Energy in America

ExxonMobil to drill off coast of Cyprus; Turkey protests

ExxonMobil will search for natural gas off the cost of Cyprus by the end of the year, a top executive said Friday, as Turkey renewed warnings against resource exploration in seas where it says it infringes on its rights and those of breakaway Turkish Cypriots.

Saudi Arabia in discussions on oil refinery in Pakistan

Pakistani authorities say they are in talks with Saudi Arabia to launch several mega projects, including construction of an oil refinery at the country's southwestern Gwadar port on the Arabian Sea coast.

Business Highlights

Rising interest rates send stocks skidding; tech plunges NEW YORK (AP) — Global stocks fell Thursday as interest rates in the U.S. continued to rise.

Judge's ruling may remove roadblock to oil refinery

A North Dakota judge has finalized his recent conclusion that state regulators don't have a say in the site of an $800 million oil refinery being developed near Theodore Roosevelt National Park, potentially removing a roadblock to the project.