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Saturday, May 18, 2013 | 10:07 p.m.

Energy

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Shuttered Hastings ethanol plant closing permanent

A Hastings ethanol plant that announced in February that it would temporarily shut down will not reopen. The Ag Processing Inc. cooperative said Friday that it is permanently shutting down the 55-million-gallon-a-year plant, citing the plant's age and high utility costs associated with running it. Officials had cited a slowdown ...

Ill. lawmakers face tough votes before adjourning

The Illinois General Assembly has just two weeks left in Springfield before it adjourns for the summer, leaving lawmakers with a tight deadline for action on issues including tackling the state's pension crisis, gay marriage and how guns will be allowed to be carried in public. Making good on what's ...

FILE--In this 2010 file photo, an oil well undergoes testing in the Lake Albertine region of western Uganda. Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners. (AP Photo/Monitor Publications Ltd, File)

Politics, bribery charges swirl around Ugandan oil

Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners. Uganda, which has confirmed oil deposits of ...

After nearly 30 years, Camp Lejeune coming clean

Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER." This is the former Hadnot Point ...

Angus Friday, Oceans Representative at the World Bank, speaks to delegates attending a Caribbean Summit of Political Business Leaders? at the home of Richard Branson on Necker Island, in the British Virgin Islands, Friday, May 17, 2013.  Political and business leaders gathered Friday to back an initiative aimed at expanding protection for the Caribbean's imperiled coasts and waters. Branson, the adventuring CEO and founder of the Virgin Group of companies is co-hosting the two-day meeting at Necker Island, his home in the British Virgin Islands, where he has developed an ultra-exclusive eco-resort that showcases renewable energy technology, reintroduced flamingoes, imported lemurs and other creatures. (AP Photo/Todd VanSickle)

Caribbean talks conservation on Branson's island

Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for the Caribbean's imperiled coasts and waters. The "Caribbean Challenge" calls for special protected zones along at least 20 percent ...

Business Highlights

___ A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger ...

FILE - In this April 15, 2008 file photo, the Excelsior arrives at the Freeport LNG (Liquid Natural Gas) terminal in Houston. The Energy Department has given conditional approval to a Texas company that wants to export liquefied natural gas, the second LNG export project the Obama administration has approved as it faces a wave of export requests. The permit would allow Freeport LNG Expansion L.P. to export up to 1.4 billion cubic feet of natural gas per day from its terminal near Freeport, Texas, south of Houston. It is subject to environmental review and final regulatory approval. (AP Photo/Houston Chronicle, Steve Campbell, File)

Energy Dept. backs Texas LNG export plan

The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural gas. The action would allow Freeport LNG Expansion L.P. to export up to ...

Wind energy permitting process among new NC laws

Gov. Pat McCrory says a new law laying out rules for building wind farms in North Carolina will help create a diverse supply of energy for the state and boost the economy. McCrory announced he signed five bills into law Friday, among them the measure creating a framework for a ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

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