A poll of energy traders and analysts found most said Platts remains the best determiner of oil prices despite a European Union investigation into three companies over alleged price fixing, Bloomberg reports.
AMSTERDAM (AP) — Royal Dutch Shell PLC said Monday Chief Executive Peter Voser will step down in early 2014 as it reported lower first-quarter profits in the wake of a decline in oil prices.
A Royal Dutch Shell source said the company would shift its Australian head Ann Pickard to lead the company's explorations in the U.S. Arctic Ocean, The Wall Street Journal reports.
SYDNEY (AP) — Woodside Petroleum Ltd. has shelved its proposed 45 billion Australian dollar ($47 billion) liquefied natural gas plant near the Australian northwestern coastal town of Broome.
Royal Dutch Shell CEO Peter Voser said his company won Chinese approval to invest $1 billion to develop the nation's shale gas resources, Bloomberg reports.
The United States and the European Union plan to negotiate settlements with China for the import of cheaper Chinese solar panels into Western markets, The New York Times reports.
The Supreme Court declined to hear a case from an Alaskan village arguing it should be allowed to sue energy companies for climate change damages, Reuters reports.
Business and policy groups including the Business Roundtable and the Chamber of Commerce called on the Senate to approve the Shaheen-Portman energy efficiency bill, The Hill reports.
Alaska Gov. Sean Parnell told the Interior Department his administration is willing to invest up to $50 million in an assessment of oil reserves of the Arctic National Wildlife Refuge, Bloomberg reports.
Republicans on the Senate Environment and Public Works Committee called on the EPA to suspend rulemaking for stormwater runoff until the agency opens the process to small businesses.
