Energy in America

An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year.

___ US-China talks break up after US raises tariffs WASHINGTON (AP) — Trade talks between the U.S. and China have broken up with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.

North Dakota is preparing to sue the state of Washington over a new Washington law targeting oil shipped by rail.

Shares were mostly higher in Asia on Friday in volatile trading, with mainland Chinese stocks bouncing more than 3% as regulators apparently stepped in to support the markets.

U.S. stocks slumped with other markets around the world Thursday after China said it would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports.

The federal government wants to reopen over 1.7 million acres (690,000 hectacres) in California to oil and gas drilling that includes fracking on land that has been off-limits since environmentalists sued in 2013.

Chevron won't increase its buyout offer for Anadarko, cutting short a potential bidding war with Occidental Petroleum.

U.S. demand for coal to generate electricity will continue its slide in coming months despite efforts by the Trump administration to prop up the struggling industry, federal officials said Thursday.

The Latest on bidding war for Anadarko Petroleum Corp. (all times local): 4:15 p.m. Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch.

The Latest on the European Union summit in Romania (all times local): 12:30 p.m. Cyprus President Nicos Anastasiades is seeking support from other European Union leaders at an informal summit in Romania against Turkey's bid to drill for hydrocarbons in waters where the Mediterranean island nation has exclusive economic rights.

The threats, while they seem a world away, may have a direct impact on your wallet.

Amid the hum and heat of Berlin's Reuter thermal power station stands a shining contraption that looks out of place in the decades-old machine hall.

The production of oil and natural gas in West Texas is booming but it's coming at a cost to residents who are regularly exposed to unhealthy levels of air pollution, according to a report issued by an environmental group.

The decision paves the way for Occidental Petroleum to acquire the oil and gas driller.

U.S. stocks swung between gains and losses in morning trading on Wall Street Wednesday as investors wait for key trade talks between the U.S. and China to start this week.

The Latest on the United States and Iran (all times local): 6:45 p.m.

The United States is announcing new sanctions on Iran as tensions escalate between Washington and Tehran.

The owner of Three Mile Island, site of the United States' worst commercial nuclear power accident, says it now appears certain it will not get a financial rescue from Pennsylvania and said it will go ahead with a planned shutdown starting June 1.

German industrial equipment and technology supplier Siemens AG says net profit fell 5% in the first three months of the year as the company heads into a major restructuring involving the spinoff of its oil, gas and power generation business.