Just days ahead of what was is still likely to be a contentious shareholder meeting, Chesapeake Energy caved to pressure from two of its biggest shareholders and agreed to replace its four independent directors. More »
Concern about carbon emissions increased last year among U.S. utility executives, who also expressed apprehension that customers won’t tolerate higher rates for power generated from renewable sources, according to a report. More »
Republican presidential contender Mitt Romney has revived charges about the failed solar company Solyndra as he assails President Barack Obama’ green energy policy. But he didn’t get the story completely straight when he accused the administration of favoring “cronies.” More »
Iraq and Chevron Phillips Chemical Co., a joint venture of Chevron Corp. (CVX) and ConocoPhillips (COP), signed a letter of intent to evaluate the feasibility of developing a petrochemical plant in the country, officials said. More »
U.S. Secretary of State Hillary Rodham Clinton on Saturday ventured north of the Arctic Circle and urged international cooperation in a region that could become a new battleground for natural resources.
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