EU Lawmaker Looks to Cap Windfall Profits in Power Price Crisis
The European Union should strengthen its emergency rules so that citizens don’t bear the brunt if electricity prices
2023-05-14 19:24
Adani Group’s Flagship, Utility Firm Seek to Raise $2.6 Billion
Two companies in billionaire Gautam Adani’s empire, including his flagship firm, are seeking to raise as much as
2023-05-13 16:46
The Russian Nuclear Company The West Can't Live Without
Cutting the heart out of a nuclear power plant is a surgical procedure that only a few specialists
2023-05-13 14:51
European Gas Tumbles in Longest Run of Weekly Losses Since 2020
European natural gas dropped on Friday in its longest run of weekly declines in more than three years,
2023-05-12 23:15
Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
2023-05-12 19:50
Erdogan’s Rival Accuses Russians of Meddling in Turkish Vote
The main opponent of Turkish President Recep Tayyip Erdogan in Sunday’s elections accused an unidentified Russian group of
2023-05-12 17:45
South Africa’s Mashatile to Meet CEOs Amid Investment Strike
South Africa’s Deputy President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s
2023-05-12 16:52
Kepco CEO Offers to Resign as Utility Vows Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 12:26
Billionaire Adani’s Firms Weigh Raising Up to $5 Billion, Sources Say
Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5
2023-05-12 09:56
Two Adani Group Firms Dropped From MSCI’s India Gauge
Global index manager MSCI Inc. will exclude two Adani Group firms from its India gauge, potentially dealing a
2023-05-12 09:15
China’s Rising Emissions May Soon Be Eclipsed by Clean Power Push
China’s post-Covid rebound is boosting its world-leading power emissions this year, but rapid deployment of clean technology means
2023-05-12 07:25
European Gas Prices Fluctuate Amid Worries About Abnormal Heat
European natural gas prices fluctuated after closing at the lowest level in almost 22 months, with some weather
2023-05-11 18:52