Energy giants edge towards gender equality

Gretchen Watkins, the former CEO for Maersk Oil, is expected to begin overseeing energy giant Royal Dutch Shell's growing U.S. business, Bloomberg reports.

Why it matters: This is the latest development for female executives being promoted to "oversee marquee U.S. assets," after the oil industry has been largely dominated by men. There's still a long way to go, however, as 80% of industry workers are men and there's a significant wage gap.