ENERGY

An attempt to fly the Solar Impulse 2 around the globe is delayed until April 2016 as engineers replace overheated batteries.

The Saudi Arabia-led oil cartel said it expects world oil demand to grow by 1.34 million barrels per day in 2016.

Since June 1, forward prices for Brent January 2017 delivery have fallen by $6.5 per barrel to around $63.40.

Developments in Iran, China, the U.S. and Greece combined to hammer global crude oil prices.

Iranian officials say the country's oil exports could reach 2.3 million barrels a day should the West remove sanctions.

Japan has found itself increasingly reliant on imported fossil fuels since it shuttered its nuclear reactors after the Fukushima disaster.

Beijing has promised to drastically reduce its level of carbon emissions within 20 years.

The San Francisco solar company filed for its initial public offering amid falling solar costs and rising U.S. demand.

Solar, wind and other "clean power" technologies will draw $8 trillion in investment by 2040, nearly double the amount for fossil fuels, BNEF forecasts.

Russia will not own Greece's section of the pipeline, but it will assist in financing the $2.3 billion project.

Plunging costs and growing climate-change concerns will propel countries and companies to install 55,000 megawatts in solar projects this year.

“Our plan is to seriously expand economic and technical ties with Russia,” a high-ranking energy official in Iran said.

The IEA urged governments to require industry, buildings and the transport sector to increase energy efficiency, reduce the use of coal and ban the construction of new coal-fired plants.

The Kori No. 1 reactor became operational in 1978 and was recently approved to run until 2017, but environmentalists have warned of safety concerns.

The plan, which calls for removing spent fuel and cleaning contaminated water, is expected to take place over 30 to 40 years.

The International Energy Agency raised its forecast for global oil demand growth, citing low oil prices, economic recovery and a relatively cold winter.

The world's largest private-sector coal company, Peabody Energy, is preparing to cut 250 jobs across the United States.

OPEC oil ministers are expected to hold the line on oil production at this week's summit in Vienna.

The Solar Impulse 2 has so far traveled from Abu Dhabi to China powered only by the sun, but Monday's delay raises concerns that the Atlantic storm season could jeopardize the mission.

After a volatile day of trading, U.S. stocks closed pretty much where they opened.

Saudi Arabia will enter the next oil cartel meeting in a position of strength, touting its policy of keeping production levels high.