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CNBC Utilities Page Wires

  • *Australian company is focused on Papua New Guinea. July 17- Australia's Oil Search Ltd reported an 18 percent fall in first half revenue on Tuesday, hit by lower output at a key liquefied natural gas project in Papua New Guinea after a major earthquake in the region in February. Oil Search's managing director, Peter Botten, said in a statement the company was in...

  • TOKYO, July 17- Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1 pct lower following two sessions of gains.

  • LONDON, July 16- Hedge funds raised their bets last week on a flatter U.S. yield curve and a stronger dollar. Their bond bet shows signs of coming good as the yield curve moves towards inversion, but their FX wager? The latest Commodity Futures Trading Commission figures show they cut their record net short position of 500,000 contracts by 61,000 contracts, and...

  • Federal Reserve Today in Washington. 17- Jul Germany Auction of 2- year Treasury notes 17- Jul Spain Auction of 3- and 9- month Treasury bills 18- Jul Germany Auction of 30- year Federal bonds 19- Jul France Index-linked Securities auction 19- Jul Japan 1- year discount bill auction 19- Jul Spain Bond auction 19- Jul United Kingdom 1 3/ 4% Treasury Gilt 2057 20-...

  • SAN FRANCISCO— San Francisco voters will decide in November whether to tax large businesses to pay for homeless and housing services in a city struggling with income inequality. The San Francisco Chamber of Commerce has raised concerns about the measure. Business owner Christin Evans says voters are tired of the city's bleak housing situation.

  • July 16- A $1.1 billion U.S. shale pipeline project on Monday was denied an exclusion to the Trump administration's tariff on imported steel, the first ruling on a major energy export project. U.S. pipeline operator Plains All American Pipeline LP's bid to avoid the 25 percent tariff on pipe imported from Greece was denied because domestic product is available,...

  • Trump, speaking in Helsinki after his first summit with Putin, said he saw no reason to believe his own country's intelligence agencies over the Kremlin leader's assurances that Russia did not interfere in the U.S. election. After the Helsinki summit, at least two senators- Republican Pat Toomey and Senate Democratic Leader Chuck Schumer- raised the...

  • July 16- Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing. In after-hours trading on Monday, Netflix shares sunk 14 percent to $343.60, eroding $24.2 billion in market capitalization and down from an earlier...

  • July 16- U.S. pipeline operator Plains All American Pipeline LP's bid for an exemption to the Trump administration's 25 percent steel tariff for a major shale oil project was rejected on Monday, according to a Commerce Department filing. The decision was the first to hit a major energy export project. Plains sought to use imported steel for its $1.1 billion...

  • SINCLAIR SAYS IT IS' SHOCKED AND DISAPPOINTED' FCC CHAIRMAN AJIT PAI CIRCULATED ORDER TO REFER MERGER TO ADMINISTRATIVE JUDGE.

  • SINCLAIR SAYS IT STRONGLY DENIES ANY ALLEGATIONS IT MISREPRESENTED ANY ISSUES BEFORE FCC OR ENGAGED IN' LACK OF CANDOR'- STATEMENT.

  • SINCLAIR BROADCAST GROUP SAYS IT STILL' LOOKS FORWARD' TO COMPLETING $3.9 BILLION TRIBUNE ACQUISITION DESPITE FCC CHAIRMAN COMMENTS- STATEMENT.

  • LONDON, July 17- Silicon Valley e-cigarette start-up Juul Labs is bringing its small flash drive-sized vaping device to the United Kingdom this week, aiming to reproduce its break-neck U.S. growth overseas. In April the U.S. Food and Drug Administration launched a crackdown on the sale of e-cigarettes and tobacco products to minors, particularly those...

  • July 16- Shares of Tesla Inc fell 2.75 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week. James Anderson, a partner at Tesla's fourth-largest shareholder, asset manager Baillie Gifford, called the weekend's events "a regrettable instance" and said he...

  • WILMINGTON, Del., July 16- International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization. IBM lawyer John Desmarais told a jury in federal court in Delaware that Groupon infringed patents describing foundational...

  • BALTIMORE— A leading company in Kosher certification has dropped some Starbucks drinks from its acceptable consumption list. The Baltimore Sun reports Star-K said this month it's dropping drinks with "syrups, sauces, toppings, powders, soy or almond milk" after the coffee behemoth ended an expanded kosher certification program with the Baltimore- based...

  • LONDON, July 16- British Prime Minister Theresa May won a series of votes in parliament on Monday, keeping her over-arching strategy to leave the European Union just about on track after bowing to pressure from Brexit supporters in her party. May has vowed to stick to her plan to negotiate the closest possible trade ties with the EU, saying her strategy was the only...

  • Luis Carlos de Leon-Perez, a 42- year-old dual citizen of the United States and Venezuela, admitted his role in the scheme to bribe officials of Venezuela's state-owned-and-controlled oil company, Petroleos de Venezuela, or PDVSA, the U.S. Attorney's Office in Houston announced. Ramirez was one of Venezuela's most powerful officials until he resigned as...

  • NASDAQ E-MINI FUTURES DOWN 0.1 PCT AS TRADING RESUMES.

  • Mexico's Damojh says steep take-off caused Cuba plane crash. MEXICO CITY- Mexican aviation company Damojh said on Monday a very steep take-off angle led one of its planes to crash in Cuba in May, killing 112 people, according to black boxes retrieved from the wreckage. Texas fetal tissue burial law on trial at U.S. court.