Bloomberg Pakistan inaugurated a $2.7 billion nuclear reactor, providing some relief as the nation grapples with an energy crisis. The 1,100 megawatts capacity power plant will generate some of the nation’s cheapest electricity, according to data from regulator National Electric Power Regulatory Authority. The facility was connected to the grid last March. It’s the second unit at the Karachi ...

  Bloomberg France’s nuclear power plants were generating at the highest level in nearly a year, providing temporary relief in Europe’s fight to save natural gas this winter. The nation had 45 reactors online on Friday, producing 45,360 megawatts, according to grid operator RTE. That’s the highest since Feb. 11 last year, but about 12% lower than the average of ...

  Bloomberg Shell Plc posted a fourth-quarter profit that was well ahead of expectations as its natural gas business thrived, lifting the oil major to a record performance in 2022 fuelled by soaring energy prices. After a bumpy ride earlier in the year amid volatile markets, Shell’s integrated gas unit was firing on all cylinders in the final quarter, delivering ...