BLoomberg Malaysia’s state-owned energy company Petroliam Nasional Bhd signed an agreement to study two oil fields in Iran, joining international companies from Russia to France that plan to help boost the Persian Gulf nation’s oil and gas production. Petronas signed a memorandum of understanding to assess the South Azadegan and Cheshmeh Khosh oil fields, Gholam-Reza Manouchehri, deputy director of ...

  Bloomberg Exxon Mobil Corp.’s offer to raise its bid for InterOil Corp. to as high as $3.9 billion isn’t enough to pacify the deal’s most prominent opponent. InterOil founder Phil Mulacek, who left in in 2013 and remains the third-largest shareholder, said Exxon still isn’t offering shareholders full value for InterOil’s hydrocarbon reserves in Papua New Guinea. Exxon last ...

  Bloomberg Those looking for a bright spot in the global warming picture might want to pay closer attention to India. For several years, demand for electricity in the world’s second-most populous country has trailed forecasts, data compiled by India’s Central Electricity Authority show. While the reasons for the mismatch are complex, the gap raises the prospect that India won’t ...