Latest on Oil
Crude oil prices were volatile in Asian trade Tuesday as concerns over a stubborn global supply overhang kept prices in a tight range.
Libya Ramps Up Oil Production, Threatening OPEC Plans
Output has more than tripled in the past three months and hit a three-year high this week as militias make deals to reopen facilities. The country was exempted from cuts agreed to by major oil producers.
Inside Tillerson's Negotiating Style: Cozy With Power, Unbending and Theatrical
As chief of Exxon Rex Tillerson hammered out multibillion-dollar deals with government leaders of all stripes. On the other hand, a company is not a country. The Senate, which is expected to consider Mr. Tillerson's nomination on Wednesday, will weigh if this kind of expertise prepares him for the job of secretary of state.
Williams Cos. Boosts Dividend
Natural-gas pipeline company Williams Cos. and subsidiary Williams Partners LP said they planned to reset their quarterly payouts and added that the parent company would boost its ownership stake in the limited partnership.
Entergy to Close Controversial Indian Point Nuclear Plant
Entergy has agreed to shut down New York's Indian Point nuclear plant after striking a deal with state authorities, who have long targeted the facility out of concerns for its environmental impacts and proximity to New York City.
Nuclear Plants Fall Victim to Economic Pressures
Utilities are closing U.S. nuclear-power plants as they face competition from cheaper sources of electricity and political pressure from critics.
Oil Bust Seeps Into Texas Budget
Oil and gas markets are beginning to bounce back, but a protracted downturn will have a marked impact on Texas' budget over thenext two years, state finance officials said Monday.
Petrobras Bond Sale Demand Surpasses $20 Billion
Demand for a U.S. bond sale announced by Brazilian state-run oil company Petróleo Brasileiro exceeded $20 billion, a person familiar with the matter said.
Chieftain Sand Files for Chapter 11 Bankruptcy
Chieftain Sand and Proppant LLC on Monday joined more than 100 other energy-related companies that resorted to bankruptcy in recent years and is now seeking a buyer.
FBI Arrests Volkswagen Executive in Emissions-Cheating Scandal
VW executive Oliver Schmidt is suspected of participating in a conspiracy to defraud the U.S. in connection with the company's emissions-cheating scandal.
U.S. Oil-Rig Count Climbs by Four
The number of rigs drilling for oil in the U.S. rose by four in the past week to 529, oil-field services company Baker Hughes Inc. said Friday
(END) Dow Jones Newswires
January 10, 2017 07:15 ET (12:15 GMT)
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