Bloomberg Venezuela’s biggest market for crude sales — the US — is becoming a harder and harder place for the socialist nation’s oil producer to do business as sanctions and diminishing quality controls discourage would-be buyers. Oil sales to US buyers have fallen for two straight months and now are 56 percent lower than their 2016 average, according to ship-tracking ...

Bloomberg The UK’s subsidy ban for new onshore wind farms could tack 1 billion pounds ($1.3 billion) onto power bills over five years by eschewing one of the cheapest forms of clean energy. Generating power from new onshore wind farms would be 100 million pound a year cheaper than doing so from new nuclear reactors or biomass plants, and at ...

Bloomberg Investment fund Global Infrastructure Partners (GIP) agreed to buy Equis Energy, a Singapore-based developer of renewable-power projects, for $5 billion including debt, a record for the industry. The deal includes $1.3 billion of liabilities and is expected to close in the first quarter, the companies said in a joint statement on Wednesday. Equis Energy’s portfolio of assets includes solar, ...