India’s Torrent Gas Hires Citi, Two Others for $450 Million
(Bloomberg) — India’s Torrent Gas Ltd. has hired three banks for its planned initial public offering that may…
The complex crude glut picture
The swelling crude supply story involves the key plot twists of reluctant buyers, limited oil stocks and refiners…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
India’s Nayara Energy Defies Sanctions With Record Russian Intake
Nayara Energy has spent the past four months navigating one of the most complicated sanction environments in its…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
Trump Grants Hungary Exemption on Russian Oil in Orban Win
(Bloomberg) — US President Donald Trump granted Hungary an exemption from sanctions on purchases of Russian oil, providing…
Apollo Grows Europe Energy Bet With $6.5 Billion Orsted Deal
(Bloomberg) — Apollo Global Management Inc. agreed to invest $6.5 billion in a huge Orsted A/S offshore wind…
Adnoc CEO Says AI Raises Energy Investment Needs to $4
(Bloomberg) — The global energy industry needs annual investment of $4 trillion as the boom in data centers…