Latest on Oil

Crude futures paused in Asian trading Tuesday after seeing their biggest decline in a month overnight as investors waver between strong demand from China and rising production in the U.S.

BP's Leaking Well in Alaska Successfully 'Killed'

BP and local and federal authorities successfully brought under control an onshore well on the North Slope of Alaska that began leaking oil and gas last week.

NextEra in Talks to Revive $18.4 Billion Deal for Oncor

NextEra Energy Inc. is in talks aimed at saving its acquisition of Oncor, one of the country's largest electricity transmissions businesses, after Texas regulators rejected the deal, lawyers told a bankruptcy judge Monday.

U.S. Turns Up Heat on North Korea

The Trump administration is attempting a balancingact in its confrontation with Pyongyang, using bellicose rhetoric while trying to coax China to apply economic and political pressure.

Sungevity Wins Approval of $50 Million Sale

Home-solar company Sungevity has won court approval of a $50 million sale to a buyout consortium led by Northern Pacific Group after attempts to secure a better offer in bankruptcy failed.

Solar-Panel Maker Suniva Files for Bankruptcy Protection

Solar panel manufacturer Suniva Inc. filed for bankruptcy protection Monday.

What Is Tesla Really Worth?

By market cap, it rivals Ford and GM. To get anywhere close by profits will be a stretch.

Breitburn Energy Nears Deal on $1 Billion Equity Commitment

Breitburn Energy Partners LP said it is close to a deal that would see its unsecured creditors and certain bondholders invest $1 billion for an equity stake in the reorganized business.

Saudi Aramco CEO Bullish on Oil Demand

The chief executive of Saudi Arabia's oil company said Friday that he doesn't believe global demand for oil will plateau soon, and cautioned that producers will eventually have to add capacity to meet rising demand.

Libya's Oil Comeback Stalls

Libyan oil disruptions are again affecting crude prices, as factional fighting and cash shortages have combined to stall the country's petroleum comeback.

(END) Dow Jones Newswires

April 18, 2017 04:15 ET (08:15 GMT)

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