Energy in America

Business Highlights

___ Federal Reserve foresees no interest rate hikes in 2019 WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged and projected no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.

Sri Lanka to get $3.9B oil refinery next to Chinese-run port

Officials in Sri Lanka say a Singapore-based company and the government of Oman have pledged to build a $3.9 billion oil refinery next to a Chinese-controlled port that will be the largest foreign investment ever for the Indian Ocean island nation.