The obscure regulation that could lead to $400 oil
Oil crisis looming?
Japan pledges to reduce plutonium, but doesn't say how
Japan's nuclear policy-setting panel has approved a revised guideline on plutonium use, putting a cap on its stockpile and pledging to eventually reduce it to address international concern.
BP gets Q2 boost from higher oil prices; earnings quadruple
Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production.
Puerto Rico reaches deal to restructure $3B of power debt
Puerto Rico's government has reached a deal with a bondholder group to restructure more than a third of the debt owed by its troubled power company as the utility moves toward privatization.
Business Highlights
___ CBS keeps Moonves in place during sexual misconduct inquiry NEW YORK (AP) —CBS will keep CEO Les Moonves in place during an investigation of sexual misconduct charges against him, the company said.
Georgia jet fuel tax halted, months after Delta, NRA fight
Georgia's governor has made good on his vow to restore a jet fuel tax cut that had been controversially killed by state GOP lawmakers irate over Delta Air Lines' decision to cut ties with the National Rifle Association.
Asian markets mixed ahead of Bank of Japan policy statement
Technology stocks continued to fall in early trading on Monday, following up on their sharp losses at the end of last week.
Report: Keystone XL would have no major impact on Nebraska
A new planned route for the Keystone XL pipeline through Nebraska would not have a major impact on the state's water, land or wildlife, according to an updated environmental study produced by the Trump administration.
Group aims to help resolve Dakota Access protest warrants
An organization formed to provide legal help to opponents of the Dakota Access oil pipeline is launching an effort to help protesters with criminal warrants resolve their cases.
Utility wants federal judge to stop rate cuts over reactor
A utility in South Carolina is preparing to tell a federal judge why customers should keep paying for the multi-billion-dollar failure of its nuclear project.
In Iran, economic worries grow as new US sanctions loom
Iran's currency has dropped to a record low ahead of the imposition of renewed American sanctions, with many fearing prolonged economic suffering or possible civil unrest.
The Latest: Legislators: Utility knew of woes before new law
The Latest on a hearing over failed nuclear plants in South Carolina (all times local): 11:25 a.m.
Is $120 oil possible?
Oil headed to $120?
Australian minister visits East Timor to repairs relations
Australia's foreign minister is visiting East Timor to repair bilateral tries after a bitter dispute over oil and gas revenue.
Average price of US gas slips 3 cents, to $2.91 a gallon
The average price of regular-grade gasoline in the U.S. fell 3 cents over the past two weeks to $2.91.
1 year after nuclear plants abandoned, fallout continues
In the 12 muddled months since the abandonment of two South Carolina nuclear reactors that never produced a watt of power, only one thing seems certain: it will take a lot of litigation to untangle the mess.
Plan for $4.5B wind farm scrapped after regulator's denial
A utility says it's dropping plans for what would have been the largest wind farm in the country after regulators rejected the $4.5 billion project.
National rig count up by 2 to 1,048; Louisiana loses 4
The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 1,048.
Exxon profit surges, just not enough
Profit at Exxon Mobil Corp. surged on rising prices, but not enough for investors who are selling off shares in early trading.
Mexico president-elect: $16 billion to boost oil output
Mexico's president-elect has announced an $18 billion investment plan to boost flagging oil production, refinery capacity and electrical generation.









