Category: energy

Oct 11

China Wind Joins Clean Tech Sectors Caught in Trade Crosshairs

Breadcrumb Trail Links PMN Business China’s wind industry is the country’s latest clean energy sector to see its success draw the attention of foreign trade officials. Author of the article: Bloomberg News Bloomberg News Published Oct 10, 2023  •  4 minute read Join the conversation 2(98gqd(8q((3e(wm4q)usy6_media_dl_1.png Source: BloombergNEF Article content (Bloomberg) — China’s wind industry […]
Oct 9

Indonesian Billionaire’s Geothermal Firm Surges 25% in Trading Debut

Article content (Bloomberg) — PT Barito Renewables Energy jumped in its first day of trading after raising 3.13 trillion rupiah ($200 million) in Indonesia’s fifth-biggest initial share sale this year.  The company, owned by billionaire Prajogo Pangestu, gained as much as 25% to 975 rupiah in Jakarta trading on Monday, hitting the upper limit allowed […]
Oct 6

Exxon in Talks to Buy Shale Driller Pioneer Natural in What Could Be 2023’s Biggest Deal

Article content (Bloomberg) — Exxon Mobil Corp. is in talks to acquire shale-focused Pioneer Natural Resources Co., according to a person familiar with the matter. The Wall Street Journal reported the deal earlier Thursday, citing unidentified people. An agreement could be worth as much as $60 billion and may be completed in the coming days […]
Oct 5

No More Naive Calls to Putin: Inside Macron’s Very French Reset

Breadcrumb Trail Links PMN Business Emmanuel Macron is dialing down the volume — and finally getting his way Author of the article: Bloomberg News Ania Nussbaum, Natalia Ojewska and Andra Timu Published Oct 05, 2023  •  6 minute read Join the conversation Emmanuel Macron, France’s president, during the European Union (EU) and Community of Latin American […]