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News Highlights : Top Energy News of the Day

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06/19/2019 | 04:16pm EDT
U.S. Crude Oil and Fuel Inventories Decline 
 

U.S. inventories of crude oil fell more than expected last week, while stockpiles of gasoline and diesel fuel also declined, according to data released Wednesday by the Energy Information Administration.

 
Oil Turns Higher on Large Decline in U.S. Supplies 
 

Oil reversed earlier declines to trade modestly higher after weekly EIA data on U.S. oil inventories notched its first sizable decline in six weeks.

 
Suspected Iranian Oil Caught in Sanctions Trap 
 

With U.S. sanctions on Iran bearing down, Italian oil giant Eni rejected a cargo of crude that bore the hallmarks of Iranian oil.

 
Arch Coal, Peabody Energy to Form Coal Joint Venture 
 

Two of the biggest producers of coal used to fire power plants are integrating their operations in Wyoming and Colorado, aiming to keep the commodity competitive with natural gas and renewable-energy sources.

 
EPA Overturns Obama-Era Clean Air Rules for Power Plants 
 

The EPA is vastly limiting the agency's ability to mandate tougher greenhouse-gas emission regulations that could force older coal- and gas-fired plants to close.

 
Analysts Expect 106 Billion Cubic-Foot Increase in U.S. Natural-Gas Inventories 
 

U.S. government natural-gas data due Thursday are likely to show gas inventories increased last week by 106 billion cubic feet -- more than normal for this time of year.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities

 
Canada to Proceed With Pipeline Expansion 
 

Canada said it will press ahead with the contentious expansion of a pipeline that carries crude oil to the Pacific Coast, after taking steps to address concerns from some indigenous and environmental groups.

 
U.S. Wants Allies to Help Keep Oil Lanes Open 
 

Top Trump administration officials signaled the U.S. didn't intend to assume sole responsibility for safeguarding tankers in the Persian Gulf after attacks Washington blames on Iran, because America has become less dependent on oil supplies from the region.

 
PG&E Reaches $1 Billion Settlement With Paradise, California Governments 
 

PG&E has agreed to pay $1 billion to a range of California cities, counties and other government entities to settle claims related to taxpayer losses caused by three devastating fires in the state.

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