The president touted U.S. plans to cut methane emissions and boost climate funding to developing countries in an address that sought to reclaim the mantle of global leadership on efforts to limit climate change.
Occidental Petroleum’s Vicki Hollub fended off a shareholder revolt led by Carl Icahn. Lifted by rising crude prices, she now has the confidence of Warren Buffett.
Years of government neglect and unemployment in Nigeria’s Niger Delta region have given rise to a widespread industry of illegally refining stolen oil.
China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals.
A jump in gasoline prices above $4 has oil companies eyeing crude oil output hikes, but pain at the pump will linger as shaky oil markets shun Russian cargoes.
