Bloomberg The world is growing more complacent about efforts to squeeze down the use of energy. That’s the signal coming from an International Energy Agency report (IEA), which found the smallest improvement in efficiency in a decade after demand for fuels of all kinds grew more strongly in 2017. The report is a blow to policymakers seeking to ratchet back ...

Bloomberg MEG Energy Corp. rejected a C$3.05 billion ($2.34 billion) hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets. MEG announced its rejection of the offer, which it said undervalued the company. MEG is seeking to draw out other potential buyers who may ...

Bloomberg A Chinese push to conclude a new Asia-wide trade agreement this year is running into opposition from India fed partly by concerns over the fallout of Beijing’s deepening trade war with the US. The 16-country Regional Comprehensive Economic Agreement (RCEP) is the Beijing-backed rival to the Trans-Pacific Partnership (TPP), a vast regional pact once led by the US that ...