Energy in America

Business Highlights

___ Trump celebrates after Congress wraps up massive tax package WASHINGTON (AP) — President Donald Trump cheered a massive overhaul of U.S. tax laws Wednesday, saying "we broke every record."

Trump orders boost in production of critical minerals

President Donald Trump on Wednesday ordered the government to boost production of critical minerals used for manufacturing everything from smartphones to wind turbines and cars, raising the prospect of more mining.

Shell, Eni face corruption charges in corporate bribery case

A judge in Milan has ordered the current and former CEOs of the Italian oil giant Eni to face trial on corruption charges for the alleged payment of bribes over the $1.1 billion sale of one of Africa's richest oil blocks in Nigeria.

Zinke: US reliance on foreign minerals a security risk

The United States is reliant on China and other nations for the overwhelming majority of critical minerals used for manufacturing everything from smartphones to wind turbines and cars, a new federal report says.

Shutdown starts for coal-fired plant serving US southwest

The first of two units to be shut down at a coal-fired power plant that has been serving customers throughout the American Southwest for decades is no longer in operation, officials with New Mexico's largest utility said Tuesday.

Saudi Arabia heralds biggest spending plans yet amid deficit

Saudi Arabia has announced the biggest budget in its history, announcing expenditures of 978 billion riyals ($261 billion) this coming fiscal year as the government forecasts a boost in revenue from the introduction of a sales tax and plans to lift subsidies further.