Some property owners in Pennsylvania, a state caught up in a natural-gas drilling boom, are accusing Chesapeake Energy of shortchanging them on royalty payments for pumping oil and gas from their land.
German energy utility EnBW Energie Baden-Wuerttemberg AG said its net profit fell by nearly 90% last year because of a supply glut of subsidized renewable energy which continues to erode wholesale power prices and squeeze out fossil fuels from the company's coal- and gas-fired power plants.
A federal judge ruled that a record $9.5 billion environmental-damage award against Chevron Corp. was tainted by the misdeeds of a lawyer leading the lawsuit, giving the oil giant a boost in its battle against a global effort to seize its assets.
Tensions in Ukraine rippled through the global energy industry, sending shares of Russia's largest oil and gas producers sharply lower, knocking western companies exposed to Russia and boosting the shares of companies like Statoil and BG Group that might gain from higher natural-gas prices.
The Mexican government is shaking up its roster of officials who will oversee the opening of the energy sector, and one of the biggest changes will be the transformation of a tiny agency into a powerful regulator in charge of billions of dollars in oil and gas contracts.