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Surging natural gas prices: Threat to consumers this winter?

NEW YORK (AP) — Brace for a rude surprise on your winter heating bills. After years of unusually inexpensive levels, the price of natural gas in the United States has more than doubl...

COVID-19 cases climbing, wiping out months of progress

COVID-19 deaths and cases in the U.S. have climbed back to levels not seen since last winter, erasing months of progress and potentially bolstering President Joe Biden’s argument for his sweeping new ...

Pipeline officials hope most service will be back by weekend

WASHINGTON (AP) — Hit by a cyberattack, the operator of a major U.S. fuel pipeline said it hopes to have services mostly restored by the end of the week as the FBI and administration officials identif...

EXPLAINER: Why the Colonial Pipeline hack matters

NEW YORK (AP) — A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation's aging energy infrastructure. The Colo...

Biden pushes for diversity in transition to clean energy

NEW YORK (AP) — As the nation pushes to reduce its reliance on fossil fuels and use cleaner energy sources, President Joe Biden’s administration says it wants to ensure diversity among the communities...

Exxon posts $2.7B quarterly profit after unprecedented year

NEW YORK (AP) — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion...

Biden releases money in push to modernize US electric grid

NEW YORK (AP) — The federal government said Tuesday it is making more than $8 billion available to build and improve the nation's transmission lines as part of its efforts to improve America's aging e...

Biden plan for cleaner power system faces daunting obstacles

NEW YORK (AP) — If the nation is to meet President Joe Biden's goal of cutting America’s greenhouse gas emissions in half by the end of the decade, it will have to undertake a vast transformation towa...

EXPLAINER: Can Biden add energy jobs? Hope mixes with doubt

NEW YORK (AP) — Good-paying jobs — many of them. That′s the seductive idea around which President Joe Biden is proposing a vast transformation of the energy sector, with the promise ...

Damage from virus: Utility bills overwhelm some households

SAN RAMON, Calif. (AP) — Millions of U.S. households are facing heavy past-due utility bills, which have escalated in the year since the pandemic forced Americans hunkered down at home to consume more...

Insider Q&A: Occidental wants to be Tesla of carbon capture

NEW YORK (AP) — Removing carbon dioxide from the air is seen as crucial to reducing the worst impacts of global warming, and the world's largest effort to do that on a commercial scale is coming from ...

Report: World demand for gasoline may never recover

NEW YORK (AP) — The world's once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday from the International Energy Agency. ...

Oil prices surge after attack on Saudi oil site

BANGKOK (AP) — Oil prices pressed higher Monday after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets already rattled by a decision by oil produ...

Asia shares mostly lower on selling of tech stocks

TOKYO (AP) — Asian shares were mostly lower Monday despite hopes for a gradual global recovery after the U.S. stimulus package passed the Senate over the weekend. Heavy selling of s...

Asian shares mixed after US stimulus bill, profit-taking

TOKYO (AP) — Asian shares were mixed Monday, as some indexes were lifted by hopes for a gradual global recovery after the U.S. economic relief package passed the Senate over the weekend. ...