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  Bloomberg France’s Engie SA plans to sell its entire 10 percent holding in India’s biggest importer of liquefied natural gas. GDF International, an Engie unit, has written to the four Indian state-owned companies that together own half of Petronet LNG Ltd. to offer shares in proportion to their holding in the company, Petronet said in a stock-exchange filing. “It ...

  Bloomberg German developer PNE Wind AG and Norway’s Statoil ASA are asking the US government to open additional sites for offshore wind farms off the coasts of New York and Massachusetts. The sites south of Long Island, New York, and Martha’s Vineyard, Massachusetts, are near existing areas already designated for offshore development, the U.S. Bureau of Ocean Energy Management ...

  Bloomberg The Canadian oil patch’s half-century bond to the US market is loosening one tanker load at a time in Donald Trump’s “America First” era. Last month, a ship loaded oil off Newfoundland and set sail on a 10,000-plus nautical mile, or 18,500 kilometer, journey to China, following on the heels of an oil-sands cargo shipped from the US ...

  Bloomberg Tesla Inc. has completed a solar project in Hawaii that incorporates batteries to sell power in the evening, part of a push by the electric car maker to provide more green power to the grid. The Kapaia installation includes a 13-megawatt solar system and 52 megawatt-hours of batteries that can store energy during the day and dispatch it ...

  Bloomberg Oil capped the biggest weekly loss since November after surging US supplies erased three months of gains that followed OPEC’s deal to cut output. Futures tumbled 9.1 percent this week in New York. For a second day, they closed below the settlement on November 29, the day before OPEC agreed to the curbs. US crude stockpiles have expanded ...

  Bloomberg China’s biggest SUV maker is reconsidering its plan to build an auto plant in Mexico that would have made its best-selling vehicles for the US market, joining a growing list of global automakers reviewing investment plans after tax threats by President Donald Trump. Great Wall Motor Co., led by billionaire Chairman Wei Jianjun, may choose the US instead ...

  Bloomberg Indian sugar mills have recommended the government limit the volume of imports if it decides to purchase sweetener from overseas. ISMA said if the government “wants to import for their own comfort, not more than 400,000 to 500,000 tons of sugar should be allowed to be imported” and priority should be given to domestic mills in the country’s ...

  Bloomberg Volkswagen AG plans to team up with Tata Motors Ltd. on joint projects in India, renewing the German automaker’s push to boost its presence in emerging markets after its previous efforts failed to gain traction. Tata and the European carmaker’s Skoda division will initially work together on market studies for developing mobility services, vehicle components and models, Wolfsburg-based ...

  Bloomberg Singapore is rolling back some property-market curbs after a three-year decline in prices made homes more affordable in the city state. Shares of property developers surged after the surprise announcement by the government that stamp duty imposed on sellers will be reduced and some mortgage restrictions eased. City Developments Ltd. jumped as much as 10 percent and CapitaLand ...

  Bloomberg Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal waters for oil and gas drilling and reversing Obama-era policies that restrict energy development in Alaska. Both Trump and Interior Secretary Ryan Zinke are weighing ways to expand opportunities to drill in Arctic waters though the changes could take years to accomplish administratively, Murkowski ...