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News Highlights : Top Energy News of the Day

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08/15/2019 | 12:16am EDT
Oil Tumbles on Renewed Demand Worries 
 

Oil prices slid, falling alongside stocks and other risky assets, after downbeat economic news from China and Germany fueled fresh worries about a slowdown in global growth.

 
Federal Monitor Finds Problems With PG&E Tree-Trimming Program 
 

A federal court monitor overseeing PG&E's probation has uncovered serious problems with the company's effort to trim trees to reduce the risk they will hit nearby power lines and spark wildfires.

 
U.S. Crude-Oil Inventories Rise as Refinery Activity Slows 
 

U.S. inventories of crude oil unexpectedly increased by 1.6 million barrels, to 440.5 million barrels, as refinery activity slowed down, according to government data.

 
Analysts Expect 61 Billion Cubic-Foot Rise in U.S. Natural-Gas Inventories 
 

U.S. government natural-gas data are expected to show inventories increased last week by 61 billion cubic feet -- an amount larger than what is typical for this time of year.

 
Ethanol Hits Five-Year Low as Stocks Rise 
 

Ethanol futures prices are trading at five-year lows, adding the corn-based fuel to the roster of agricultural commodities piling up in storage across the U.S.

 
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.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities

 
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.

 
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.

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