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 »
The Obama administration gave U.S. natural-gas producers more time to comment on draft standards for disclosing chemicals used in hydraulic fracturing, rules an industry group has said are unnecessary. More »
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