US technology, signing the first major contract worth nearly $350 million - a …
Crude Oil
Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling
The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …
Power Construction
Bangladesh Fast Tracks Payment To Adani Power After Supply Cut
Bangladesh is accelerating payment of more than $800 million it owes Adani Power (ADAN.NS), ahead of a Nov. 7 deadline set by the Indian company, which has cut …
Wind Power Project
Sweden Rejects Baltic Sea Wind Farms, Citing Defence Concerns
Sweden has rejected applications to build 13 offshore wind farms in the Baltic Sea due to defence concerns, while giving the go-ahead to one on its west coast, …
Crude Oil
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…
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