Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk
Southern California Edison, a subsidiary of U.S. utility Edison International that operates in California, has cut power to more than 110,000 customers to prevent damage…
Alaska wildlife refuge drilling auction yields no bids, US says
The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids…
How Washington’s tag on China’s CATL could affect Tesla
Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot,…
Trump won’t rule out force to take Panama Canal, Greenland
U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of the Panama Canal and Greenland, part…
Oil trims gains on dollar strength, tight supplies provide support
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other…
Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in…
Yellen says CFIUS made “thorough analysis” of blocked US Steel-Nippon Steel merger
U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a "thorough analysis" by an interagency national security…
US oil imports from Canada hit record ahead of tariffs threat, EIA data shows
U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday,…
AAR reports rail traffic for the week ending January 04, 2025
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 4, 2025.
China-linked shipowner denies Taiwan accusation of damaging undersea cable
The Chinese director of a firm whose vessel Taiwan suspects of having damaged an undersea communications cable said on Wednesday there was no evidence the…
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