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  • WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • UPDATE 1-US DOE approves Oregon project to export LNG Thursday, 31 Jul 2014 | 2:33 PM ET

    WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • WASHINGTON, July 31- The biggest U.S. banks' borrowing cost advantage over smaller competitors appears to have been reduced or eliminated since the 2007-2009 financial meltdown but could return in a crisis, a U.S. government official said on Thursday.

  • *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday after inventories rose, highlighting an overhang of supplies that analysts say needs to be eroded before expected shortages kick in.

  • METALS-Zinc falls as stockpiles rise, copper flat Thursday, 31 Jul 2014 | 6:26 AM ET

    *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday from a three-year peak two days before after inventories rose, highlighting an overhang of supplies that need to be eroded before expected shortages kick in.

  • New lawsuit in destructive Chinese drywall cases Wednesday, 30 Jul 2014 | 2:24 PM ET

    NEW ORLEANS— Lawyers for people who say defective Chinese drywall wrecked their homes are again suing the manufacturers. District Judge Eldon Fallon held Taishan Gypsum Co. Ltd. and related defendants in contempt of court for ignoring court proceedings over harm done by the drywall.

  • House GOP scrambles for votes on border bill Wednesday, 30 Jul 2014 | 3:44 AM ET

    WASHINGTON— House Republicans, scrambling to win conservative support for a bill addressing the immigration crisis on the border, have scheduled a companion vote on legislation to block President Barack Obama from extending deportation relief to any more immigrants here illegally.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • Entergy 2Q profit climbs 16 percent Tuesday, 29 Jul 2014 | 8:50 AM ET

    NEW ORLEANS— Entergy Corp. on Tuesday reported earnings that rose by 16 percent in its second quarter, and fell short of analysts' expectations. The New Orleans- based company said profit after paying preferred dividends increased to $189.4 million, or $1.05 per share, from $163.7 million, or 92 cents per share, in the same quarter a year earlier.

  • LONDON, July 29- On the surface at least, much has changed in the London Metal Exchange warehousing business over the past year. The exchange has much more work to do if it wants to rectify a delivery system that has ruptured relations with some of its users and generated a spate of lawsuits in the United States.

  • Senate Democrats seek to split GOP on export bank Tuesday, 29 Jul 2014 | 3:51 AM ET

    WASHINGTON— Familiar with the Export-Import Bank? In all likelihood, most voters in Louisiana and Virginia aren't either. Even some lawmakers say they never heard of the Export-Import Bank before becoming members of Congress.

  • Not in my backyard: US sending dirty coal abroad Monday, 28 Jul 2014 | 12:01 AM ET

    NEWPORT NEWS, Va.— NEWPORT NEWS, Va.— Coal from Appalachia rumbles into this port city, 150 railroad cars at a time, bound for the belly of the massive cargo ship Prime Lily. The ship soon sets sail for South America, its 80,000 tons of coal destined for power plants and factories, an export of American energy— and pollution.

  • Promises of easier nuclear construction fall short Saturday, 26 Jul 2014 | 9:44 AM ET

    The first two reactors built after a 16- year lull, Southern Co.' s Vogtle plant in Georgia and SCANA Corp.' s VC Summer plant in South Carolina, are being assembled in large modules. The factory in Louisiana that constructed the prefabricated sections struggled to meet strict quality rules.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • US rig count up 12 to 1,883 Friday, 25 Jul 2014 | 1:49 PM ET

    Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.

  • U.S. Senate panel to consider 'too big to fail' report Thursday, 24 Jul 2014 | 7:08 PM ET

    WASHINGTON, July 24- A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors think they would be bailed out in a crisis.

  • WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • "EPA goes beyond the plain reading of Clean Air Act Section 111 directing states to achieve questionable emission reduction targets from a limited menu of economically damaging and legally questionable' options'," said Senator David Vitter of Louisiana, the committee's top Republican.

  • Agents get subsidized 'Obamacare' using fake IDs Wednesday, 23 Jul 2014 | 3:16 AM ET

    WASHINGTON— Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday.