Bloomberg Centrica Plc, Britain’s biggest supplier of power and natural gas, wants the nation to retain influence on European Union energy policy after Brexit because the country’s prices will be set by neighboring markets. “Our imports are growing and prices are set by the European market,” said Iain Conn, chief executive officer of the Windsor, England-based utility that last week ...

DUBAI / Reuters Saudi Kayan Petrochemical Co said on Tuesday it had secured a $1.2 billion Islamic loan from National Commercial Bank (NCB) to help repay a previous facility with the lender that matures next week. The company, an affiliate of Saudi Basic Industries Corp , said the new loan was for five years, replacing the seven-year loan of same ...

Bloomberg Five years ago, commodities trader Wayne Bryan hardly considered Britain’s famously overcast skies when buying and selling UK natural gas. Now he can’t afford to ignore them. Within the last year, the sun has taken on new-found importance across the cloudy island nation with photovoltaic cells providing as much as a quarter of the UK’s daily power supply on ...