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President Barack Obama shakes hands with Chinese President Xi Jinping after speaking during a state arrival ceremony for the Chinese president, Friday, Sept. 25, 2015, on the South Lawn of the White House in Washington. (AP Photo/Andrew Harnik)

U.S., China, Pope Francis help build momentum for international climate talks

Hopes for an international climate accord in Paris this December were buoyed Friday, as the world’s largest economies — the United States and China — joined together to pledge curbs on greenhouse gas emissions and Pope Francis exhorted world leaders to take immediate, “concrete steps” to improve the environment.
FILE - In this Sept. 22, 2014 file photo, Energy Secretary Ernest Moniz speaks  during the general conference of the International Atomic Energy Agency, IAEA, at the International Center in Vienna, Austria.  Moniz, the eccentric MIT professor-turned-U.S. Energy secretary, by all accounts played a pivotal role in reaching the historic nuclear accord. Now with his diplomatic legacy on the line, President Barack Obama is turning to Moniz to help sell the deal to a highly skeptical Congress.  (AP Photo/Ronald Zak, File)

Obama’s unlikely Iran deal MVP: Energy Secretary Moniz

Ernest Moniz, the eccentric MIT professor-turned-U.S.-Energy-secretary, by all accounts played a pivotal role in reaching the historic nuclear accord.
U.S. Secretary of State John Kerry waits for the start of a meeting on Iran's nuclear program with officials from Britain, France, Germany, China, the European Union and Iran at the Beau Rivage Palace Hotel in Lausanne, Switzerland Tuesday, March 31, 2015. (AP Photo/Brendan Smialowski, Pool)

Crude sinks as deadline for Iran nuclear deal pushed back

U.S. crude continued to sink Tuesday after plunging on Monday to its third-worst single-day fall since the oil bust unceremoniously began in June 2014, under pressure from the threat of financial disaster in Greece and China and the potential Iran nuclear deal.
(AP file Photo/Bebeto Matthews)

Global agency sees oil price recovery but no return to highs

The U.S. benchmark oil contract fell from nearly $110 a barrel last summer to under $45 this year before a recovery to around $53 in recent days.
Prime Minister Vladimir Putin of Russia visits an oil rig in the Caspian Sea operated by Lukoil, April 28, 2010. (Alexei Druzhinin/Pool via The New York Times)

U.S., Russia fight over Europe’s energy future

It’s all about heat and electricity for tens of millions of Europeans.
(AP Photo/Scanpix, Statoil)

Arctic explorers retreat from hostile waters amid oil plunge

Cheap oil threatens to demote the importance of a region already challenged by high costs, environmental concerns, technological obstacles and, in the case of Russia, international sanctions.
Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi speaks to journalists at OPEC's meeting in Vienna. (AP Photo/Ronald Zak)

Oil price crash sparks war of words

Oil powers from Iran to Ecuador have proposed different theories on who’s really to blame for plunging oil prices.
Sen. John Thune, R-S.D., left, and Senate Minority Whip John Cornyn of Texas, right, listen as Senate Minority Leader Mitch McConnell of Ky., center, speaks during a news conference on Capitol Hill in Washington, Tuesday, Nov. 18, 2014. (AP Photo/Carolyn Kaster)

Keystone pipeline to top Senate agenda next year

Congressional Republicans have been pushing for approval of the pipeline for years. Obama has resisted because of environmental concerns.
A driver refuels her car at a gas station of PetroChina, a subsidiary of CNPC (China National Petroleum Corporation), in Luoyang city, central China's Henan province, 19 August 2014. (File, Bloomberg)

China seen overtaking U.S. as world’s biggest oil user

Growth in oil demand to 2040 will also be driven by India, Southeast Asia, the Middle East and sub-Saharan Africa, the IEA said.
Jim Ratcliffe, left, the founder of Ineos (ED Jones/AFP/Getty Images)

U.S. petrochemical renaissance sows worry in Europe

European chemical companies face greater pressure to rethink they way they do business in if they want to compete against U.S. petrochemical plants, which have been buoyed by the shale boom.