Vale chief set to be Petrobras chairman

Move to appoint Murilo Ferreira should reassure capital markets

Talks on Iran nuclear deal edge closer

Delegates adamant that resolution with Tehran will be substantial

China’s Cnooc shelves shale project

Latest sign nation cannot mimic US energy revolution

Gas price rise fears as UK storage cut

Centrica limits North Sea storage due to integrity of the wells

A Caltex petrol station is seen in Sydney, Australia, on Tuesday, January 22, 2008. Photographer: Jack Atley/Bloomberg News

Chevron to offload Caltex Australia stake

Block trade worth A$4.6bn is largest in country’s history

Centrica discloses chief’s pay

Iain Conn could earn up to £6.3m a year in salary and bonuses

New Petrobras chairman is government ally

Appointment is set to further enrage investors

Soldiers of fortune fight Boko Haram

Mercenaries engage in battle against the Nigerian terrorist group

Rio Tinto rejects call for iron ore cap

Chief describes as “hare brained” rival’s collusion proposal

PetroChina looks to ‘swap’ Canada assets

Chinese oil major seeks to staunch losses on high-cost deposits

Subsea cable to bring Norway power to UK

Link stretching 730km across North Sea to open by 2021

Shell cuts more North Sea jobs

Unions fight plan for a three-weeks on, three-weeks off work rota

Petrobras scandal prompts builder collapse

Galvão Engenharia breaks under strain of related corruption probe

Hungary bows to EU on nuclear fuel deal

Orban government halves length of Russian supply contract

An oligarch brought to heel

Kiev acts on fears that Igor Kolomoisky amassed too much power

Thermal coal retreats on Japan fears

Contract talks between Australia and big utility companies put traders on edge

Traders target return of $100 US crude

Hedge fund said to have bought options for end-2018

China low on crude oil storage capacity

Reserves build on weak refinery runs and strong buying in 2014

Brazil oil industry knocked by Petrobras

Corruption allegations damp enthusiasm for pre-salt drilling

Fortescue output cap call sparks review

Australian competition watchdog probes Andrew Forrest speech

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