Bloomberg Glencore Plc is close to a $1 billion deal to buy Chevron Corp.’s southern African assets, potentially scuppering an earlier agreement with China Petroleum & Chemical Corp., according to three people familiar with the matter. The Switzerland-based miner and trader will complete the deal within the next six weeks, said one of the people who asked not to be ...

Bloomberg Just weeks after the Federal Energy Regulatory Commission launched a sweeping review of its natural gas pipeline policy, its members are again split on the extent to which they should take climate change into account. In the latest clash, the commission’s Republican members voted to dismiss an environmental group’s challenge to Dominion Energy Inc.’s New Market gas pipeline in ...

Bloomberg China will cut the import duty on passenger cars to 15 percent, further opening up a market that’s been a chief target of the US in its trade fight with the world’s second-largest economy. The Finance Ministry said the levy will be lowered effective July 1 from the current 25 percent that has been in place for more than ...