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IEA sees 'explosive' growth in US oil output as prices rally

The International Energy Agency forecasts "explosive" growth this year in US oil production as prices rally, potentially offsetting a further collapse in Venezuelan oil production.

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Gas giant fined for market manipulation

Vitol is being fined for having purchased gas at artificially low prices on the French wholesale market. Danish Utility Regulator Director General Carsten Smidt says the case is big and important, but the company denies blame.

LM will help Goldwind enter global market

The turbine blade manufacturer has received its largest contract to date with China's biggest wind turbine producer and will supply blades for installations in China as well as internationally.

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