Oil Falters Despite Iraq's Promise of Production Cuts

Oil prices inched lower with a surging dollar outweighing a public commitment from Iraq's oil minister to cut production along with OPEC.

Scaffolding Collapse at China Power Plant Kills Dozens

The collapse of construction scaffolding at a power plant under expansion in eastern China killed at least 67 people, state media said, the latest deadly accident in a country grappling with poor industrial safety.

U.S. Executive Leads Siemens Through Tough Times

Lisa Davis, the U.S. executive who took over Siemens's energy operations in 2014 during boom times, is working to make the beleaguered unit more efficient to gain a competitive edge when oil prices rebound.

EPA Completes Rule Requiring More Ethanol Blended Into 2017 Gasoline Supply

Federal regulators finalized a rule Wednesday that raises the amount of ethanol refineries must blend into the nation's gasoline supply, providing a boost to ethanol companies and drawing criticism from an oil industry that opposes higher levels.

Severn Trent Increases Bid for Dee Valley to Fend Off Ancala

Severn Trent PLC late Wednesday increased its offer for Dee Valley Group PLC to £84.0 million from £78.5 million as it competes with Ancala Fornia Ltd., for the water company.

U.S. Oil-Rig Count Up by Three in Latest Week

The number of rigs drilling for oil in the U.S. rose by three in the past week to 474, according to oil-field services company Baker Hughes Inc.

(END) Dow Jones Newswires

November 24, 2016 07:15 ET (12:15 GMT)

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