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News Highlights: Top Energy News of the Day

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08/14/2019 | 07:16am EDT
API, Chinese Data Softens Oil's Post-Tariff-Delay Rally 
 

Oil prices were lower in Europe with investors looking ahead to EIA numbers later today and parsing this morning's Chinese industrial production, which came in below expectations,

 
Battle Emerges Over Nuclear Waste in America's Oil Patch 
 

A plan to build two big nuclear-waste storage facilities in the heart of the most important U.S. oil field is igniting a fight between frackers and the atomic-energy industry.

 
RWE Profits Rise by a Third 
 

RWE posted a 34% rise in first half adjusted net income and confirmed its targets for 2019.

 
States Sue Trump Administration Over Rollback of Power-Plant Rules 
 

More than 20 states are suing the Trump administration over its rollback of climate-change regulations for power plants in what could be a landmark case deciding what the federal government's responsibility is for fighting global warming.

 
U.S. Crude-Oil Stockpiles Likely to Fall in DOE Data, Analysts Say 
 

U.S. crude-oil stocks are expected to decline 2.1 million barrels while gasoline stockpiles are expected to rise by 100,000 barrels, according to a survey of analysts and traders.

 
Shareholders Have No Love for Shale Companies 
 

American shale companies have never pumped more. They have never been loved less. A broad index of U.S. oil-and-gas company shares fell last week to the lowest point since it was created during the early days of the shale boom in 2006.

 
Peabody Energy Wins Appeal Over Bankruptcy Exit Plan 
 

A federal appeals court has ruled in favor of Peabody Energy in a dispute with hedge funds that sought a bigger slice of the coal mining company when it emerged from chapter 11 bankruptcy in 2017.

 
Reliance Industries Surges on Aramco Deal 
 

Reliance Industries Ltd. shares rose as much as 12% in the first hour of trading, adding nearly $11 billion to its market capitalization as investors cheered news that Saudi Aramco is planning to take a 20% stake.

 
Uranium Giant Cameco Can't Catch a Break 
 

Jitters over a nuclear accident in Russia, while they won't affect civilian nuclear demand, are the latest in a cascade of negative sentiment for the Canadian company.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities.

Stocks mentioned in the article
ChangeLast1st jan.
CAMECO CORP 0.89% 12.42 Delayed Quote.-19.51%
LONDON BRENT OIL -0.43% 64.62 Delayed Quote.17.36%
PEABODY ENERGY CORPORATION -8.98% 15.5 Delayed Quote.-49.15%
RELIANCE INDUSTRIES 6.39% 1254.35 End-of-day quote.5.16%
RWE AG 2.92% 28.19 Delayed Quote.48.64%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.05% 63.994 Delayed Quote.-7.62%
WTI -0.58% 58.45 Delayed Quote.27.93%
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