Low tides, high winds spur nuclear plant to reduce power
The nation's oldest operating nuclear plant has reduced its power after unusually low tides and high winds impacted the water levels in its intake canal.
Dominion-SCANA merger could mean pipeline expansion
Both supporters and opponents of the Atlantic Coast Pipeline say Dominion Energy's proposed merger with a South Carolina energy company could open the door to making the natural gas project even bigger.
Saudi king orders payouts, bonuses to soften price hikes
Saudi Arabia's King Salman has authorized a range of bonuses and payouts for citizens, including a monthly payment of 1,000 riyals ($267) for civil servants for the coming year.
Business Highlights
___ US employers closed out 2017 with modest but steady hiring WASHINGTON (AP) — The December jobs report suggests that the economy has entered the new year on solid footing.
Alaska may open up again for oil leasing, but risks linger
President Donald Trump's plan to open America's oceans to petroleum drilling drew condemnation from West Coast and Florida governors but was welcomed in the state where most lease sales could be held.
'Bomb cyclone,' freezing temps lead to fear of spiking energy prices
The “bomb cyclone” that blasted much of the Northeast with dangerous frigid conditions is raising fears of spiking energy prices.
Tech stocks climb for fourth day as New Year rally continues
Technology and transportation companies are climbing as U.S. stocks rise for the fourth day in a row to start 2018.
US rig count down by 5 to 924
The number of rigs exploring for oil and natural gas in the U.S. declined by five this week to 924.
Q&A: Plan to expand offshore drilling draws cheers, jeers
The energy industry is cheering the Trump administration's proposal to open nearly all U.S. coastlines to offshore oil and gas drilling, saying it will reduce U.S. dependence on foreign supplies and create jobs.
California has ample weapons to fight Trump on drilling
In the decades since a 1969 oil spill near Santa Barbara tarred sea-life and gave rise to the U.S. environmental movement, politicians and environmental activists have built up ample ways to make it difficult but not impossible for the Trump administration to renew drilling off California's coast.
Trump administration planning to expanding offshore drilling
Offshore drilling expansion
ONEOK Inc. plans to build $1.4 billion natural gas pipeline
An Oklahoma natural gas liquids company has announced plans to create a $1.4 billion pipeline system from eastern Montana to the company's existing facilities in central Kansas.
Exxon Mobil Corp. finds more oil in deep waters off Guyana
Exxon Mobil Corp. is reporting another significant oil discovery in deep Atlantic Ocean waters off Guyana.
Dow breakthrough buoys markets despite mixed US jobs report
Asian stock markets rose Friday after the Dow Jones industrial average finished above 25,000 for the first time.
US trade deficit hits $50.5 billion, biggest since 2012
The U.S. trade deficit rose to $50.5 billion in November, the largest imbalance in nearly six years, as imports and exports both hit records.
China tightens North Korea trade limits under UN sanctions
China has tightened restrictions on trade with North Korea under U.N. nuclear sanctions, imposing a cap on oil supplies to the North and banning imports of its steel and other goods.
Eurozone inflation falls despite thriving economy
Official figures show inflation across the 19-country eurozone dipping modestly in December largely because of a moderation in the growth of energy price rises.
Trump moves to vastly expand offshore drilling off US coasts
The Trump administration on Thursday moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the California coast for the first time in more than three decades.
Asian stocks up as Dow breaks record, Koreas agree to talk
The Dow Jones industrial average is trading above 25,000 points for the first time early Thursday, breaking another 1,000-point milestone.
California has ample weapons to fight Trump on drilling
California Gov. Jerry Brown and other West Coast governors say the Trump administration's opening of federal waters to offshore drilling is "reckless and short-sighted."












