Energy Markets News
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Oil rose for the first time in seven days in New York as China pledged to boost the nation’s economy and Goldman Sachs Group Inc. said the balance between the supply and demand of crude is tightening.
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U.S. Nuclear Regulatory Commission Chairman Gregory Jaczko said he is resigning after lawmakers, colleagues and the agency’s independent watchdog criticized his management style and his dealings with female employees.
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President Vladimir Putin retained key ministers in Prime Minister Dmitry Medvedev’s new Cabinet, keeping control over the levers of power during what he called a challenging time for the global economy.
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Oil and gas companies drilling in the U.S. Gulf of Mexico may need to pay millions of dollars for improvements to safety valves on the seabed floor they hope never get used.
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