Latest Energy industry News

Circor and Callon fall while Galapagos, Omnicell rise

Jul. 15, 2019 4:34 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Galapagos NV, up $25.01 to $170.76 Drug developer Gilead Sciences is investing $5 billion in the biotechnology company. Callon Petroleum Co., down $1.02 to $5.38 The oil and gas company is buying Carrizo Oil & Gas for $3.2...

Oklahoma AG calls company 'kingpin' in state's opioid crisis

Jul. 15, 2019 4:28 PM EDT

NORMAN, Okla. (AP) — Consumer products giant Johnson & Johnson was a "kingpin" company that helped fuel the most devastating public health crisis in Oklahoma history, the state attorney general argued Monday during the close of his case against the opioid drug manufacturer. Hunter said the New...

Pipe spills oilfield wastewater in Missouri River tributary

Jul. 15, 2019 3:26 PM EDT

BISMARCK, N.D. (AP) — Cleanup is underway after 21,000 gallons of brine oilfield wastewater leaked from an underground pipeline in western North Dakota and into an unnamed tributary of the Missouri River, the state Health Department said Monday. State environmental scientist Bill Suess said the pipeline...

10 Pakistani coal miners trapped after methane explosion

Jul. 15, 2019 2:40 PM EDT

QUETTA, Pakistan (AP) — Pakistani rescue teams struggled to save 10 miners trapped in a coalmine after a methane gas explosion in the southwestern Baluchistan province, an official said Monday. One other miner had already been rescued because he was closer to the surface when the blast occurred late...

EU works to save unraveling nuclear agreement with Iran

Jul. 15, 2019 1:04 PM EDT

BRUSSELS (AP) — European Union nations threw their diplomatic weight behind the unraveling Iran nuclear deal on Monday, trying to rescue the pact from collapsing under U.S. pressure. The 28 EU foreign ministers insisted that recent Iranian actions surpassing uranium enrichment thresholds set by the 2015...

AP FACT CHECK: Trump wrong about Dems, census, citizenship

Jul. 15, 2019 12:19 AM EDT

WASHINGTON (AP) — President Donald Trump is spreading falsehoods on issues of race, immigration and American-ness, exhorting four non-white female lawmakers to "go back" to where they came from and crying foul over his failed bid to add a citizenship question to the 2020 census. He suggests that the...

Chevron ordered to halt oil spill into California canyon

Jul. 14, 2019 6:50 PM EDT

SAN FRANCISCO (AP) — California regulators say Chevron has not done enough to stop a massive oil spill that dumped about 800,000 gallons of crude oil and water into a Kern County canyon, and they want the company to take further action to halt the flow. The seep out of the ground where Chevron injects...

Calls for investigations after power restored in Manhattan

Jul. 14, 2019 4:02 PM EDT

NEW YORK (AP) — A Manhattan power outage that temporarily turned off the bright lights of the big city only lasted for a few hours, but left plenty of lingering questions and calls for investigations on Sunday. Con Ed President Tim Cawley insisted the Saturday night blackout that darkened more than 40...

The Latest: Con Ed: Demand didn't cause power problem

Jul. 14, 2019 3:21 PM EDT

NEW YORK (AP) — The Latest on a power outage in New York City (all times local): 3:15 p.m. Con Ed says a power outage that left parts of Manhattan in the dark for several hours didn't have anything to do with demand on the electrical grid. Con Ed President Tim Cawley says the cause of the Saturday night...

Average US price of gas up by 10 cents per gallon to $2.83

Jul. 14, 2019 3:18 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has risen by 10 cents per gallon (3.8 liters) over the past three weeks to $2.83. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that crude oil prices contributed to the increase at the pump. Additionally,...