TOKYO/KUALA LUMPUR / Reuters Malaysian state energy company Petroliam Nasional Bhd, or Petronas, signed a three-year liquefied natural gas (LNG) supply agreement with JERA Co, with smaller volumes and for a shorter period than its previous deal with the biggest LNG buyer in Japan. JERA, the fuel purchasing joint venture between Tokyo Electric Power and Chubu Electric Power, will buy …

Bloomberg Venezuela’s biggest market for crude sales — the US — is becoming a harder and harder place for the socialist nation’s oil producer to do business as sanctions and diminishing quality controls discourage would-be buyers. Oil sales to US buyers have fallen for two straight months and now are 56 percent lower than their 2016 average, according to ship-tracking …

Bloomberg The UK’s subsidy ban for new onshore wind farms could tack 1 billion pounds ($1.3 billion) onto power bills over five years by eschewing one of the cheapest forms of clean energy. Generating power from new onshore wind farms would be 100 million pound a year cheaper than doing so from new nuclear reactors or biomass plants, and at …