Latest Energy industry News

Global stocks mixed on US-China trade worries

Sep. 25, 2018 5:22 AM EDT

BEIJING (AP) — Global stock markets were mixed Tuesday after a Chinese envoy said Beijing cannot negotiate its trade dispute with the United States while Washington "holds a knife" of tariff hikes to its neck. KEEPING SCORE: In early trading, France's CAC 40 gained 0.2 percent to 5,486.71 while London's...

Asian stocks lower on US-China trade worries

Sep. 25, 2018 12:49 AM EDT

BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,775.91 and Sydney's...

EU, Iran set financial "vehicle" to ease trade between them

Sep. 24, 2018 11:49 PM EDT

UNITED NATIONS (AP) — Five world powers and Iran agreed late Monday to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of...

Cost caps sought for Georgia nuclear project to move forward

Sep. 24, 2018 10:31 PM EDT

ATLANTA (AP) — The nation's only major nuclear power plant under construction appears to still be alive as the three owners seek to hash out conditions that one of them set on the project, now years over schedule and billions of dollars over budget. Oglethorpe Power on Monday said it's only willing to move...

The Latest: 5 powers agree on plan to assist Iran's exports

Sep. 24, 2018 10:31 PM EDT

UNITED NATIONS (AP) — The latest on the United Nations General Assembly (all times local): 10:30 p.m. Five world powers have agreed with Iran to establish a financial facility in the European Union to facilitate payments for Iran's exports, including oil, as well as its imports. It is a key move sought by...

The Latest: Georgia nuclear plant gets tentative up vote

Sep. 24, 2018 9:14 PM EDT

ATLANTA (AP) — The Latest on budget overruns in construction of a Georgia nuclear power facility (all times local): 8:00 p.m. The nation's only major nuclear power plant under construction appears to still be alive after the owners voted to push forward despite another multibillion-dollar cost overrun. But...

Duke says its data show no harm from flooded coal ash dump

Sep. 24, 2018 9:11 PM EDT

Duke Energy said Monday that results from water samples collected downstream of a flooded North Carolina coal ash dump show no negative impacts to the Cape Fear River. The data Duke released were from a sample collected over the weekend after a dam breached Friday at the reservoir for the L.V. Sutton Power...

Appeals court reverses Tennessee coal ash cleanup order

Sep. 24, 2018 8:25 PM EDT

NASHVILLE, Tenn. (AP) — A federal appellate panel on Monday overturned an order that would have required the nation's largest public utility to unearth and remove a massive amount of coal ash at one of its Tennessee power plants. In a 2-1 decision, the 6th U.S. Circuit Court of Appeals wrote that leaks...

Zinke cans the notion he's giving away lands for oil and gas

Sep. 24, 2018 8:16 PM EDT

ZION NATIONAL PARK, Utah (AP) — Interior Secretary Ryan Zinke dismissed the notion that he's giving away public lands for oil and gas companies during a visit Monday to Utah's Zion National Park where he drew attention to the maintenance backlog at national parks. Zinke said "nothing could be further from...

Pipeline operator must fix flaws in oil spill plan

Sep. 24, 2018 7:29 PM EDT

OLYMPIA, Wash. (AP) — Washington state regulators on Monday ordered the operator of the Trans Mountain pipeline to correct deficiencies in a new oil spill response plan it submitted for the 64-mile (103-kilometer) pipeline that operates within the state. The Department of Ecology said the pipeline operator...