Energy in America

An executive for the Houston-area petrochemical storage facility that was heavily damaged by fire says the company has received hundreds of compensation claims seeking lost wages and other damages.

Carnival Corp. (CCL) on Tuesday reported fiscal first-quarter profit of $336 million.

The Nuclear Regulatory Commission is fining the Southern California Edison utility $116,000 for violations in its handling of nuclear canisters at the shuttered San Onofre Nuclear Generating Station.

Investor concern over the global economy had intensified on Friday after disappointing German and U.S. factory data led to an inversion of the U.S. Treasury yield curve, which some see as a leading indicator of recession.

The Green New Deal, introduced last month by Democrats.

U.S. stocks moved broadly lower in early trading on Wall Street Friday, dragged down by banks and industrial companies.

Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth.

U.S. stocks edged lower in early trading Monday, extending losses from a broad sell-off last week, as new economic data stoked investors' worries over slowing global growth.

A key highway in southeastern New Mexico and another West Texas are getting much-needed upgrades to accommodate the rise in traffic from the region's oil and gas boom.

Chinese President Xi Jinping is on a state visit in France where he is expected to sign a series of bilateral and economic deals on energy, the food industry, transport and other sectors.

The market is now looking ahead to weekly data on U.S. crude inventories.

Officials say efforts continue to drain a tank that is leaking flammable gas following a massive fire at a Houston-area petrochemical complex, prompting the closure of part of the Houston Ship Channel.

The company building a natural gas pipeline from Russia to Germany says it's confident of getting an outstanding permit from Denmark to close the gap on the 1,200-kilometer (746-mile) route.

Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power.

Sri Lanka's government is imposing daily four-hour power cuts as dry weather lowers the output of hydropower plants.

Shares were sharply lower in Asia on Monday after Wall Street ended last week with a broad retreat.

The average U.S. price of regular-grade gasoline shot up 16 cents a gallon (3.8 liters) over the past two weeks, to $2.66.

The Latest on fire damage at a petrochemical storage facility that led to a partial closure of the Houston Ship Channel (all times local): 12:30 p.m. Officials say an emergency dike has been repaired and a damaged petrochemical tank stabilized during cleanup of leaking oil products that closed part of the Houston Ship Channel.

Work has begun on a $3.9 billion oil refinery to be funded by a Singapore-Oman joint venture next to a Chinese-run port in what will be Sri Lanka's largest foreign investment ever.

In a remote stretch of desert in southern New Mexico, the U.S. government set in motion an experiment that, if successful, would prove to the world that radioactive waste could be safely disposed of deep underground.