Latest Energy industry News

A woman with an umbrella passes the New York Stock Exchange, Monday, Oct. 26, 2020. U.S. stocks are drifting Tuesday, Oct. 27, 2020, as momentum slows a day after Wall Street slumped to its worst loss in a month on worries about rising virus counts and Washington’s inability to deliver more aid to the economy.  The (AP Photo/Mark Lennihan)

US stock indexes are mixed a day after worst loss in weeks

Oct. 27, 2020 2:16 PM EDT

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

Oct. 27, 2020 11:49 AM EDT

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

Oct. 27, 2020 11:45 AM EDT

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...

FILE - In this file photo dated Tuesday, Aug. 4, 2020, the logo of British Petroleum, BP, adorns a petrol station in west London.  The London-based oil company, BP said Tuesday Oct, 27, 2020, that third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand.  (AP Photo/Alastair Grant, FILE)

BP reports 3Q earnings plunge amid falling demand

Oct. 27, 2020 11:25 AM EDT

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...

Foreign Ministers of Greece Nikos Dendias, front Israel Gabi Ashkenazi , and Cyprus Nikos Christodoulides, left, arrive for a news conference after their meeting in Athens, on Tuesday, Oct. 27, 2020. (AP Photo/Petros Giannakouris)

Greece, Israel eye closer cooperation amid East Med tension

Oct. 27, 2020 9:36 AM EDT

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

Oct. 27, 2020 8:35 AM EDT

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

Oct. 27, 2020 7:47 AM EDT

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...

A man leaves his home during a mandatory fire evacuate as smoke from the Silverado Fire fills the air, Monday, Oct. 26, 2020, in Irvine, Calif. (AP Photo/Jae C. Hong)

Utility says its equipment may have sparked California blaze

Oct. 27, 2020 1:44 AM EDT

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...

A woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Oct. 27, 2020. 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. (AP Photo/Vincent Yu)

Asian shares slip after Wall St's worst day in a month

Oct. 27, 2020 12:10 AM EDT

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. ...

President Donald Trump speaks at a campaign rally at Altoona-Blair County Airport, Monday, Oct. 26, 2020, in Martinsburg, Pa. (AP Photo/Alex Brandon)

The Latest: Trump celebrates expected Barrett confirmation

Oct. 26, 2020 6:13 PM EDT

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...