Germany energy giant E.ON has officially separated its fossil fuel assets into a new company, dubbed Uniper. [The Guardian]

Oil prices quickly gave back early gains to close lower on Monday after investor concerns about Middle East tensions gave way to a continued focus on weaknesses in global economies. [The NY Times]

New Jersey is in position to generate more power from offshore wind turbines over the next few years than neighboring states, according to a report released by an environmental group Monday. [NorthJersey.com]