Bloomberg Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide further clues on the path forward for monetary tightening in the US. West Texas Intermediate traded near $76 a barrel after declining for a fifth session. The prospect of more aggressive interest-rate hikes from the Fed to quell ...

Bloomberg South Africa’s stricken power utility will receive $13.9 billion in debt relief from the government over the next three years, provided it brings in private partners to help operate its plants and electricity transmission network. The package will strengthen the Eskom Holdings’s balance sheet and cover all interest payments over the next three years, budget documents presented by Finance ...

Bloomberg A Czech energy company led by billionaire Daniel Kretinsky was the big winner in a UK auction to secure power capacity, procuring a 15-year government subsidy to build a gas-fired plant. EP UK Investments Ltd.’s planned units at Eggborough, Yorkshire, were awarded provisional contracts along with a grid-scale battery at the site. That will help secure about $1.8 billion ...