Against the backdrop of Alaska’s snow-topped Chugach Mountains and in the same waters that were spoiled by the Exxon Valdez oil spill more than two decades ago, Shell Oil Co. has been training recruits in skills it hopes they never have to use. More »
Saudi Arabia won’t reduce oil production in the coming three months even if oil prices continue to drop, Asharq al-Awsat newspaper reported, citing unidentified people aware of the country’s output plans. More »
The coal-fired power industry in the U.S. is facing the biggest plunge in asset values in a decade, risking billions of dollars in pollution-control spending by utilities such as Exelon Corp. (EXC) and American Electric Power Co. More »
Porsche SE, the holding company controlling a majority stake in Volkswagen AG (VOW) after a botched takeover attempt four years ago, will probably soon be investing more in energy than in sports cars. More »
Some of the workers who lost their jobs at a suburban Philadelphia refinery last year are going back to work after Delta Air Lines completed a deal to reopen the facility and make its own jet fuel. More »
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