Valero Energy Corp. VLO +8.79% rose 7.6% after the U.K.'s Daily Mail published an unsourced report that said Royal Dutch Shell RDS.A +1.17% and Reliance Industries could be planning to buy the independent refiner.
Cheniere Energy LNG +62.91% vaulted 71% on a deal with BG Group to export liquid natural gas.
Reuters reports a short suspension in Italian Parliament after fist fights break out as the chamber is debating changes to Italy's generous pension system. Yesterday, Umberto Bossi said "People will kill us," if pensions were touched. Apparently, he was not kidding.