Bloomberg Perenco is in talks to become the main operator in one of four oil and gas producing blocks in Ivory Coast, according to two people familiar with the matter. The Anglo-French oil company is seeking to buy a controlling stake in block CI-11, currently operated by a consortium that includes the state-run company Petroci, which has a 68% stake. ...

The last two US presidents repeatedly stretched the powers of their office to set policies that Congress had refused to enact. Instead of following their example, President-elect Joe Biden should work with Congress to bring the branches of the federal government to a better balance. President Barack Obama’s most controversial executive actions were his unilateral decisions to grant work permits ...

China’s next move to open up its commodities markets may be a step change. As of Thursday, overseas investors will be able to trade copper futures on the Shanghai International Energy Exchange. It’s not the first such product: A yuan-denominated crude oil contract, launched in March 2018, has been modestly successful. A subsequent push to let foreigners trade iron ore ...