The small gains over the past two days came after the price fell more than 8 percent last week as gloomy economic data from the U.S., China and Europe raised questions about the strength of demand for oil and other energy-related products. More »
Climate change could hinder the efficiency of nuclear and coal-fired power plants in the future and could mean higher costs and a less reliable power grid, according to an article published in Nature Climate Change. More »
Exxon Mobil Corp. (XOM), the world’s biggest energy company, and Royal Dutch Shell Plc (RDSA) said a U.S.- led transformation of the natural-gas market will boost the global economy even as oil becomes more expensive. More »
Chesapeake Energy Corp. (CHK), which is looking for assets to sell to cut debt and close a funding gap, may want to hold onto its cash-generating pipeline unit, Chesapeake Midstream Partners LP. (CHKM) More »
Royal Dutch Shell (RDSA) Plc, Europe’s largest oil company, sees no urgency over what to do with its $6 billion stake in Australia’s Woodside Petroleum Ltd. (WPL), Chief Executive Officer Peter Voser said today. More »
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