The Wall Street Journal
Energy
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China's Ministry of Commerce said Thursday that a monthslong investigation had revealed that U.S. support for six clean energy projects violated World Trade Organization rules and acted as barriers to trade.
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An Indian ministerial panel, led by Finance Minister Pranab Mukherjee, will meet Friday to consider whether to raise the prices of diesel and cooking gas, two government officials said.
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CEO Jeff Immelt said the conglomerate's industrial profit margin may not grow as much as expected this year, although he vowed that the difference will be made up in 2013.
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Chesapeake is ramping up drilling on the Utica Shale, a promising but unproven oil field, at a time when the embattled natural-gas giant is under financial stress and facing heightened scrutiny from investors.
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BP agreed to add $400 million in pollution controls at its refinery in Whiting, Ind., to address environmental concerns about an expansion of the facility.
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