Page 5 - Vitol News Today

Rolling blackouts have ended — for now — but V.I. Water and Power Authority CEO Andrew Smith told senators Wednesday that the utility’s operations remain “at a very high state

Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigerias giant new refinery for nearly a month due to payment issues, according to four trading sources and...

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Senators are pledging to hold the V.I. Water and Power Authority accountable, after government leaders scrambled to come up with $2.3 million to make overdue generator lease payments to Aggreko,

Key investors in Latvia are calling on the prime minister, Evika Silina, to focus on long-term planning and improving competitiveness after an assessment rated the country’s investment climate at its lowest point since studies began in 2015.

(Bloomberg) -- Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Speeds Cheaper EV Plans, Calming Fears Over StrategyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Investors BailingV...

Vibrant, a portfolio company of Macquaries Green Investment, is currently operating and delivering 1.9 GW of renewable energy solutions to corporate clients across India. It has an active pipeline of 3 GW. The company was in discussions with several players such as Bain Capital, Sun Energy and Vitol earlier.

The shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls are starting to take shape. Many commodities houses also see strong links between metals usage and power markets - another growth area for traders.

Gov. Albert Bryan Jr. declared a state of emergency Monday after the latest round of rolling blackouts on St. Croix, and confirmed that the V.I. Water and Power Authority’s failure

Senators have scheduled emergency meetings to demand answers from the V.I. Water and Power Authority.