Bloomberg ConocoPhillips agreed to buy Concho Resources Inc for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s most prolific oil field. Investors will get 1.46 Conoco shares for each Concho share, the companies said in a statement. The transaction ...

Bloomberg Poland’s largest utility plans to spend 75 billion zloty ($19.4 billion) by 2030 as it aims to become climate-neutral by mid-century. PGE SA seeks to invest half of that amount in renewable energy sources, including offshore and onshore wind as well as solar power plants, it said in a statement. Its 2050 strategy is conditional on a planned spinoff ...

The US election is weeks away and the doomsayers for the UK’s relationship with a post-Trump America are out in force. Joe Biden is “an Irish-American with no particular love for Boris Johnson or Brexit Britain” thundered a Times of London column last week. Other Conservative voices predict that a Democrat victory would be disastrous for the Brits and end ...