News bites: Energy Dept. to auction Fisker loan, promise and peril for coal, and more

The New York Times reports from Africa that oil-rich nations there are demanding better deals with Chinese companies that have aggressively sought to develop the continent’s resources.

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“China wants Africa’s oil as much as ever. But instead of accepting the old terms, which many African officials call unconditional surrender, some cash-starved African states are pushing back, showing an assertiveness unthinkable until recently and suggesting that the days of unbridled influence by the African continent’s mega-investor may be waning,” the Times reports.

The Oklahoman
reports that Chesapeake Energy has axed its natural gas vehicle team as part of a broader corporate reorganization.