Some companies hope to get a boost from millions of people traveling in the U.S. to see Monday's once-in-a-century solar eclipse.
Under the deal, Total will transfer 97.5 million shares, or about 3.8 percent of its equity, to Maersk.
CNBC's Jackie DeAngelis reports the latest action on oil prices ahead of Friday's rig count.
German Chancellor Angela Merkel criticised her predecessor, Gerhard Schroeder, on Monday for taking a new job at Russian oil producer Rosneft
Bankrupt Texas utility Energy Future Holdings will drop a deal to sell Oncor to Berkshire Hathaway.
Denmark's A.P. Moller-Maersk said Monday it had agreed to sell its oil and gas division, Maersk Oil, to French oil major Total SA for $7.45 billion.
Russia's largest oil producer Rosneft said on Monday it had successfully closed a deal to buy a 49 percent stake in Indian private refiner EOL.
Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren Buffett's Berkshire Hathaway.
Oil prices fell on Monday, pulling back from last week's rally fueled by signs that the global market is starting to rebalance.
The solar eclipse will significantly diminish solar capacity for a couple of hours, prompting the solar industry to set up a complex back-up system of other power sources, Vox reports.
Carl Icahn resigned from a role as special advisor on regulation to Trump ahead of an article detailing potential conflicts of interest.
CNBC's Bob Pisani looks at the day's market action, including energy and biotech.
While millions of Americans are watching the total solar eclipse, utilities will be managing a sharp drop in solar power.
Oil prices rose on Friday as the stock market strengthened and the U.S. dollar weakened.
Oil prices rose on Thursday on expectations of a hefty stockpile draw at the U.S. oil storage hub at Cushing, Oklahoma.
U.S. crude prices are likely capped at $60 a barrel through 2022, but could rise above $70 and fall below $40, Citi said in a research note.
The Three Mile Island nuclear power plant will shut down in 2019 unless Pennsylvania or a regional grid operator intervenes.
The business will help deliver the 453 megawatt Coopers Gap Wind Farm.
CNBC's Jackie DeAngelis reports on how nuclear gas prices are affecting other sources of energy in the U.S.
The largest railroad in the U.S. continues to cut costs, this time by laying off about 8 percent of its workforce.
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