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CNBC Utilities Page Wires

  • WASHINGTON, June 21- U.S. oil and gas drilling and related operations give off much more of the powerful greenhouse gas methane than the federal government estimates, wasting about $2 billion of fuel a year, scientists said on Thursday. The amount of methane leaked from U.S. oil and gas wells and related infrastructure in 2015 equaled about 2.3 percent of the...

  • The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger's husband, filed suit on Tuesday in the Supreme Court of the State of New York County of New York. Passengers Cindy Candy Arenas, Jaky Alyssa Arena, Jiny Alexa Arenas, Elhadji Cisse, Donald Kirkland, Beverly Kirkland, Connor Brown, and Cassandra Adams, and Cindy Arenas' husband, Joe Leos...

  • NEW YORK, June 21- A federal judge in New York ruled on Thursday that the structure of the U.S. Consumer Financial Protection Bureau is unconstitutional, forbidding the agency from suing a company that advances money to people awaiting settlement payouts. District Judge Loretta Preska is at odds with a February ruling by the federal appeals court in Washington...

  • A company that wants to build a copper-nickel mine near the northeastern Minnesota town of Ely says it will fight a lawsuit that seeks to revoke its federal mineral rights leases. Nine Minnesota businesses that rely on the Boundary Waters Canoe Area sued the Interior Department on Thursday, challenging its decision to reinstate the leases that Twin Metals...

  • FRANKFURT, June 21- Britain may bend the rules to defend London's standing as a global investment hub after leaving the European Union, the head of the company that runs the Frankfurt Stock Exchange warned on Thursday, raising the stakes in a duel for post-Brexit financial supremacy. "For London, for Great Britain, this is about survival. Frankfurt, Germany's...

  • June 21- Chile's government is planning to include a new tax on multinational digital commerce companies with local operations as part of a wider tax bill set to go to Congress this year, Finance Minister Felipe Larrain said on Thursday. Larrain said citizens of the Andean nation had benefited significantly from the roll-out of the digital economy, but that it...

  • VIENNA, June 21- Iranian Oil Minister Bijan Zanganeh said on Thursday he still believes OPEC cannot reach a compromise decision on raising oil output at its meeting the following day. "We firstly need to discuss and decide about the main issue inside OPEC. Zanganeh made the comment after leaving a joint OPEC and non- OPEC ministerial committee while other...

  • WASHINGTON, June 21- U.S. oil and gas drilling and related operations give off much more of the powerful greenhouse gas methane than the federal government estimates, wasting about $20 billion of fuel a year, scientists said on Thursday. The amount of methane leaked from U.S. oil and gas wells and related infrastructure in 2015 equaled about 2.3 percent of the...

  • *Sees Iran request for political talks at OPEC going nowhere. VIENNA, June 21- Ecuador's oil minister said he expects Friday's OPEC meeting to be difficult, citing disagreements on a possible increase in crude output and Iran's demand that the gathering discuss U.S. sanctions. The minister, Carlos Pérez, also said he did not expect OPEC and its partners to raise...

  • *OPEC to meet in Vienna on Friday to set output policy. The oil market was contending with exactly how much output will change as the OPEC, which holds its biannual meeting on Friday, is widely expected to agree to pump more, possibly supported by some other producers outside OPEC, including Russia. Brent reached a 3-1/ 2- year high above $80 a barrel last month but has...

  • PARIS, June 21- Paris local authorities have ended the Bollore group's contract to operate the Autolib electric vehicles fleet due to financial difficulties at the pioneering car-sharing scheme. Local councilors for the Syndicat Autolib' Vélib' Métropole, which manages the scheme for about 100 municipalities in the Paris region, on Thursday refused a...

  • *Court upholds South Dakota law, other states could follow. WASHINGTON, June 21- States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals. In a 5-4 ruling upholding a South...

  • *Russia seen buying bullion- traders. NEW YORK/ LONDON, June 21- The price of gold rose slightly on Thursday, lifted off an early six-month low as the U.S. dollar fell from an 11- month high, with traders saying they heard Russia had bid for bullion. down $4, or 0.3 percent, at $1,270.50 per ounce.

  • NEW YORK, June 21- A federal judge in New York ruled on Thursday that the structure of the U.S. Consumer Financial Protection Bureau is unconstitutional, forbidding the agency from suing a company that advances money to people awaiting settlement payouts. District Judge Loretta Preska is at odds with a February ruling by the federal appeals court in Washington...

  • *Lime arrives in Paris as local mobility schemes suffer. PARIS, June 21- California- based bicycle sharing service Lime will launch a fleet of dock-free electric scooters in Paris on Friday as part of a wider roll-out in several European cities, the firm said. "Paris is our first big-scale deployment in Europe, we have big ambitions in Europe," Lime France director...

  • WASHINGTON, June 21- U.S. oil and gas drilling and related operations give off much more of the powerful greenhouse gas methane than the federal government estimates, wasting about $20 billion of fuel a year, scientists said on Thursday. The amount of methane leaked from U.S. oil and gas wells and related infrastructure in 2015 equaled about 2.3 percent of the...

  • PORTLAND, Ore.— A Nigerian man who masterminded a conspiracy to obtain millions in refunds from the Internal Revenue Service has been sentenced in Oregon to 15 years in federal prison. Emmanuel Kazeem, 35, who also lived in Bowie, Maryland, was sentenced Wednesday in Eugene. An IRS criminal investigation found that Kazeem purchased more than 91,000 identities...

  • Hurricane Harvey, the collapse of the caliphate in Mosul and the plight of Rohingya refugees all showcased AP's ability to put together powerhouse teams of journalists anywhere in the world and produce award-winning work. Sarah Rankin of the AP's Richmond, Virginia, bureau was recognized for excellence by a staffer 30 years old or younger for a body of work...

  • Posts $9.62 bln sales in 2017, profit of $1.79 bln. By Sarah White and Pascale Denis. PARIS, June 21- French fashion group Chanel published financial results for the first time on Thursday, showing off its credentials as one of the luxury world's biggest labels by sales as revenue and profit grew strongly in 2017..

  • June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found a consensual relationship with an employee violated company policy. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including internal and external candidates. Of that, $31 million is in the form of...