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Texas power use hits record high as heatwave lingers

Demand for power in Texas hit a record high on Monday as homes and businesses kept air conditioners cranked up to escape a heatwave.

Houston , Texas , United-states , Dallas , Scott-disavino , Barbara-lewis , Stephen-coates , Harshit-verma , Thomson-reuters-trust-principles , Reliability-council-of-texas , Reuters , Electric-reliability-council

Factbox: Corporate debt woes are on the rise

From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates.

United-kingdom , Spain , London , City-of , Czech-republic , France , Barcelona , Comunidad-autonoma-de-cataluna , Sweden , Britain , Swedish , Czech

France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.

Ukraine , France , Paris , France-general- , French , Tassilo-hummel , Bruno-le-maire , Jason-neely , Charlotte-van-campenhout , Reuters , Thomson-reuters-trust-principles , Finance-minister-bruno-le-maire

Gaza power shortages worsened by heatwave as some residents call for protests

A heatwave in the Gaza Strip that has sent temperatures over 38 degrees Celsius (104 Fahrenheit) worsened power shortages and sparked discontent among residents who expressed frustration with the ruling Islamist Hamas group.

Gaza , Israel-general- , Israel , Egypt , Gaza-strip , Palestinian , Israeli , Jalal-ismail , Islamist-hamas , Yasmin-fojo , Abdel-hamid , Khattab-dula

Exclusive: South Africa's green power push falters as projects fail

Nearly half of the projects awarded under the re-launch of South Africa's renewable power purchase programme have failed, two government sources told Reuters, undermining plans to use wind and solar to ease the nation's power crisis.

South-africa , United-kingdom , Johannesburg , Gauteng , Norway , South-african , Britain , Africa-mulilo , Cyril-ramaphosa , Joe-bavier , Olivia-kumwenda-mtambo , Barbara-lewis

Qatar Energy reports 58% jump in annual profit for 2022 to $42.47 billion

Qatar Energy on Tuesday reported a 154.6 billion riyal ($42.47 billion) net profit for 2022, a 58% rise in a year when demand for liquefied natural gas surged following Russia's invasion of Ukraine.

Dubai , Dubayy , United-arab-emirates , Qatar , Ukraine , Russia , Russian , Hadeel-al-sayegh , Reuters , Thomson-reuters-trust-principles , Qatar-energy , Thomson-reuters-trust

Arizona power demand breaks records during heatwave

Electricity demand from customers of the Arizona Public Service (APS) soared to an all-time peak for the second time in a week, on July 15, mirroring similar trends in Texas as grid operators grapple with a heatwave in parts of the United States.

United-states , Arizona , Texas , Bengaluru , Karnataka , India , Sherin-elizabeth-varghese , William-maclean , World-meteorological-organization , Thomson-reuters-trust-principles , Reuters , Arizona-public-service

Japan to establish LNG reserves this year; IEA may play bigger role

Japan will establish a liquefied natural gas (LNG) reserve system this year to secure gas resources for "unexpected situations", industry minister Yasutoshi Nishimura said on Tuesday.

China , Singapore , Japan , Tokyo , London , City-of , United-kingdom , Emily-chow , Ditte-juul-jorgensen , Jan-harvey , Marwa-rashad , Yasutoshi-nishimura

Most Gulf bourses gain on dovish Fed bets; Saudi eases

Most stock markets in the Gulf ended higher on Tuesday on bets for an imminent end to U.S. interest rate hikes, although the Saudi index eased on volatile energy prices.

Bengaluru , Karnataka , India , Saudi-arabia , Dubai , Dubayy , United-arab-emirates , Egypt , China , Qatar , Saudi , Chinese

Column: Southern Europe's heatwave fires up solar output

Europe's enduring heat wave is pushing solar electricity output to new highs across the continent, with the combination of newly installed solar capacity along with bright, sunny skies helping break generation records across several countries.

Germany , Netherlands , Turkey , Spain , France , Greece , Italy , Gavin-maguire , David-holmes , World-bank , Reuters , Thomson-reuters-trust-principles