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Energy Headlines

Bunge touches 22-month high as consolidation talk swirls

Shares of Bunge Ltd touched a 22-month high on Wednesday, signaling investors' hopes for consolidation in the commodities sector even after the U.S. agribusiness said it was not in M&A talks with the agricultural unit of Glencore Plc .

Bunge says not in talks with Glencore following approach

U.S. grains trader Bunge Ltd said on Tuesday it was not in talks with Swiss mining and commodities group Glencore Plc , after the latter said it had made an informal approach to discuss "a possible consensual business combination."

Noble Energy to sell 50 percent stake in Cone Gathering

Noble Energy Inc said it would sell its 50 percent stake in privately-held Cone Gathering LLC to Quantum Energy Partners for $765 million in cash, as the U.S. oil and gas producer looks to shift its focus to low-cost drilling in oil-rich basins.


Vermont governor snuffs legal pot, tells lawmakers to 'get it right'

Vermont's governor on Wednesday halted, at least temporarily, efforts to become the ninth state to legalize the recreational use of marijuana, but offered to work with state legislators to resolve what he cited as the bill's shortcomings.