Bloomberg Oil held declines below $43 a barrel as weekly US industry data showed crude stockpiles expanded, keeping supplies at the highest seasonal level in at least two decades. Futures were little changed in New York after losing 0.6 percent on Tuesday. Inventories rose by 2.09 million barrels last week, the American Petroleum Institute was said to report. Government ...

  Bloomberg US electricity consumers could end up paying more than $2.5 billion for nuclear plants that never get built. Utilities including Duke Energy Corp., Dominion Resources Inc. and NextEra Energy Inc. are being allowed by regulators to charge $1.7 billion for reactors that exist only on paper, according to company disclosures and regulatory filings. Duke and Dominion could seek ...

  Bloomberg State Grid Corp. of China’s hopes of buying one of Australia’s biggest electricity distributors may be slipping away amid national security concerns and a protectionist backlash against foreign ownership of critical infrastructure. Government-owned State Grid, the world’s largest utility, and Hong Kong’s Cheung Kong Infrastructure Holdings Ltd. are vying to buy Ausgrid, which supplies 1.6 million homes in ...