News Highlights: Top Energy News of the Day

Features Dow Jones Newswires

Oil Prices Rise After NYC Explosion

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Oil prices were higher as an explosion in one of New York City's busiest transit hubs and expectations that cold weather will increase demand for fuel helped lifted prices.

China's Clean Energy Future Has a $1.2 Trillion Problem

China is pushing hard to dominate new energy industries and clean up terrible air pollution. Too bad about all that coal-power debt.

Electric-Vehicle Bulls Shake Up Metals Markets

Investors are scooping up a wide range of metals and mining stocks, betting that electric vehicles will transform commodity markets. Some, though, wonder how the rally might end.

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Mexico's Pemex Says Oil Prices, Competition Kept Potential Partners Away

Mexican state oil company Petróleos Mexicanos said Friday that moderate oil-price forecasts and competition from Brazil were partly to blame for the dearth of interest in teaming up on a deep-water project in the Gulf of Mexico.

U.S. Oil-Rig Count Rises in Latest Week

The number of rigs drilling for oil in the U.S. rose by two this week, to 751, Baker Hughes, a GE company, reported.

Big Oil Backs Away From a Former Industry Darling

Angola was once a magnet for the world's biggest oil companies, drawing billions of dollars in investment from BP, Exxon Mobil and others. Now, foreign companies have all but given up on new ventures there.

Russia Skirts U.S. Sanctions With $27 Billion Arctic Gas Plant

Russia is launching Yamal LNG, a $27 billion Arctic gas project that is a symbol of its efforts to overcome Western sanctions and strengthen ties with China.

BASF Agree Oil-and-Gas Merger with DEA

Germany's BASF has agreed to merge its oil-and-gas subsidiaries with rival DEA.

Japan Missile Plans Put North Korean Bases Within Range

Japan plans to make its first purchase of missiles that could target North Korean military bases from long distance, a major military upgrade as a rising nuclear threat from Pyongyang sparks a regional arms race.

Mine the Gap: More Women Embrace Mining Careers

More women are heading to remote mines, as big companies diversify their workforces and technology transforms the industry. The payoff: Safer, more productive mines.

(END) Dow Jones Newswires

December 11, 2017 11:15 ET (16:15 GMT)