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  • February-delivery CARBOB gasoline in L.A. jumped 11 cents to 44 cents a gallon over March RBOB futures on the New York Mercantile Exchange after an explosion at Exxon Mobil Corp.' s 155,000 barrel-per-day refinery Torrance, California. EPA gasoline in the Portland, Oregon, market settled 11 cents a gallon over March NYMEX RBOB, unchanged from Tuesday's close.

  • Road salt: The winter's $2.3 billion game changer Wednesday, 18 Feb 2015 | 1:49 PM ET
    A garbage truck which slid off a road in Gorham, Maine.

    The economics surrounding a certain commodity can be a game changer for city officials in the snow belt. And it's sitting on your dinner table.

  • Blast devastates refinery, sends ash raining down on area Wednesday, 18 Feb 2015 | 1:06 PM ET

    TORRANCE, Calif.— An explosion devastated a section of a major refinery on Wednesday morning, raining down ash in the area and, experts say, likely helping to increase California gas prices, which have been creeping up in recent weeks. Four contractors suffered minor injuries as workers fled the site of the blast, according to Exxon Mobil Corp., which owns the...

  • Feb 18- Citigroup Inc said it would set aside $100 billion to fund environmental projects over the next decade, doubling the amount it had earmarked for such projects in 2007.. Citigroup financed the Solar Star photovoltaic project in Southern California for Berkshire Hathaway Energy in 2013.. The project, constructed by Sunpower Corp, is expected to generate...

  • SEC Filing: Duke says it expects to settle criminal probe Wednesday, 18 Feb 2015 | 9:38 AM ET

    RALEIGH, N.C.— Duke Energy said Wednesday it expects to pay $100 million to settle an ongoing federal criminal investigation that began after a massive coal ash spill at a North Carolina plant. The details are contained in an earnings report filed with the Securities and Exchange Commission. The U.S. attorney's office in Raleigh began the investigation after a...

  • Citigroup commits $100B to combat climate change Wednesday, 18 Feb 2015 | 9:10 AM ET

    Citigroup said it would commit to lend and invest $100 billion within the next 10 years to finance activities that reduce the impacts of climate change.

  • Citigroup to set aside $100 bln to fund green initiatives Wednesday, 18 Feb 2015 | 9:04 AM ET

    Feb 18- Citigroup Inc said it would set aside $100 billion to fund environmental projects over the next decade, doubling the amount it had earmarked for such projects in 2007.. Citigroup said it would fund projects related to renewable energy, greenhouse gas reductions and sustainable transportation. In 2012, Bank of America Corp set a goal of $50 billion to...

  • Dryers: Homes' energy guzzlers just got greener Wednesday, 18 Feb 2015 | 8:46 AM ET

    Clothes dryers, perhaps the last of the major household appliances to be included in the U.S. Environmental Protection Agency's program, became available in 45 Energy Star models starting Presidents' Day weekend, according to the EPA. All of the energy-efficient models include moisture sensors to ensure that the dryer does not continue running after the...

  • If history is a guide, then this is a safe bet, with state-controlled behemoth Coal India consistently failing to meet output targets and battling to supply enough fuel for the South Asian nation's electricity generators. The new government of Prime Minister Narendra Modi has shown some determination to reform India's vast coal sector, starting with making...

  • Janet McCabe, assistant administrator for air and radiation at the EPA, confirmed later in the day that the EPA may revisit the timeline, noting a change in the interim target "was very much on the table." Last week, St. Louis- based utility Ameren flagged concerns about the interim target and proposed ways for the EPA to achieve the same goals of its proposed rule...

  • BOGOTA, Feb 17- U.S.-based Drummond said it expects coal production in Colombia this year to reach about 30 million tonnes as it increases mining even as prices remain low, its Colombia president Jose Miguel Linares said on Tuesday. Colombia's second biggest coal miner produced about 26.8 million tonnes last year, up 17.5 percent from 2013. The company is...

  • LIMA, Feb 17- Several companies are interested in bidding on Peru's biggest oil block despite protests by indigenous communities that have delayed the auction and partially halted output, the state energy agency said Tuesday. Perupetro President Luis Ortigas said he cannot open bidding on oil block 1- AB, in the Amazonian region of Loreto, until the government...

  • LONDON, Feb 16- Revenues and margins at Europe's "Big Three" credit rating agencies are back to pre-financial crisis levels and the trio are in line for more business, despite a welter of new rules aimed at reducing their influence, a regulator said on Monday. Yet the European Securities and Markets Authority, which regulates the 27 rating agencies operating...

  • Oil train derails in W. Va., sparks blast, fires Monday, 16 Feb 2015 | 4:22 PM ET

    A train carrying crude oil derailed in southern West Virginia on Monday sparking a house fire and threatening the water supply.

  • Water, air quality fears conflict with pig farms Monday, 16 Feb 2015 | 10:19 AM ET

    Modern meat production has proven to be efficient and profitable, but comes with its own set of problems.

  • Candy and roses! 1-800-FLOWERS blooms despite odds Saturday, 14 Feb 2015 | 2:00 PM ET

    The flower business is blooming for 1-800-FLOWERS, which has weathered downturns and the fact that consumers use them infrequently.

  • Feb 13- A federal judge in Louisiana threw out a lawsuit Friday against more than 90 oil, gas and pipeline companies accused of collectively damaging the state's coastline, according to court records. The suit was filed in 2013 by the Southeast Louisiana Flood Protection Authority-East, accused the companies of destroying the state's fragile wetlands that...

  • How bad are US droughts? Think 'megadrought' Friday, 13 Feb 2015 | 2:01 PM ET
    Dried and cracked earth on an unplanted field at a farm near Mendota, Calif.

    Harsh droughts lasting decades are likely to dry out a broad swath of America's heartland, even if we reduce carbon emissions in the next 50 years, researchers say.

  • GENEVA, Feb 13- Almost 200 countries agreed a draft text for a deal to fight climate change on Friday, but put off hard choices about narrowing down a vast range of options for limiting a damaging rise in temperatures. "Although it has become longer, countries are now fully aware of each other's positions," said Christiana Figueres, the head of the U.N.

  • GENEVA, Feb 13- Almost 200 nations agreed on Friday a draft text for a deal due in 2015 to fight climate change but put off hard choices about narrowing down a vast range of options for limiting a damaging rise in temperatures. Government delegates adopted an 86- page draft as the official basis for negotiations, more than double the 38 pages in an earlier document,...