Bloomberg Oil pushed higher with support from a weakening dollar as investors weighed a worsening short-term demand outlook against an eventual rebound as Covid-19 vaccines are rolled out. Futures in New York rise above $48 a barrel, though liquidity was thin in the period between Christmas and New Year. A dip in the dollar boosted the appeal of commodities such …

Bloomberg Britain’s power generation industry is headed for its greenest year yet as more renewable capacity is added and coal plants are needed less often. The carbon intensity — a measure of the environmental impact of generating electricity — has dropped 60% in the UK in the six years to 2019 and is on track to reach another low this …

Bloomberg Orsted, the world’s biggest developer of offshore wind parks, agreed to sell a stake in a farm off coast of Taiwan in a deal worth $2.7 billion. The agreement hands Caisse de depot et placement du Quebec and Cathay PE, a Taiwanese private equity fund, 50% of Orsted’s 605 megawatt Greater Changhua 1 Offshore Wind Farm, Danish company said. …