Recent Posts

European gas prices gain with focus on weather, tight supply

European natural gas advanced again with traders focusing on weather forecasts, while outages at key facilities highlight the risk of potential winter shortages. Benchmark futures jumped as much as 10%, extending their rebound from losses earlier in the week, with temperatures dropping closer to seasonal levels after an unusually mild October. Some forecasts also point to colder-than-normal conditions in northwest ...

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Profit at Adani’s flagship up 117% on rapid expansion

Adani Enterprises Ltd., the flagship firm for billionaire Gautam Adani’s conglomerate, posted an almost 117% rise in quarterly profit, giving it more firepower to boost investments in numerous new businesses it’s nurturing. The Ahmedabad-based company reported a net income of 4.6 billion rupees ($55.5 million) for the quarter ended Septmeber 30, it said in a filing on Thursday, compared to ...

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Macron to make it easier to build nuclear reactors in France

President Emmanuel Macron wants to streamline rules to build new nuclear reactors faster as maintenance issues beset France’s aging atomic facilities and the energy crisis spurs the country to accelerate the shift away from fossil fuels. His government is seeking parliament’s approval for legislation that would reduce overall construction time by more than two years by speeding up the decision ...

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