Mexico official says former Pemex chief was sanctioned
The head of Mexico's financial intelligence unit says that a former executive at the state-owned oil company who was sanctioned this week by the comptroller's office is Pemex's former director Emilio Lozoya.
Summer gas prices: What to expect at the pump
With summer-kickoff Memorial Day weekend driving expected to be at near-record levels, what will it mean for gas prices?
World shares sink as US-China spat takes center stage
Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes.
Asian shares slip as US-China spat takes center stage
Banks and retailers pushed the market broadly lower in morning trading on Wall Street Wednesday.
Oil loses about 2% on swelling US stockpiles, demand worries
U.S. crude inventories swelled by 4.7 million barrels in the latest week to their highest since July 2017 at 476.8 million barrels
Mexico president says government will help Pemex until 2021
Mexico President Andrés Manuel López Obrador says his government will support the state-owned oil company with all the budget it needs and tax relief until 2021.
Saudi Aramco to buy liquid natural gas from US company
Saudi Aramco will begin buying liquid natural gas from a U.S. company under a 20 year agreement.
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.















