Bloomberg Exxon Mobil Corp’s UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter. China Petroleum & Chemical Corp, Kuwait Foreign Petroleum Exploration Co and the UK’s EnQuest Plc are among bidders, the people said, asking …

Bloomberg The UK’s National Grid Plc and Dutch power transmission operator Tennet Holding BV are developing a plan to link the two countries’ power markets via giant wind farms at sea. The network managers want to use underwater cables to connect as much as 4 gigawatts of offshore wind farms to the power grids of both countries, a move that …

Bloomberg The head of Indonesia’s flag carrier said better terms on aircraft loans will help it avoid falling into bankruptcy as the nation grapples with surging coronavirus cases. “We discussed the risks, the benefits, the pluses and minuses and the company’s leadership decided against it,” PT Garuda Indonesia President Director Irfan Setiaputra said when asked in an interview about considering …