Focus on Infrastructure
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.
Berlin considers full Uniper exit, targets deal after summer, sources say
Germany considers selling its full Uniper stake, exploring re-IPO or private equity sale amid post-crisis recovery plans.
Russia says Ukraine targeted infrastructure of gas pipeline to Turkey
Russia accuses Ukraine of drone strike on TurkStream gas pipeline as Kyiv halts Russian gas transit, escalating energy tensions.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
Japan PM urges Biden to ease business worries over Nippon Steel's U.S. Steel bid amid continued maritime and economic security talks.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
Biden delays enforcing Nippon Steel’s $14.9B U.S. Steel sale block, pending courts review legal challenge over national security.
US official warns Puerto Rico of weak power generation as it prepares for a Trump administration
US Energy Sec warns Puerto Rico needs more power generation amid ongoing blackouts and grid struggles post-hurricane.
UK gas reserves ‘concerningly low’: Biggest supplier
The government is "confident" the country "will have a sufficient gas supply and electricity capacity to meet demand this winter."
Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
The deal comes at a time when electricity demand is expected to rise to record highs.
Around 278,150 houses without power in SoCal Edison service area from wildfires
Two massive LA wildfires have consumed more than 34,000 acres and killed 10.
