Latest Energy industry News
US stock indexes are mixed a day after worst loss in weeks
U.S. stock indexes are mixed Tuesday, as momentum slows following Wall Street's worst day in a month on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 was up 0.1% in afternoon trading after earlier swinging between small gains and losses. Most of...
2 major Ohio cities sue to block nuclear bailout fee
COLUMBUS, Ohio (AP) — Two of Ohio's major cities are attempting to block the law at the center of a $60 million federal bribery probe from going into effect Jan. 1. Columbus City Attorney Zach Klein and Cincinnati Mayor John Cranley filed a complaint Tuesday, citing the need to save the state's electric...
Icy weather causes massive power outages in Oklahoma
OKLAHOMA CITY (AP) — More than 200,000 homes and businesses in Oklahoma were without electricity Tuesday morning as an early season ice storm bore down on the area. An ice storm warning was in effect until 1 p.m. Wednesday for parts of the state, including Oklahoma City. The National Weather Service said...
BP reports 3Q earnings plunge amid falling demand
LONDON (AP) — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. The London-based oil company said Tuesday that profits, excluding one-time items and changes in the value of inventories, dropped to $86 million from $2.25 billion in the same period last...
Greece, Israel eye closer cooperation amid East Med tension
ATHENS, Greece (AP) — Greece’s government said Tuesday it wants to expand trade, energy, and military partnerships with Israel and other countries in the region to counter what it considers the hostile policy of neighbor Turkey. Greece, Israel and Cyprus, which all are at odds with Turkey over...
Lithuania upset over soon-to-open Belarus nuke plant
VILNIUS, Lithuania (AP) — The Baltic nation of Lithuania sent a protest note Tuesday to Belarus over a planned nuclear power plant close to their border that is scheduled to start operating in early November. The Astravyets nuclear power plant, 40 kilometers (25 miles) south of Vilnius, Lithuania’s...
Developer drops plans for large wind farm in Green County
TOWN OF JEFFERSON, Wis. (AP) — The developer of a controversial wind farm in Green County has scrapped plans for the project. EDF Renewables had planned to build 24 turbines in the town of Jefferson near the Illinois border. The wind farm, one of only a handful under of development in Wisconsin, would...
Utility says its equipment may have sparked California blaze
LOS ANGELES (AP) — Southern California Edison said its equipment may have sparked a fast-moving wildfire that forced evacuation orders for some 100,000 people and seriously injured two firefighters on Monday as powerful winds across the state prompted power to be cut to hundreds of thousands to prevent...
Asian shares slip after Wall St's worst day in a month
Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Tokyo, Shanghai, Hong Kong and Sydney. Shares were flat in South Korea, where economic growth data were slightly better than expected. ...
The Latest: Trump celebrates expected Barrett confirmation
WASHINGTON (AP) — The Latest on the presidential campaign (all times local): 6:10 p.m. President Donald Trump is celebrating the expected confirmation of Amy Coney Barrett to the U.S. Supreme Court as he campaigns in Pennsylvania during his third rally of the day. Trump asked a crowd of thousands that...
LOADING MORE STORIES
