Bloomberg Russia will start its first trial of a marketplace to trade carbon credits on the remote Far East region of Sakhalin starting next year, as the world’s largest energy exporter faces criticism for being slow to reduce greenhouse-gas emissions. The goal is to have the region become carbon neutral by 2025, Deputy Economy Minister Ilya Torosov said in an …

Bloomberg Mexican President Andres Manuel Lopez Obrador sent a bill to congress that seeks to give state oil company Petroleos Mexicanos greater control over fuel prices, distribution, imports and marketing, his spokesman said. The proposal would modify the country’s hydrocarbon law to allow the Energy Ministry and main regulator to suspend permits “with the goal of guaranteeing the interests of …

Bloomberg The French government is close to finalising a recapitalisation plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro package could be announced in coming days following final approval from Brussels and the board of parent Air France-KLM, said the people, who asked not to be …