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Thai energy tycoon to pour $4.6 billion into Southeast Asia boom

Bloomberg Gulf Energy Development Pcl’s billionaire founder Sarath Ratanavadi plans 150 billion baht ($4.6 billion) of investment in power plants over the next four years after the company’s listing this month. The initial public offering’s proceeds will help fund some of the outlay, with the rest coming from loans, Sarath, the company’s chief executive officer, said in an interview in ...

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Gazprom plans LNG delivery to India soon

Bloomberg GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to renego- tiate, according to people with knowledge of the matter. The world’s largest gas producer wrote to GAIL this month saying it’s preparing to send cargoes from April under the 2.5 ...

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BHP, Goldman hunt for energy fix amid banana plantations

Bloomberg The world’s biggest miner and Wall Street’s top-ranked merger firm are among the high-profile backers of a remote solar project nestled among banana crops in Australia’s far tropical northeast. For BHP Billiton Ltd., it’s a chance to unlock renewable technology for the global mining sector. As mining companies grapple with energy costs and seek to curb emissions, Melbourne-based BHP ...

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