U.S. auto-safety regulators are examining the safety of lithium-ion batteries that power all plug-in electric vehicles after a General Motors Co. (GM) Chevrolet Volt caught fire, people familiar with the probe said. More »
Exxon Mobil Corp. (XOM) Chief Executive Officer Rex Tillerson is playing catch-up with a former rival, ex-BP Plc CEO Tony Hayward, in a race to tap oil riches in Iraq’s Kurdish region that dwarf the deep-water Gulf of Mexico. More »
Oil traded near the highest level in more than three months as Italy started building a new government that may help contain the European debt crisis and Japan reported its first economic growth in a year. More »
The White House plan to seek alternate routes for a Canada-to-Texas oil pipeline presents a tangle of new problems for the project’s backers, and any of those obstacles could still sink the proposal before the first spade of dirt is turned. More »
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