Bloomberg On the same day Opec-style oil quotas in Texas were pronounced dead on arrival, shale drillers disclosed more supply cuts in response to the crude market collapse. Diamondback Energy, Parsley Energy and Centennial Resource Development became the latest Permian Basin shale explorers to say they were curbing output. A pandemic-fueled crash in oil prices has been so severe that …

Bloomberg Neoen SA will start construction on Australia’s biggest solar farm after winning a power purchase agreement with Queensland state’s renewables company. The Paris-based company will invest A$570 million ($366 million) in the Western Downs Green Power Hub, with first electricity from the facility expected in the first quarter of 2022. As much as to three-quarters of the energy produced …

Bloomberg US equity-index futures gained on Wednesday after President Donald Trump pushed again to reopen the economy, while stocks in Europe drifted amid mixed corporate earnings and more dismal economic data. The dollar steadied and Treasury yields edged higher. The Stoxx Europe 600 index struggled for direction after advancing the most in almost three weeks on Tuesday, with gains for …