Bloomberg The European Union’s most coal-reliant country has a controversial new strategy for its 400 billion-euro ($456 billion) green push: bulk up the Polish state oil company and let it lead the transformation. Poland announced plans to build an energy champion with the financial heft to drive the overhaul by combining refiner PKN Orlen SA and gas group PGNiG SA. …

Bloomberg Chevron agreed to buy Noble Energy Inc for about $5 billion in shares. The takeover is the first major deal since the coronavirus triggered a severe oil slump. It’s a clear vote of confidence in the future of the US shale industry even as it struggles to adapt to lower crude prices. “Our strong balance sheet and financial discipline …

Bloomberg Airbus SE called for increased UK investment in sustainable aviation to supplement budgets strained by the coronavirus crisis and help safeguard the country’s position as a major player in the industry. Chief Executive Officer Guillaume Faury, speaking on a panel on Monday for the virtual Farnborough Air Show, said Britain has put advances in decarbonisation and digitisation high on …