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Pipeline logjam threatens to sour wager on fuel

  Bloomberg Potential delays looming over three major US natural gas pipeline projects are threatening to sour a popular wager on the fuel. Gas for delivery in April 2018 is trading at a steep discount to the March contract, signaling that traders anticipate ample supplies at the end of next winter. The spread, known as the “widow maker” for its ...

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Tidal lagoon cheaper alternative for nuclear power in UK

  Bloomberg Generating power in the UK by harnessing the ebb and flow of tidal lagoons may be significantly cheaper than building new nuclear electricity plants or offshore wind farms, according to a government-backed review. Tidal lagoons, such as the 1.3 billion-pound ($1.6 billion) pilot project planned in Swansea Bay off the coast of South Wales, would likely cost “well-below” ...

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Ambani plows $4.4bn more in 4G unit to bolster war chest

  Bloomberg India’s richest man isn’t done yet. After plowing $25 billion into starting a national fourth-generation mobile network, billionaire Mukesh Ambani is spending more to boost coverage amid complaints from its largest rival that his free services are hurting competition. Reliance Jio Infocomm Ltd., a closely held unit of Ambani’s Reliance Industries Ltd., plans to raise 300 billion rupees ...

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