Colorado regulators approved groundbreaking controls on emissions from oil and natural gas operations after an unusual coalition of energy companies and environmentalists agreed on measures to counter worsening smog.
Woodside Petroleum Ltd., Australia’s second-largest oil producer, plans to buy a quarter of Israel’s biggest natural gas field for as much as $2.6 billion under a revised agreement as demand rises in the Middle East.
Ratio Oil Exploration 1992 LP and Delek Drilling-LP, partners in Israel’s largest natural gas field, advanced on bets they’ll make progress in investment talks with Australia’s Woodside Petroleum Ltd. this week.
Jennifer Stevenson, whose Dynamic Strategic Energy Class Fund has beaten 91 percent of its peers this year, is buying shares such as Trilogy Energy Corp. in a bet on surging North American shale-oil output.
U.S. stocks rose, extending a third monthly gain for the Standard & Poor’s 500 Index, as Hewlett- Packard Co. led a technology rally while data on employment and consumer confidence boosted optimism in the economy.