News Highlights: Top Energy News of the Day

Features Dow Jones Newswires

Gas Prices Jump Amid Storm-Related Refinery Closures

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Gasoline futures continued to soar on the back of U.S. refinery and pipeline shutdowns caused by Hurricane Harvey.

Banks Again Lower Oil-Price Expectations

Banks have cut their forecasts on oil prices for a fourth consecutive month as their analysts brace for further supply when OPEC's agreement to cap output ends next year.

Report Shows Hazard Posed by Damaged Chemical Plant

More than one million people live within the path of airborne danger in a worst-case scenario release of a chemical stored at Arkema's Houston-area plant, according to a company risk-management plan filed to the federal government in 2014.

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Port Houston Container Terminals to Resume Operations Friday

The Port of Houston is reopening to ships Friday, a week after closing in advance of Hurricane Harvey.

Gasoline Prices Jump in Harvey's Wake

Fuel prices at the pump hit a two-year high after the owner of the largest pipeline in the U.S. reported that shipments are being sharply curtailed.

As Harvey Wreaks Havoc, European Refiners Set to Benefit

As Tropical Storm Harvey continues to run roughshod over U.S. refineries, threatening fuel shortages across America, gasoline producers in Europe are sizing up a potential windfall.

U.S. to Block Potential Russian Move Into American Energy

The Trump administration is worried that Russia state-owned oil giant Rosneft could gain control of critical U.S. energy assets owned by Venezuela's Citgo.

Georgia Power Wants to Press Ahead With Nuclear Plant Despite Rising Costs

Georgia Power told state regulators it wants to continue the Vogtle nuclear power plant expansion in spite of sharply higher estimates of the cost to complete the project.

Danish Energy Company Is Turning the Page on Oil and Gas

A company whose name stands for Danish Oil and Natural Gas is getting out of both businesses, part of a broader plan to cut its exposure to fossil fuels and produce energy primarily from renewable sources.

Natural Gas Prices Settle Higher, Capping Best Month Since March

Natural gas prices settled higher after government data showed that the glut of gas in storage is nearly gone.

(END) Dow Jones Newswires

September 01, 2017 07:15 ET (11:15 GMT)