Intercontinental Exchange reports record open interest in derivatives in May including Dutch TTF trading
Intercontinental Exchange Inc., the leading global provider of energy trading platforms, said that global futures and options markets reached record open interest of over 96 million contracts during May as market players in sectors such as oil, natural gas and LNG launched hedging operations amid volatile prices.
Canada's Capital Power buys gas-fired plants in California and Arizona for US$1.1Bln after TotalEnergies Texas deal
Canadian company Capital Power has agreed to acquire two US gas-fired power stations in California and Arizona for US$1.1 billion as the facilities become more attractive amid abundant natural gas and as back-up for intermittent renewables.
Mexico's Pemex proposes to invest more in natural gas after latest dire losses amid US-led LNG export plans
Petróleos Mexicanos (Pemex), the Mexican oil and gas company, is currently struggling to emerge from the economic slowdown amid widening losses at a time when several LNG export projects are moving forward in the country.
