Latest Energy industry News

Stranded residents rescued amid flooding in Missouri

Mar. 21, 2019 10:14 AM EDT

KANSAS CITY, Mo. (AP) — Authorities have rescued several people stranded by flooding in northwest Missouri. The State Highway Patrol said in a tweet that water patrol troopers worked into the night Wednesday in and around Craig. Four people were pulled from homes, while three were rescued from a boat that...

Cannabis-derived CBD oil finding place in ever more products

Mar. 21, 2019 10:11 AM EDT

LOS ANGELES (AP) — From skin-care lotions to bottled water, cannabis companies are rolling out a growing array of consumer products infused with a chemical found in marijuana called cannabidiol, or CBD. The compound doesn't have the ingredient that gives marijuana users a high. Instead, CBD product makers...

Pompeo heads to Lebanon, where Hezbollah is at peak strength

Mar. 21, 2019 8:58 AM EDT

BEIRUT (AP) — U.S. Secretary of State Mike Pompeo hopes to use his first visit to Lebanon this week to step up pressure on Iran and its local ally, Hezbollah. But he could face resistance even from America's local allies, who fear that pushing too hard could spark a backlash and endanger the tiny country's...

European shares shaken by Brexit jitters after gains in Asia

Mar. 21, 2019 8:47 AM EDT

BANGKOK (AP) — Shares were mostly lower in Europe on Thursday and headed for a lower open on Wall Street amid Brexit uncertainties and after the Federal Reserve promised not to raise interest rates this year. Britain's FTSE 100 added 0.3 percent to 7,311, while the DAX in Germany lost 0.9 percent to...

Turkish, Greek ministers meet with 'positive agenda'

Mar. 21, 2019 7:11 AM EDT

ANKARA, Turkey (AP) — The defense chiefs of Turkey and Greece could soon meet as part of confidence-building measures aimed at reducing tensions between the NATO allies, Turkey's foreign minister said Thursday. Mevlut Cavusoglu made the announcement during a joint news conference with his Greek counterpart...

Asian shares gain as Fed says it will hold off on rate hikes

Mar. 21, 2019 1:48 AM EDT

BANGKOK (AP) — Shares in Asia were mostly higher on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index advanced 0.6 percent to 3,109.48 while Hong Kong's Hang Seng gained 0.2 percent to 29,365.55. South Korea's Kospi climbed 0.3...

AP PHOTOS: Remembering the Exxon Valdez oil spill

Mar. 21, 2019 12:03 AM EDT

ANCHORAGE, Alaska (AP) — It was just after midnight on March 24, 1989, when an Exxon Shipping Co. tanker ran aground outside the town of Valdez, Alaska, spewing millions of gallons of thick, toxic crude oil into the pristine Prince William Sound. The world watched the aftermath unfold: scores of herring,...

Missouri regulators approve Midwest wind energy power line

Mar. 20, 2019 11:25 PM EDT

JEFFERSON CITY, Mo. (AP) — Missouri regulators reversed course Wednesday and gave the go-ahead to one of the nation's largest renewable energy projects — a high-voltage power line delivering wind energy from the Midwest to a power grid for eastern states. The proposed Grain Belt Express transmission...

Last customers being reconnected to Puerto Rico power grid

Mar. 20, 2019 10:51 PM EDT

SAN JUAN, Puerto Rico (AP) — Crews shut down generators Wednesday that have powered an island off Puerto Rico's coast — the last customers to be reconnected to the U.S. territory's main power system 18 months after Hurricane Maria destroyed the grid. The Electric Power Authority said it connected an...

Italy: Bus driver abducts 51 children, sets vehicle on fire

Mar. 20, 2019 6:56 PM EDT

MILAN (AP) — A bus driver in northern Italy abducted 51 children and their school chaperones Wednesday, threatening the hostages' lives for 40 minutes and setting the bus on fire at a Carabinieri blockade. Officers from the national police force broke windows at the back of the bus to reach the passengers...