Latest Energy industry News

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Portugal police: Banker in Angola scandal hangs himself

Jan. 23, 2020 9:38 AM EST

LISBON, Portugal (AP) — A Portuguese banker named in a major Angolan money-laundering and corruption scandal has died in an apparent suicide at his home, police said Thursday. Nuno Ribeiro da Cunha, named as a suspect by Angolan authorities in an investigation targeting the billionaire daughter of...

FILE - In this Thursday, June 20, 2019 file photo, a Turkish police officer patrols the dock, backdropped by the drilling ship 'Yavuz' to be dispatched to the Mediterranean, at the port of Dilovasi, outside Istanbul.  The leaders of Greece, Israel and Cyprus are set to sign a deal Thursday Jan. 2, 2020, for a 1,900-kilometer (1,300-mile) undersea pipeline that will carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe. (AP Photo/Lefteris Pitarakis, File)

Cyprus backtracks on claim Turkey stole offshore gas data

Jan. 23, 2020 8:15 AM EST

NICOSIA, Cyprus (AP) — Cyprus' government spokesman backpedaled Thursday on a claim that Turkey may have stolen technical data to pinpoint a target for gas drilling in waters where the island nation has exclusive economic rights. Government spokesman Kyriakos Koushos told The Associated Press that no such...

Appeals court upholds Norway licenses for Arctic drilling

Jan. 23, 2020 6:27 AM EST

COPENHAGEN, Denmark (AP) — An appeals court ruled Thursday that the Norwegian government can hand out oil drilling licenses in the Arctic, dealing a second blow to environmental groups that had sued against further drilling in the Barents Sea. The court upheld a ruling that acquitted the government of...

FILE - In this Jan. 10, 2020, file photo, California Gov. Gavin Newsom speaks at a news conference in Sacramento, Calif. Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. PG&E is trying to dig out of a financial hole created by more than $50 billion in claims stemming from a series of catastrophic wildfires that have been blamed on the San Francisco company. (AP Photo/Rich Pedroncelli, File)

California governor aims to block PG&E's bankruptcy plan

Jan. 22, 2020 7:45 PM EST

SAN FRANCISCO (AP) — California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. In a court filing Wednesday, Newsom's lawyers gave...

FILE - In this Nov. 6, 2015 file photo, TC Energy's Keystone pipeline facility is seen in Hardisty, Alberta. The Trump administration is approving a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land. Federal officials told The Associated Press that Interior Secretary David Bernhardt would sign the approval for about 45 miles of the line's route Wednesday, Jan. 22, 2020. It pushes the controversial $8 billion project closer to construction, but it still faces court challenges. The 1,200-mile pipeline would transport up to 830,000 barrels of crude oil daily from western Canada to U.S. refineries. (Jeff McIntosh/The Canadian Press via AP, File)

Trump administration approves Keystone pipeline on US land

Jan. 22, 2020 7:27 PM EST

BILLINGS, Mont. (AP) — The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8 billion project closer to construction though court challenges still loom. The approval signed by Interior Secretary...

Anti-government protesters throw stones at the riot police during ongoing protests in Beirut, Lebanon, Wednesday, Jan. 22, 2020.  Lebanon's new government has held its first meeting a day after it was formed following a three-month political vacuum. (AP Photo/Bilal Hussein)

Lebanese Cabinet faces multiple challenges, growing unrest

Jan. 22, 2020 6:56 PM EST

BEIRUT (AP) — Lebanon's new government made up of appointees nominated by the Shiite group Hezbollah and its allies got down to business Wednesday, a day after it was formed. Questions arose immediately about its ability to halt spiraling violence and economic and financial collapse. As the government...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

'Africa's richest woman' now a formal suspect in graft probe

Jan. 22, 2020 4:12 PM EST

JOHANNESBURG (AP) — Africa's reputed richest woman is a formal suspect in an investigation into mismanagement and the siphoning off of funds during her time with Angola's state-run oil company, the country's attorney general announced Wednesday. The remarks by Helder Pitta Gros to reporters in the capital,...

U.S. President Donald Trump and Ivanka Trump, right, arrive at the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 22, 2020. The 50th annual meeting of the forum is taking place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

The Latest: WTO chief says debate over trade rules will last

Jan. 22, 2020 1:31 PM EST

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:25 p.m. The head of the World Trade Organization says an ongoing debate over special exemptions granted to China and India because they are still considered developing countries “is not going...

Cyprus: Turkey may have stolen data for latest gas drilling

Jan. 22, 2020 11:36 AM EST

NICOSIA, Cyprus (AP) — Turkey may have stolen technical data that enabled it to send a drill ship to a specific location south of Cyprus that energy companies Eni and Total had pre-selected to carry out their own exploratory drilling, a Cypriot official said Wednesday. Government spokesman Kyriakos Koushos...

This undated image provided by Cruise shows a rendering of an unorthodox electric vehicle called

GM's Cruise heads down new road with new robotaxi concept

Jan. 22, 2020 12:54 AM EST

SAN FRANCISCO (AP) — General Motors' self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators to transport people around crowded cities. The...