Bloomberg French utility Engie SA is closing in on an agreement with Algeria for an increase in imports of natural gas, a deal that could come after an official visit to the country by President Emmanue Macron. “Diplomatic negotiations are ongoing,” government spokesman Olivier Veran said on BFM TV, adding that an announcement could come shortly. Europe 1 radio first ...

It’s la rentrée. Europe is getting back to business after its summer break — but this year feels like jumping into a cold shower. Just listen to Emmanuel Macron. The French President told his ministers during their first formal gathering last week that a new paradigm is on the horizon — it’s the end of abundance in a care-free world. ...

How is it that China’s power plants are running short of coal, a year into a national mobilization plan to ensure security of supply? Over the past five years, the country’s six major generators typically have had enough solid fuel in their yards to keep their turbines running for about three weeks. The figure has hardly ever dropped below about ...