Energy in America

Germany's state-owned KfW bank is buying a 20 percent stake in electricity grid operator 50Hertz, fending off a bid from a Chinese company.

Energy producer BP has bought BHP Billiton's shale oil and gas assets in the U.S. for $10.5 billion in a deal that will give it access to the fast-growing shale industry.

Italian oil and gas company Eni says second-quarter profits soared on higher oil prices and production.

A steep sell-off in Facebook is leading a slide in technology stocks that weighed on U.S. indexes in early trading Thursday.

Utility giant Pacific Gas & Electric on Thursday reported a nearly $1 billion loss for the second quarter of 2018 due to clean-up, repair and legal costs related to wildfires that raged across Northern California last fall.

A Wisconsin refinery damaged by an explosion and fire earlier this year is not expected to resume operations until 2020.

The head of a prominent U.S. energy trade group says President Donald Trump's tariffs on European steel and Chinese goods pose a multibillion-dollar threat to America's energy industry.

___ Facebook faces a day of reckoning, at least on Wall Street NEW YORK (AP) — The erosion in the value of Facebook as it is perceived on Wall Street involves some staggering numbers.

The Energy Department violated federal law when it tweeted about an opinion column by Energy Secretary Rick Perry urging repeal of President Barack Obama's health care law, a government watchdog said Thursday.

A federal judge has ruled the developer of the Dakota Access oil pipeline has no claim under federal racketeering law for damages against a Dutch environmental group that urged banks not to finance the $3.8 billion project.

Investors will find out if higher oil prices are benefiting Exxon.

A government report is outlining how spy services from China, Russia and Iran are hard at work trying to steal trade secrets and proprietary information from U.S. companies, government labs and universities.

Innovation, fracking and direct access to shale gas is putting America in a place it hasn’t been in 60 years, according to Perry.

Saudi Arabia's state-owned oil company says it's temporarily halting shipments through a strategic Red Sea shipping lane after Yemen's Shiite rebels attacked two tankers the previous day.

Tensions between the U.S. and the European Union over a possible automotive trade war have eased with officials agreeing to hold off on new tariffs and instead engage in talks to break down trade barriers.

The Latest on trade talks between the United States and the European Union (all times local): 8:50 a.m.

Asian shares are mostly lower after President Donald Trump agreed with the EU to hold off on new tariffs.

Authorities and the builder are investigating why a dam in southeastern Laos collapsed earlier this week, killing at least 24 people and leaving 131 missing.

Royal Dutch Shell says it plans to repurchase $25 billion of its stock over the next two years after announcing that second-quarter earnings rose 30 percent as energy prices surged.