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Utilities

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  • NEW YORK, Nov 14- The Long Island Power Authority is close to restoring electric service to the last 8,000 Long Island, New York, homes and businesses able to receive power, the company said on Wednesday, 16 days after Hurricane Sandy battered the U.S. East Coast.

  • SSE will utilize AMSC's D-VAR reactive compensation and voltage control systems to enhance the electricity grid in the Western Isles of Scotland near the future wind farms at Stornoway and Loch Carnan. AMSC's D-VAR solution includes installation and ongoing maintenance and support for SSE.

Energy

  • Brent crude plunged in the wake of U.S. jobs data that fanned new concerns about demand.

  • Heat rises from stacks at the Chevron refinery in Richmond, California.

    The U.S. is vastly increasing its production and replacing OPEC crude with that from oil sands in Canada, adding urgency to Saudi Arabia's efforts to invest in a Texas refinery, The New York Times reports.

  • CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.