Bloomberg South Africa’s state-owned utility has yet to agree a supply contract for the bulk of coal needed for its newest power station, more than a decade after approving a plan to negotiate with Anglo American Plc. In 2007, an Eskom Holding SOC Ltd committee signed off on the start of talks with Anglo for as much as 17 million …

Bloomberg Mexico slashed the price for its flagship Maya crude, the latest producer to discount its cargoes as the coronavirus pandemic destroys fuel demand and Saudi Arabia floods the world with crude. Petroleos Mexicanos’s trading arm PMI lowered its Maya crude differential into US Gulf Coast by $2 to minus $10.05 a barrel for April, PMI said. The so-called K …

Bloomberg The electric vehicle revolution that by most accounts was ramping up in 2020 faces one of the biggest threats since EVs started to go mainstream in the last decade. The outbreak of the novel coronavirus in late December has paralysed key parts of the Chinese economy. By early March, the virus spread further across Europe and into the US. …