News Highlights: Top Energy News of the Day

Features Dow Jones Newswires

U.S. Says Some Demands on Qatar Will Be Difficult to Meet

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The U.S. sees a list of demands put forward late last week from Saudi Arabia and other governments to Qatar as a starting point for discussions to end a three-week standoff, though some conditions will be difficult to meet, Secretary of State Rex Tillerson said Sunday.

The Shale Revolution's Staggering Impact in Just One Word: Plastics

Petrochemicals, once simply a cheap byproduct, are powering a U.S. manufacturing boom and export bonanza.

Mountain Pass Mine Approved for Sale to JHL, QVT, Shenghe

A buyout group led by U.S. investors and backed by China's Shenghe Resources Holding Co. Friday won permission to buy a California mine that is the sole U.S. source of elements needed to make electronic devices.

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Oil Prices Up as Bigger Producers Stick to Cuts

Oil prices ticked higher Friday, capping a tumultuous week for a market that continues to be plagued by a global glut.

U.S. Oil-Rig Count Climbs by 11, But Gas Rigs Fall

The number of rigs drilling for oil in the U.S. rose by 11 in the past week to 758, according to oil-field services company Baker Hughes Inc.

Saudi Security Forces Foil Terrorist Attack in Mecca

Saudi Arabian security forces foiled a terrorist attack that was targeting the Grand Mosque in the holy city of Mecca, a Saudi interior ministry spokesman said.

'The Last Battle for Democracy in Venezuela'

Under Nicolás Maduro, a country that had been one of Latin America's wealthiest is having its democratic institutions shredded amid rising poverty and corruption.

Exxon Reports Emissions at Baytown Refinery

Exxon Mobil's Baytown, Texas, refinery reported emissions Friday caused by a hole in a pipe, and said production is slightly affected.

Soft Oil Prices Spare Junk Bonds, for Now

A confluence of market signals show big differences between now and three years ago, when crude's spectacular plunge wreaked havoc on a junk bond market heavily populated by energy borrowers.

(END) Dow Jones Newswires

June 26, 2017 04:16 ET (08:16 GMT)