DV Trading hired several fuel and natural gas traders in recent months as it expands its proprietary energy-trading business, even as other firms slow hiring in the space amid ebbing volatility.

As the race for AI development booms, demand for power has soared and is expected to grow in the US at a rate five to 10 times faster over the next 10 years than in the previous decade. That demand, ...

Automated trading desks in Denmark are buying and selling energy contracts based on weather conditions, significantly impacting the renewable energy market. These trading activities are essential for ...

March 26 (Reuters) - Global energy trader Vitol [RIC:RIC:VITOLV.UL] said on Tuesday its 2023 revenue fell to $400 billion, a drop of more than 20% from a year earlier. Vitol, the world's largest ...

ADNOC Logistics and Services plc has taken delivery of Al Shelila, the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China. The vessel has been delivered two ...

As the weather grows increasingly unpredictable and we rely more on renewable energy, one company uses AI and climate data to evaluate power demands for utility companies, energy traders and ...

OSLO, April 7 (Reuters) - Danish energy trader Danske Commodities posted a six-fold rise in full-year 2021 operating profits amid unprecedented market volatility and an expansion of its business, the ...

Javier Aguilar, a former energy trader for Vitol Inc., pleaded guilty in federal court on Wednesday to his involvement in a bribery scheme that facilitated the payment of hundreds of thousands of ...

Danish energy trader MFT Energy P/s plans to sell a stake to raise more capital and continue its global expansion. The company, which boosted profit more than eightfold last year, is looking for funds ...

Previously, we reported that U.S. electricity prices have been surging, thanks in large part to the proliferation of AI, high-performance computing (HPC) data centers and clean energy manufacturing. U ...

Google has explained how it might use its status as an energy-trading company to increase the use of renewable energy sources in its data centers. In February, the company’s Google Energy subsidiary ...

HOUSTON – Prosecutors say a former energy trader from Houston has pleaded guilty to his role in a bribery scheme with Mexican government officials to secure contracts. Court documents say Javier ...