Russia, China ink framework deal on second major gas supply deal

(Reuters) - Russia and China signed a framework agreement on Sunday for a new gas deal, just months after the two sides sealed a long-awaited supply agreement worth up to $400 billion, part of President Vladimir Putin's strategy to bolster ties with Beijing.

British Gas owner Centrica in talks to buy shale fracking stake

The British Gas owner Centrica is in talks with Britain's leading fracking company about buying a stake in its most promising acreage just months after playing down the prospects for shale gas.

Rising gas prices crimp Americans' spending

WASHINGTON (AP) — Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months.