Friday , 26 December 2025

Recent Posts

Oil snaps five-day rally as virus weighs on demand

Bloomberg Oil fell, snapping a five-day rally, amid renewed fears over the impact on the global economy and fuel demand from Asia’s deadly coronavirus. Brent futures fell 2.3% to trade near $56 a barrel in London, slipping with equity markets as Apple Inc. warned it will fail to meet sales targets this quarter because of disruption from the virus. Chinese …

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Vestas loses wind turbine share to rivals

Bloomberg Vestas Wind Systems A/S lost market share last year in the wind turbine industry it has dominated for more than a decade. While the Danish manufacturer remains the biggest producer of the machines that generate electricity from the wind, General Electric Co of the US and Siemens Gamesa Renewable Energy SA of Spain gained share in the market for …

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Trump aims for New York in salvo against clean energy

Bloomberg Federal regulators are set to make a decision on New York’s power market that could disrupt the state’s plans to reach its climate goals. The US Federal Energy Regulatory Commission (FERC) has scheduled a meeting for Thursday to rule on a case filed by some generators who said the state’s policies were unfair because only clean-power producers received subsidies. …

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