Latest Energy industry News

Stocks lower as inflation, retail sales data disappoints

Jun. 15, 2021 11:51 AM EDT

Stocks were moderately lower in midday trading Tuesday as investors reacted negatively to a report that once again showed inflation creeping higher as well as data that showed Americans slowed their spending last month. The S&P 500 was down 0.3% as of 11:42 a.m....

EU court: Czechs want Poland fined for ignoring mine ban

Jun. 15, 2021 11:48 AM EDT

WARSAW, Poland (AP) — The European Union's top court said Tuesday that the Czech Republic is pressing for Poland to be fined 5 million euros ($6 million) for every day it ignores the court’s order last month to immediately shut a lignite mine near the two countries' border. ...

Report: New Mexico threatens North Dakota's No.2 oil ranking

Jun. 15, 2021 11:47 AM EDT

BISMARCK, N.D. (AP) — North Dakota has ranked as the nation’s second-biggest oil producer for nine years, but it’s on the verge of losing that status because oil production is soaring in New Mexico. Texas continues to lead the nation in oil production. The Permian...

Hong Kong watching Chinese nuclear plant after leak reported

Jun. 15, 2021 11:15 AM EDT

HONG KONG (AP) — China's government said Tuesday no abnormal radiation was detected outside a nuclear power plant near Hong Kong following a news report of a leak, while Hong Kong's leader said her administration was closely watching the facility. The operators released...

Editorial Roundup: Illinois

Jun. 15, 2021 07:05 AM EDT

Chicago Tribune. June 14, 2021. Editorial: Congrats, parents, on saving ‘Invest in Kids’ — for now Some poor and working-class parents buttonholed legislators at the Capitol in Springfield. Others pursued lawmakers by phone, frantic to protect...

Texas power grid manager issues weeklong conservation alert

Jun. 14, 2021 21:39 PM EDT

DALLAS (AP) — On the cusp of summer, the electric power grid manager for most of Texas on Monday issued its second conservation alert since the deadly February blackout, calling on users to dial back energy consumption through Friday to avert an emergency. The Electric...

Operator says China nuclear plant facing 'performance issue'

Jun. 14, 2021 20:27 PM EDT

HONG KONG (AP) — The French joint operator of a Chinese nuclear plant near Hong Kong said Monday that the plant is dealing with a “performance issue” but is currently operating within safety limits, following a report of a potential radioactive leak. The Taishan...

Republicans aim again to block governor's climate strategy

Jun. 14, 2021 18:21 PM EDT

HARRISBURG, Pa. (AP) — Republicans who control Pennsylvania's Legislature are reprising a fight from last year, passing legislation Monday to require Gov. Tom Wolf to go through them if he wants to impose a price on greenhouse gas emissions from power plants. The bill...

Pennsylvania's gas-well revenue down as price, drilling drop

Jun. 14, 2021 16:37 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania’s counties and municipal governments will see the lowest level of annual fee revenue they get from Marcellus Shale gas wells, as drilling slowed and prices sank during the pandemic, the Pennsylvania Public Utility Commission said Monday. ...

Utility's green energy plan fuels debate in Kansas, Missouri

Jun. 14, 2021 15:14 PM EDT

TOPEKA, Kan. (AP) — Kansas' largest electric company expects to make its first big investments in solar energy over the next three years and promises zero net carbon emissions in 2045. Environmentalists don’t think Evergy is moving quickly enough. Conversely, other...