Bloomberg Nikola Corp’s latest stock plunge sent shares of Norwegian green energy company Nel ASA to a nearly 17% drop. The Oslo-based company is critically tied to Nikola, which is set to be a major buyer of Nel’s technology to create hydrogen. Earlier this year, Nikola made a more than $30 million order for Nel’s electrolysers that would create the …

Bloomberg Exxon Mobil Corp’s UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter. China Petroleum & Chemical Corp, Kuwait Foreign Petroleum Exploration Co and the UK’s EnQuest Plc are among bidders, the people said, asking …

Bloomberg The UK’s National Grid Plc and Dutch power transmission operator Tennet Holding BV are developing a plan to link the two countries’ power markets via giant wind farms at sea. The network managers want to use underwater cables to connect as much as 4 gigawatts of offshore wind farms to the power grids of both countries, a move that …