Bloomberg Russia signaled that it would be willing to prolong the production cuts it agreed with OPEC beyond the first quarter of next year if needed, while also making clear its commitment to the deal wasn’t open ended. It was too early to talk about the specific details of extending the oil-output pact at a meeting with fellow producers in ...

Bloomberg India’s coal-fired power plants in August ran at a three-year high amid shortages created by lower generation from hydropower and nuclear. Plant utilization at coal-fired stations rose to 58% last month, compared with 51.6% a year ago, power ministry data released this week show. That’s the highest rate for August since 2014, according to data compiled by Bloomberg. Lower ...

Bloomberg Imposing tariffs on solar components imported into the US will drive up prices for solar developers. It could also cost U.S. taxpayers as much as $1.23 billion. The US offers incentives to encourage people to use clean energy, paying owners of solar-power systems a tax credit equal to 30 percent of the total installation costs. More expensive panels leads ...