Bloomberg Egypt would need to more than double investment in clean energy to push the amount of electricity generated by renewables to over 50 percent, according to the International Renewable Energy Agency (Irena). Investments would need to be $6.5 billion a year, up from $2.5 billion currently, to boost generation from clean energy to 53 percent by 2030, Abu Dhabi-based ...

Bloomberg Irving Oil Corp.’s refinery in New Brunswick, a major supplier of fuel to the northeastern US, was shut after an explosion and fire in a diesel unit. The hydrotreater, which removes sulfur from diesel to make fuel that meets environmental standards, was in the part of the refinery that was still running, while other units were shut for maintenance ...

Bloomberg China has turned half a trillion dollars of central bank money into bricks and mortar, and there’s more to come. That transformation can be best seen in Heze, a ‘small’ city of about nine million in the province of Shandong. There, local authorities have ripped down more than a quarter of a million older houses since 2015, some of ...