Mitsubishi Said in Advanced Talks on $8 Billion Aethon Deal

Mitsubishi Corp. is in advanced talks to buy the assets of Aethon Energy Management for close to $8 billion, people familiar with the matter said, in what would be the Japanese conglomerate’s biggest...

Gunvor Took Some Hits in Crude Trading Last Year, Törnqvist Says

Gunvor Group is renewing its leadership team after taking some hits in crude oil trading last year including a bullish North Sea play that went wrong, according to Chief Executive Officer Torbjörn...

Live: Updates From CERAWeek by S&P Global Energy Conference

Trafigura and Ex-COO Convicted of Bribery by Swiss Court

Trafigura and its former chief operating officer were convicted by a Swiss court on bribery charges, the first time a senior executive at a major commodity trading house has been found guilty of...

Venture Global LNG Plans Filing as Soon as This Week for $3 Billion IPO

Venture Global LNG Inc. is planning to file as soon as this week for an initial public offering that could raise more than $3 billion, according to people familiar with the matter.

Gloomy Russia Billionaires See Little to Cheer in Trump’s Win

Several Russian billionaires don’t share the optimism of Vladimir Putin’s government that Russia’s economy will keep growing at a pace most Western countries can only envy. And they see little...

Trump Plans to Dismantle Biden’s Climate Law. It Won’t Be Easy

Oil companies and some Republican lawmakers support parts of the Inflation Reduction Act, making outright repeal less likely than new restrictions, caps and expiration dates.

Billionaire Wes Edens’ One-of-a-Kind Gas Export Plan Hits Turbulence

New Fortress Energy has sought breathing room from bondholders as the company’s behind-schedule LNG project burns through cash.

Colonial Pipeline Weighs Sale at $10 Billion-Plus Value

Colonial Pipeline Co., operator of the largest US fuel pipeline system, is weighing options including a sale that could value the company at more than $10 billion, people familiar with the matter...

How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio

The Inflation Reduction Act restored American manufacturing jobs – and gave China an opportunity to extend its dominance in some clean energy technologies.

Europe Can't Kick Its Addiction to Russian Natural Gas

The Kafkaesque interdependence between countries should be acknowledged, because it’s likely to continue.

The Climate Scientist Who Leads Mexico Is Betting on Decades of Fossil Fuel

A new natural gas pipeline could help reduce poverty in the underdeveloped Yucatan — but it poses a challenge to Sheinbaum’s push to cut emissions