TRIPOLI / Reuters The head of Libya’s UN-backed government held a rare meeting with the head of the National Oil Corporation (NOC) and the governor of Tripoli’s central bank to discuss funding to raise oil production. Relations between the three institutions have been fractious over the past two years due to stand-offs over public spending and funding for NOC. Ties …

Bloomberg Almost all coal plants in the European Union will be outspending their income by the end of the next decade, relying on subsidies to stay open to back up wind and solar generation. About 54 percent of the region’s plants already fail to break even, according to a report by London-based Carbon Tracker Initiative. The facilities are kept online …

Bloomberg Exxon Mobil Corp is joining Chevron Corp and other US refiners to supply the newly free Mexican fuel market. Exxon sent two cargoes totalling 120,000 barrel of diesel and gasoline from its refinery in Beaumont, Texas, to a private terminal in San Luis Potosi. The company is moving cargoes along Kansas City Southern Railway Co.’s network and plans to …