Bloomberg Business

AMLO Widens State’s Reach With $6 Billion Iberdrola Deal

Mexico agreed to buy a fleet of natural gas plants and a wind farm for $6 billion from Spain’s biggest power company as part of President Andres Manuel Lopez Obrador’s push to nationalize energy production.

Australia Vows to Keep Asia’s Gas Flowing Despite Emissions Cut

Australia is committed to remaining a major natural gas supplier for Asia’s largest economies, Resources Minister Madeleine King said, less than a week after the nation passed targets to drastically cut emissions from its export plants.

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