Latest Energy industry News
Bloated public salaries at heart of Iraq's economic woes
BAGHDAD (AP) — Long-time Iraqi civil servant Qusay Abdul-Amma panicked when his monthly salary was delayed. Days of waiting turned to weeks. He defaulted on rent and other bills. A graphic designer for the Health Ministry, he uses about half his salary to pay his rent of nearly 450,000 Iraqi dinars a...
Asian shares, US futures gain after last Trump-Biden debate
Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. Stocks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai. Sydney's benchmark ended flat. In their debate late...
The Latest: Trump says he will vote in person
WASHINGTON (AP) — The Latest on the presidential campaign (all times local): 1:30 a.m. President Donald Trump is taking his own advice and plans to vote in person in the presidential election on Saturday in Florida. Trump is heading to his home state Friday for campaign rallies at The Villages and in...
AP FACT CHECK: Falsehoods and fumbles in Trump-Biden debate
WASHINGTON (AP) — The facts took a hit right out of the gate Thursday night. President Donald Trump’s first line of the night, about COVID-19 deaths, was false and set the tone as he and Democratic rival Joe Biden unleashed a torrent of claims in their last presidential debate. Trump misrepresented...
Biden calls for 'transition' from oil, GOP sees opening
Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states. “I would transition away from the oil industry, yes,"...
US: Russian hackers targeting state, local networks
WASHINGTON (AP) — U.S. officials said Thursday that Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, stealing data from at least two servers. The warning, less than two weeks before the election, amplified fears of the potential for...
Officials: 'Minimal' risk Venezuela oil tanker will sink
CARACAS, Venezuela (AP) — A damaged Venezuelan oil tanker recently tilting to one side in the Caribbean after taking on water poses no significant risk of spilling and causing an environmental catastrophe, officials of Trinidad & Tobago said Thursday. Minister of Energy and Energy Industries Franklin...
Heavy rain causes landslide in Indonesia, killing 11 miners
JAKARTA, Indonesia (AP) — Intense rains caused a landslide at a coal mine on Indonesia's Sumatra island that killed 11 miners, authorities said Thursday. The slide occurred Wednesday in a mine tunnel about 20 meters (65 feet) deep at Tanjung Lalang village in Muara Enim district of South Sumatra province,...
In Dubai, oil-rich UAE sees a new wonder: A coal power plant
DUBAI, United Arab Emirates (AP) — A new wonder is rising in the southern desert of Dubai against the backdrop of Persian Gulf beaches, but it's not another skyscraper to grace the futuristic sheikhdom. Instead, it's one of mankind's oldest power sources gaining its own space on the oil-rich Arabian...
Asian stocks follow Wall Street lower on lack of US aid plan
BEIJING (AP) — Asian stocks followed Wall Street lower on Thursday as investors watched Washington for signs of whether political leaders can agree on an economic aid plan in the two weeks before the Nov. 3 presidential election. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall...
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