Energy in America

GOP states discover a tax hike they have to like: for roads

After passing waves of tax cuts in recent years, some lawmakers in several Republican-dominated states have decided it's time to make a big exception and are pushing for tax increases to fix roads that are crumbling from years of neglect.

Brazil to auction oil camps despite environmental warnings

Documents obtained by the Associated Press show that the administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of Brazil's main environmental body.

JPMorgan Chase and Anadarko Petroleum rise, Netflix stumbles

Stocks that moved substantially or traded heavily on Friday: Anadarko Petroleum Corp., up $14.98 to $61.78 Chevron will buy the rival oil company for $33 billion as it seeks more growth from deep-water exploration in the gulf and in the Permian Basin.

Treasury sanctions Venezuelan business to isolate Maduro

The Treasury Department on Friday targeted four companies and nine ships, including some that transported oil from Venezuela to Cuba, as part of the Trump administration's ongoing efforts to isolate President Nicolas Maduro.

Transmission line for Canadian hydropower to Northeast OK'd

A proposed 145-mile (233-kilometer) transmission line that would serve as a conduit for Canadian hydropower to reach the New England power grid cleared a major hurdle Thursday with approval of the Maine Public Utilities Commission.

China's spreading influence in Eastern Europe worries West

Construction of infrastructure such as power plants, mobile networks and bridges is booming throughout cash-strapped countries in central and eastern Europe thanks to Chinese funding, which has the European Union scrambling to counter Beijing's mounting influence.