Seplat Petroleum Development Co., a Nigerian oil producer that raised about $500 million in an initial share sale this month, expects the African nation to almost stop burning natural gas at oil fields within five years as the domestic fuel market becomes more profitable.
Germany’s biggest utilities face dwindling market shares as the shift to renewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.
Bloomberg BNA — A federal appeals court handed the Environmental Protection Agency a significant victory April 15 by upholding stringent mercury and air toxics standards for power plants, which are among the costliest regulations the agency has promulgated.
JinkoSolar Holding Co., the best- performing Chinese solar manufacturer in the past year, connected two power plants with a combined 39 megawatts of capacity to the grid in eastern China’s Jiangsu province.
Foreign aid has long been one of the most unpalatable dishes on the federal plate. Why should U.S. taxpayers give billions of dollars to ungrateful countries that will waste it and whose people don’t like America anyway?
GEA Group AG agreed to sell its heat-exchangers unit to private-equity firm Triton Advisers Ltd. at an enterprise value of 1.3 billion euros ($1.8 billion) and will use the proceeds for purchases as it focuses on food- processing equipment.