Shell completes acquisition of combined-cycle power plant in priority U.S. trading market
This acquisition maintains SENA’s position in the deregulated Independent System Operator New England (ISO New England) power market, securing long-term supply and capacity offtake for…
OPEC+ yet to react to Trump call for lower oil prices
OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a…
BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric…
International Paper gains EU nod for $7.2 billion DS Smith buy
U.S.-based International Paper secured EU clearance for its 5.8-billion-pound ($7.2 billion) acquisition of UK rival DS Smith with a pledge to sell assets to address…
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday,…
Louisiana’s Argent LNG sets deal with government of Bangladesh
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government…
Russia’s railways grapple with Asia pivot, sanctions and labour shortages
Russian Railways' cargo volumes slumped to a 15-year low in 2024, with labour and locomotive shortages exacerbating capacity woes as Moscow redirects trade flows to…
Japan’s JERA plans to expand US LNG purchases to diversify energy supply
Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet…
Maersk not returning to the Gulf of Aden for now
Maersk will continue to divert vessels away from the Gulf of Aden and Red Sea and toward the southern tip of Africa despite Yemen's Houthis…
Aerospace suppliers scramble to cushion blow of looming Trump tariffs
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President…
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