The agency tasked with giving approval for Shell’s deep-water drilling off Canada’s coastline includes a UK Tory-appointed official who worked for Shell for decades, it has emerged. [The Guardian]

The European Union is working on a political agreement that would establish future energy deals in Iran, according to latest reports. [Bloomberg]

The Coca-Cola Company is years ahead of schedule in its efforts to replace the water that it uses around the world to make its beverages, it announced on Tuesday. [The NY Times]