Bloomberg The Democratic Republic of Congo will proceed with a smaller version of the Inga III hydropower project and expand the facility over time, President Felix Tshisekedi said. The Inga III dam, which will begin as a 4,800 megawatt plant, will have its capacity increased to 7,500 megawatts and 11,000 megawatts eventually, Tshisekedi told lawmakers in his first state of …

Bloomberg State Grid Corp of China is nearing an agreement to acquire a 49% stake in Oman’s state-owned transmission company in the first major privatisation by the Middle East’s largest non-OPEC oil producer, people with knowledge of the matter said. The Beijing-based company will acquire the stake in a deal that values Oman Electricity Transmission Co at about $2 billion, …

Bloomberg Worsening tensions between Boeing Co. and the Federal Aviation Administration (FAA) threaten new delays in the return of the 737 Max. But even after regulators sign off, airlines will still have weeks of work before passengers fly on the beleaguered plane. Southwest Airlines Co. is anticipating a month or more of preparations after the Max wins approval to fly …