Energy in America

Oil prices fall as data shows big build in US inventory

Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world's largest oil consumer, and as pressure mounted on OPEC to increase supply.

FirstEnergy agrees to $306M refund to Ohio customers

Akron-based FirstEnergy Corp., one of the largest public utility holding companies in the U.S, announced Monday it had reached a settlement with the Ohio Consumers' Counsel and other groups to refund its Ohio customers and lower their rates by a total of $306 million for having collected significantly excessive profits.

Russia, China leaders glaringly absent from COP26 climate summit

Russian President Vladimir Putin and Chinese President Xi Jinping are not among the world leaders in attendance at the COP26 climate summit in Glasgow, Scotland, this week, raising questions among attendees regarding their commitment to lowering greenhouse gas emissions.