Bloomberg Germany’s industrial southwest, Switzerland and parts of France face a dearth of fuel supplies in the coming weeks just as freezing temperatures threaten to lift demand for heating oil. A prolonged drought this summer has led to record-low water levels on the Rhine river, closing many parts of the key transport artery to barge traffic. With little relief in ...

Bloomberg Embattled commodity trader Noble Group Ltd — which is pushing towards the final stages of a complex $3.5 billion debt-for-equity restructuring — reported another quarterly loss, with the result driven by costs from the revamp as well as getting caught out in the LNG market. The energy segment, which consists of liquefied natural gas, coal and oil liquids in ...

Bloomberg Power plant developers in Britain are overestimating the need for natural gas-fired generation to back up intermittent renewable energy. The nation needs only 38 percent of the gas capacity it has now to keep the power on, according to a report by New Resource Partners, a consultancy that advises governments and investors on renewables. “Our modelling shows that the ...