Oil prices extend decline on growing supplies
Data from the American Petroleum Institute had shown an increase of 2.4 million barrels, according to sources.
Daimler CEO Zetsche hands off to successor amid tech change
Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm as the company faces challenges from the transition to electric cars and digital transportation technologies.
World markets subdued amid trade uncertainty
Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street.
Australian state leader intervenes to approve coal mine
An Australian state government leader has intervened to fast-track a proposed coal mine days after voters rejected tougher action to curb greenhouse gas emissions in a federal election.
Colorado won't halt drilling as it refocuses rules on safety
Colorado officials said Tuesday that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority.
Business Highlights
___ US delay to Huawei ban gives tech sector time to adjust WASHINGTON (AP) — The United States is delaying some restrictions on technology sales to Chinese powerhouse Huawei.
Speedy reactor cleanups may carry both risks and rewards
Companies specializing in nuclear demolition and radioactive waste storage are buying up aging U.S. reactors and promising to decommission them in dramatically less time than their utility owners had planned — eight years instead of 60 in some cases.
Tech rebound powers US stocks higher, snaps 2-day S&P slump
U.S. stocks rallied in morning trading on Wall Street Tuesday after the U.S. government temporarily eased off its proposed restrictions on technology sales to Chinese companies.
Minister: Gas drilling at 8 sites off Cyprus over 24 months
Cyprus' energy minister says energy companies will drill in search of natural gas in waters off the east Mediterranean island nation's southern coast at eight separate sites over the next two years.
Wind developer seeks proposals for whale monitoring system
The developer of a wind farm off Massachusetts is taking steps to protect the endangered North Atlantic right whale.
Politicians are blocking America's offshore energy boom
Blocking energy infrastructure projects deprives workers of good jobs and weakens our energy and national security.
New Zealand crews reenter coal mine 8 years after 29 killed
Crews in New Zealand have reentered an underground coal mine for the first time since a methane explosion killed 29 workers more than eight years ago, raising hopes among family members that they might find bodies and evidence that leads to criminal charges.
Asian stocks mixed after Wall Street fall on Huawei anxiety
A broad slide by technology companies pushed U.S. stocks lower in morning trading on Wall Street Monday, extending losses into another week.
Texas advances bill to stiffen penalties for pipeline damage
A bill that would stiffen penalties for those who damage or trespass around oil and gas operations is advancing through the Texas Legislature.
Tariffs have varying fallout in trade-heavy Washington state
President Donald Trump's trade war with China is having some complicated effects in Washington, one of the nation's most trade-dependent states.
OPEC signals continued cuts amid rising US tensions with Iran
Outlook for oil
Oil touches multi-week highs as OPEC signals may extend cuts
OPEC, Russia and other non-member producers, an alliance known as OPEC+, agreed to cut output by 1.2 million barrels per day (bpd) from Jan. 1 for six months to try to prevent inventories from increasing and weakening prices.
Spain: 4 arrests in Venezuelan money laundering probe
Spanish police say they have arrested four people as part of a judicial probe into a money laundering racket allegedly involving funds coming from Venezuela's state-run oil company PDVSA.
Rising tensions in Iran lead to oil prices spike
Oil outlook
World shares mixed with no easing of China-US trade dispute
Shares were mixed in Asia on Monday, with India and Australia leading gains for the region following elections that looked set to keep incumbents in office.















