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Sources say Vale is in advanced discussions to sell Brazil renewable assets GIP.
Two people familiar with this matter have confirmed that Vale, the Brazilian mining giant, is in advanced discussions to…
AEP considers a $10 billion increase in its five-year capital expenditure plan to meet data center demand
American Electric Power said on Thursday that it would consider adding $10 billion to the $54 billion capital plan, which is a record.
Inpex, a Japanese company, targets FID in 2027 for Indonesia's Abadi Liquefied natural gas project
Inpex Corp., Japan's largest oil and gas exploration company, announced on Thursday that it plans to make its final investment…
DTE Energy reports a fall in profit for the fourth quarter on lower rates
DTE Energy announced a decline in its fourth-quarter profits on Thursday. The utility was hit by lower electricity prices.
Financial Times reports that Elliott has a $5 billion stake in BP.
The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes…
German spot contracts increase as imports are expected on Friday
The European power market split on Thursday, with Germany's contract for Friday increasing on the back of an anticipated drop in wind energy supply.
The IEA reports that Russia's oil exports increased to $15.8 Billion in January.
The International Energy Agency reported on Thursday that Russia's commercial revenue from crude oil and oil product sales…
Indonesia: UAE's Emirates Global Aluminium to build nuclear power plant
In a Wednesday statement, the Indonesian Economic Affairs Ministry said that UAE-based Emirates Global Aluminium (EGA), plans…
Trump appoints US Oil Advocate to Lead Public Land Bureau
Kathleen Sgamma is a vocal advocate of oil and gas for Western States. She will be heading the Interior Department Bureau…
Britain launches offshore Wind Farm Incentives Scheme
The UK launched an incentive programme for offshore wind projects on Thursday, hoping to convince developers to invest in…
Sources: Validus Energy will buy natural gas producer, 89 Energy III, for $850 Million.
Sources familiar with the deal said that Validus Energy, a privately owned U.S. gas and oil producer, has agreed to purchase 89 Energy III…
Sources say that EU countries will discuss relaxing gas storage targets
EU sources said that the countries of the European Union will discuss on Thursday the request from some governments for the…