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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…
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, …
Carbon Neutrality
Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom
The government in Shanghai wants to convert the world’s busiest port into a center for greener shipping.China’s biggest city aims to build its capacity to sup…
Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
Power Construction
California Faces Risk of Power Cuts With Winds Boosting Fire Threat
California residents face power shutoffs this week as warm, dry winds sweep the state, threatening to tear down utility lines and spark wildfires.Edison Interna…
Decarbonization
Oil, Gas Companies Told To Cut Emissions By One-third Under Planned Cap
Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being publis…
Biofuel
BP Venture Eyes Investment to Make Green Jet Fuel in Argentina
The Pan American Energy Group, half-owned by British oil major BP Plc, is mulling an investment to make clean jet fuel at its refinery outside Buenos Aires, acc…
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