Latest Energy industry News

Iran asks West to leave Persian Gulf as tensions heightened

Sep. 22, 2019 12:10 PM EDT

TEHRAN, Iran (AP) — Iran's president called Sunday on Western powers to leave the security of the Persian Gulf to regional nations led by Tehran, criticizing a new U.S.-led coalition patrolling the region's waterways as nationwide parades showcased the Islamic Republic's military arsenal. Hassan Rouhani...

Israel begins cutting Palestinian electricity, citing debts

Sep. 22, 2019 8:51 AM EDT

JERUSALEM (AP) — Israel's national electric company says it has begun reducing power supplies to Palestinian areas of the occupied West Bank due to a financial dispute. The Israel Electric Co. said Sunday that it took the step because the Jerusalem District Electricity Co., the Palestinians' main power...

Iran's Guard says ready for 'any scenario' amid US standoff

Sep. 21, 2019 4:25 PM EDT

TEHRAN, Iran (AP) — Iran's powerful Revolutionary Guard is ready for combat and "any scenario," its chief commander said Saturday, as the country's nuclear deal with world powers collapses and the U.S. alleged Iran was behind a weekend attack on major oil sites in Saudi Arabia that shook global energy...

Hong Kong protesters, police face off in renewed clashes

Sep. 21, 2019 12:49 PM EDT

HONG KONG (AP) — Protesters in Hong Kong threw gasoline bombs and police fired tear gas Saturday in renewed clashes over anti-government grievances. Reporters saw at least one person arrested after violence erupted following an afternoon march by several thousand people in Tuen Mun, a district in the...

US to send troops to Saudi Arabia, hold off on striking Iran

Sep. 21, 2019 6:45 AM EDT

WASHINGTON (AP) — The Pentagon on Friday announced it will deploy additional U.S. troops and missile defense equipment to Saudi Arabia and the United Arab Emirates, as President Donald Trump has at least for now put off any immediate military strike on Iran in response to the attack on the Saudi oil...

The Latest: US to deploy more troops to Saudi Arabia, UAE

Sep. 21, 2019 3:09 AM EDT

WASHINGTON (AP) — The Latest on the U.S. response to attacks on the Saudi oil industry (all times local): 6:45 p.m. The Pentagon says the U.S. will deploy additional troops and military equipment to Saudi Arabia and the United Arab Emirates to beef up security, as President Donald Trump has at least for...

The Latest: Biden critical of Trump for urging Ukraine probe

Sep. 20, 2019 11:39 PM EDT

WASHINGTON (AP) — The Latest on President Donald Trump and an intelligence official's whistleblower complaint (all times local): 6:50 p.m. Former Vice President Joe Biden is decrying reports that President Donald Trump urged the president of Ukraine to look into his son's business dealings there. Biden...

'I want a future': Global youth protests urge climate action

Sep. 20, 2019 7:52 PM EDT

NEW YORK (AP) — Young people afraid for their futures protested around the globe Friday to implore leaders to tackle climate change, turning out by the hundreds of thousands to insist that the warming world can't wait any longer. Marches, rallies and demonstrations were held from Canberra to Kabul and Cape...

Goodbye, Three Mile Island: Remaining reactor shuts down

Sep. 20, 2019 6:10 PM EDT

HARRISBURG, Pa. (AP) — The money-losing Three Mile Island, the 1979 site of the United States' worst commercial nuclear power accident, was shut down Friday by its energy giant owner. The end of the 45-year electricity-producing career of Three Mile Island Unit 1 came after Chicago-based Exelon Corp. tried...

Fresh US-China trade worries erase early gains for stocks

Sep. 20, 2019 6:06 PM EDT

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The...