PG&E Wins Approval to Raise Rates by 11% in California
PG&E Corp. won permission to hike rates by 11% this year with more increases through 2026 as it
2023-11-17 06:47
Carbon-Capture Firm Deep Sky Gets $55 Million of New Capital
A Canadian startup raised $55 million from venture capital firms and governments to begin a carbon-capture plant in
2023-11-17 02:51
SQM Sees Lithium Glut Pushing Down Prices Through Year End
The world’s second-largest lithium producer is warning investors of further price declines as a glut of the metal
2023-11-17 00:49
Summers Says ‘Transitory Factors’ Behind Inflation Are Now Easing
Former Treasury Secretary Lawrence Summers said that “transitory factors” have been one element in a faster slowdown in
2023-11-16 20:53
Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:22
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:55
Asian Gas Market Gets Relief as Buyers Look to Resell Supply
North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,
2023-11-16 16:58
Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:49
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:49
Oil Extends Slide After US Inventories Swell to Three-Month High
Oil declined as a rise in US inventories pointed to loosenr near-term market conditions, with prices at risk
2023-11-16 15:50
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59
The Economic Slowdown Is Making Decarbonization Harder for Companies
The global economic slowdown is starting to weigh on corporate efforts to achieve climate goals. Some 40% of
2023-11-16 13:29