Energy in America

Business Highlights

___ Trade war escalates as China announces tariffs on US imports BEIJING (AP) — China announces retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals.

Cyprus, Egypt set to sign deal for offshore gas pipeline

Egypt's oil minister says Europe stands to gain from an agreement his country will sign with the Mediterranean island nation of Cyprus to pipe offshore natural gas to processing plants in Egypt where it will be liquefied for export.

Feds allow Atlantic Coast pipeline construction to resume

Federal officials will allow construction to resume on the Atlantic Coast pipeline, weeks after work was halted when a federal appeals court threw out two key permits for the 600-mile (965-kilometer) natural gas pipeline.