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New Motiva CEO says no decision yet on expansion

Motiva Enterprises' [MOTIV.UL] new Chief Executive Officer Brian Coffman said on Friday that no decision has been made on how to spend $18 billion corporate parent Saudi Aramco [IPO-ARMO.SE] has pledged for expansion.

At energy summit, climate pits U.S. against Europe

The U.S. energy secretary blasted renewable fuels champions on Wednesday while the head of Royal Dutch Shell Plc urged the energy sector to focus on global efforts to cut carbon emissions, reflecting a yawning trans-Atlantic gap on climate issues.

BHP says will consider asset swaps as part of shale exit

Global miner BHP will consider swapping certain onshore oil and gas assets with competitors' offshore assets, as part of its effort to exit U.S. shale formations, Steve Pastor, BHP's president for petroleum operations, said on Wednesday.

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