Latest Energy industry News

Asian shares' rise broadly cheered by US earnings, rally

May. 27, 2022 02:41 AM EDT

TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk...

Ship expands Iran Revolutionary Guard's reach to new waters

May. 27, 2022 02:09 AM EDT

DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard is building a massive new support ship near the strategic Strait of Hormuz as it tries to expand its naval presence in waters vital to international energy supplies and beyond, satellite photos obtained by The Associated...

Asian shares' rise broadly cheered by US earnings, rally

May. 26, 2022 23:46 PM EDT

TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk...

China and Russia veto new UN sanctions on North Korea

May. 26, 2022 23:03 PM EDT

UNITED NATIONS (AP) — China and Russia vetoed a U.N. resolution sponsored by the United States on Thursday that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches that can be used to deliver nuclear weapons. The vote...

Live updates | Mayor: Some 1,500 killed in Sievierodonetsk

May. 26, 2022 22:29 PM EDT

KYIV, Ukraine — The Ukrainian city of Sievierodonetsk is the center of fierce fighting in the east. Mayor Oleksandr Stryuk says it’s holding out even though a Russian reconnaissance and sabotage group went into a city hotel. Stryuk said at least 1,500 people have been killed in...

Utility gets nod to build 416-mile power line across US West

May. 26, 2022 19:21 PM EDT

CHEYENNE, Wyo. (AP) — U.S. land managers Thursday said they've given final permission for a 416-mile transmission line that would connect wind farms in eastern Wyoming with customers in Utah and elsewhere across the West. The U.S. Bureau of Land Management said it has notified...

Lease terms for California offshore wind projects released

May. 26, 2022 18:45 PM EDT

SACRAMENTO, Calif. (AP) — The Biden administration has released the lease terms for offshore wind projects that would place hundreds of turbines in California's coastal waters — the first such project off the nation's Pacific coast. The two projects along the state's northern and...

Korean solar panel firm to hire 470 at $171M Georgia plant

May. 26, 2022 17:58 PM EDT

DALTON, Ga. (AP) — A Korean solar panel maker announced Thursday that it will expand its presence in Georgia, building a new $171 million plant next to an existing factory in Dalton. The new plant will open in the first half of 2023 and will hire 470 people, Qcells, a unit of...

Kemp signs order suspending Georgia gas taxes until mid-July

May. 26, 2022 16:59 PM EDT

ATLANTA (AP) — Gov. Brian Kemp is suspending Georgia's motor fuel tax for six more weeks. The Republican Kemp signed an executive order Thursday extending the tax break through July 14. Kemp used the announcement to again blame Democratic President Joe Biden for...

Violent protest in Greece over planned campus police force

May. 26, 2022 16:31 PM EDT

THESSALONIKI, Greece (AP) — Riot police in this northern Greek city fired tear gas to disperse crowds attacking them with gasoline bombs and stones late Thursday during a protest against government plans to introduce policing on university campuses. About 5,000 members of left-wing...