Bloomberg Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp planned when it dipped its toes in liquefied natural gas trading. Yet that’s exactly how it turned out, as the Japanese industrial giant capped off its five-year misadventure in LNG by paying ENN Ecological Holdings Co $806 million to take its interest in a US ...

Bloomberg The oil fields of West Texas don’t sit still for long. Take Carrizo Oil & Gas Inc.’s operations, for instance. Just three months after moving drill rigs out of the Permian Basin because of pipeline shortages, the Houston-based explorer is already talking about bringing them back in the middle of next year. That’s one of several signs the end ...

Bloomberg Almost two years after Exxon Mobil Corp removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil Ltd unit is investing again, saying low Canadian crude prices that scared off the other majors make it a perfect time to build. Imperial Chief Executive Officer Rich Kruger puts the rationale for the C$2.6 billion ($2 billion) Aspen ...