Bloomberg Crude edged higher as near-record Chinese orders for foreign crude signaled stronger demand in the world’s second-largest economy. Futures climbed 1.2 percent in New York. A rebound in China’s crude imports last month from a one-year low defused some of the pessimism among investors fanned by a US government report earlier this week showing bearish increases in fuel inventories ...

Bloomberg After spending years building up its gas-power business, General Electric Co. is trying to figure out how to keep pace in a world that’s no longer all that interested in fossil fuels. The plan to cut 12,000 jobs, or almost one-fifth of the power division’s global workforce, underscores GE’s bad bet on an old-school industry as natural gas loses ...

Bloomberg Cheniere Energy Inc., looking to help global customers meet climate goals under the Paris Accord, is turning to a former Obama administration energy expert as it expands its liquified natural gas exports. Christopher Smith, who helped develop the US Energy Department’s so-called life cycle emissions analysis for natural gas and coal, has joined Cheniere’s Washington office. The analysis was ...