Energy in America

Turkish-Iranian gold trader pleads guilty, set to testify

Jurors are set to hear opening statements in the criminal trial of a Turkish bank executive, while questions are swirling about his onetime co-defendant, a wealthy Turkish-Iranian gold trader whose arrest caused a diplomatic stir.

Business Highlights

___ Tax bill advances, final Senate vote uncertain WASHINGTON (AP) — A key Senate committee advanced a sweeping tax package to the full Senate on Tuesday, handing Republican leaders a victory as they try to pass the nation's first tax overhaul in 31 years.

Bobby Rahal 1st team owner to commit to Jaguar I-PACE Series

Rahal Letterman Lanigan is the first team to enter Jaguar's I-PACE eTrophy Series, which will run next year as part of a support series to Formula E. The Jaguar series will coincide with the Formula E schedule during the 2018-19 season that begins next December.

2 Gulf oil ministers mum on issue of oil production cuts

Energy ministers from both Saudi Arabia and the United Arab Emirates dodged questions Tuesday about whether OPEC will extend the cartel's oil production cuts, saying the decision will come at a planned meeting in Vienna later this week.

Business Highlights

___ Who's in charge? 2 fight for control of US consumer watchdog WASHINGTON (AP) — Dueling acting directors are fighting for control of the Consumer Financial Protection Bureau, with one selected by President Donald Trump and the other hand-picked by the outgoing director.

TransCanada to restart Keystone pipeline on Tuesday

The Keystone crude oil pipeline will restart at reduced pressure on Tuesday, TransCanada said, nearly two weeks after closing the line after it leaked 5,000 barrels of crude in rural South Dakota.

NC regulator: Can Duke Energy charge all coal ash costs?

Charging North Carolina consumers the full, multibillion-dollar cost of cleaning up coal ash dumps is comparable to tire stores charging customers an extra fee to dispose of an old set of wheels, a Duke Energy Corp. executive said Monday.