NEW YORK (Reuters) - The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants, the regulators said on Thursday. The Lone Star State, whose power grid has been plagued with bouts of prolonged blackouts, established the Texas Energy Fund last...

(This Aug. 31 story has been corrected to clarify Silicon Valley Bank exited its China join venture, not that it was bought out by a local partner, in the headline and paragraph 3) BEIJING (Reuters) - Silicon Valley Bank's Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to...

ANKARA, Sept 2 (Reuters) - Turkish state energy company Botas and British oil major Shell will sign a long-term LNG agreement on Monday, the Turkish Energy Ministry said. It said Energy Minister Alparslan Bayraktar would meet with Shell Chief Executive Wael Sawan in Ankara on Monday, after which the minister will make a statement and a long-term LNG deal will...

04:38 PM EDT, 08/29/2024 (MT Newswires) -- Elastic (ESTC) reported fiscal Q1 non-GAAP earnings Thursday of $0.35 per diluted share, up from $0.25 a year earlier. Analysts polled by Capital IQ expected $0.25. Revenue for the quarter ended July 31 was $347.4 million, up from $293.8 million a year earlier. Analysts surveyed by Capital IQ expected $344.6 million. The company...