Latest Energy industry News
Mexican leader says Biden offers $4B for Central America
WASHINGTON (AP) — President Joe Biden's first calls to foreign leaders went to Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at a strained moment for the U.S. relationship with its North American neighbors. Mexico's president said Saturday that Biden...
Mine OK'd in Trump's last days may boost Biden energy plan
CARSON CITY, Nev. (AP) — One of the keys to President Joe Biden’s $2 trillion clean energy plan could be a mineral that lies in a salt flat above a prehistoric volcano just south of the Oregon-Nevada line. But the question of how to extract lithium and whether former President Donald Trump’s...
Cyclone weakens in central Mozambique, but flooding a threat
JOHANNESBURG (AP) — The Mozambican port city of Beira breathed a sigh of relief Saturday as Cyclone Eloise caused less damage than feared as it passed through, but the danger of flooding remained in a region still recovering from a devastating cyclone two years ago. “We all feel it’s been...
Biden calls Canada's Trudeau, Mexico's López Obrador
WASHINGTON (AP) — President Joe Biden made his first calls to foreign leaders as America's commander in chief on Friday, dialing up Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at a strained moment for the U.S. relationship with its North American...
Biden's pause on oil cause for big concern in New Mexico
ALBUQUERQUE, N.M. (AP) — President Joe Biden’s 60-day moratorium on new oil and natural gas leases and drilling permits is prompting widespread concerns in New Mexico, where spending on education and other public programs hinges on the industry’s success. Top Republicans in the state as well...
How major US stock indexes fared Friday
Stocks struggled to a mixed finish on Wall Street, trimming the weekly gain for the S&P 500 even as the Nasdaq eked out another record high. Technology, financial and other stocks declined, outweighing gains in communication services, real estate and utilities companies. Small-company stocks held up better...
Mixed finish on Wall Street as worldwide rally takes a pause
Wall Street tapped the brakes on its recent record-setting rally Friday with a mixed finish for the major stock indexes, though the S&P 500 still ended the week with its third weekly gain in four. The benchmark index fell 0.3%, snapping a three-day winning streak, but notched a 1.9% gain for the week. The...
Maduro sent letter to Iran's leader accrediting US fugitive
MIAMI (AP) — A Colombian businessman was carrying a letter from Venezuelan President Nicolas Maduro accrediting him to Iran's supreme leader when he was arrested on a U.S. warrant last year, according to a new court filing in a politically charged corruption case ratcheting up tensions with the South...
Iran, pressured by blackouts and pollution, targets Bitcoin
TEHRAN, Iran (AP) — Iran's capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and...
Biden halts oil and gas leases, permits on US land and water
BILLINGS, Mont. (AP) — The Biden administration announced Thursday a 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters, as officials moved quickly to reverse Trump administration policies on energy and the environment. The suspension, part of a broad review of...
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