Latest Energy industry News
Ship expands Iran Revolutionary Guard's reach to new waters
DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard is building a massive new support ship near the strategic Strait of Hormuz as it tries to expand its naval presence in waters vital to international energy supplies and beyond, satellite photos obtained by The Associated...
Asian shares' rise broadly cheered by US earnings, rally
TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk...
China and Russia veto new UN sanctions on North Korea
UNITED NATIONS (AP) — China and Russia vetoed a U.N. resolution sponsored by the United States on Thursday that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches that can be used to deliver nuclear weapons. The vote...
Live updates | Mayor: Some 1,500 killed in Sievierodonetsk
KYIV, Ukraine — The Ukrainian city of Sievierodonetsk is the center of fierce fighting in the east. Mayor Oleksandr Stryuk says it’s holding out even though a Russian reconnaissance and sabotage group went into a city hotel. Stryuk said at least 1,500 people have been killed in...
Utility gets nod to build 416-mile power line across US West
CHEYENNE, Wyo. (AP) — U.S. land managers Thursday said they've given final permission for a 416-mile transmission line that would connect wind farms in eastern Wyoming with customers in Utah and elsewhere across the West. The U.S. Bureau of Land Management said it has notified...
Lease terms for California offshore wind projects released
SACRAMENTO, Calif. (AP) — The Biden administration has released the lease terms for offshore wind projects that would place hundreds of turbines in California's coastal waters — the first such project off the nation's Pacific coast. The two projects along the state's northern and...
Korean solar panel firm to hire 470 at $171M Georgia plant
DALTON, Ga. (AP) — A Korean solar panel maker announced Thursday that it will expand its presence in Georgia, building a new $171 million plant next to an existing factory in Dalton. The new plant will open in the first half of 2023 and will hire 470 people, Qcells, a unit of...
Kemp signs order suspending Georgia gas taxes until mid-July
ATLANTA (AP) — Gov. Brian Kemp is suspending Georgia's motor fuel tax for six more weeks. The Republican Kemp signed an executive order Thursday extending the tax break through July 14. Kemp used the announcement to again blame Democratic President Joe Biden for...
Violent protest in Greece over planned campus police force
THESSALONIKI, Greece (AP) — Riot police in this northern Greek city fired tear gas to disperse crowds attacking them with gasoline bombs and stones late Thursday during a protest against government plans to introduce policing on university campuses. About 5,000 members of left-wing...
Worry about stagflation, a flashback to '70s, begins to grow
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. ...
