Latest Energy industry News

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Asian shares higher after selloffs spurred by Chinese virus

Jan. 21, 2020 11:08 PM EST

Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...

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

Jan. 21, 2020 10:16 PM 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...

South Dakota board approves Keystone XL water permits

Jan. 21, 2020 5:52 PM EST

FORT PIERRE, S.D. (AP) — The South Dakota Water Management Board on Tuesday approved five water permit applications for Keystone XL pipeline construction. The hearing was so contentious that it stretched into a dozen days over the course of four months as American Indian tribes and environmental groups...

President Donald Trump meets with Swiss President Simonetta Sommaruga at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. (AP Photo/ Evan Vucci)

AP FACT CHECK: Trump's Davos remarks rife with distortion

Jan. 21, 2020 5:30 PM EST

WASHINGTON (AP) — On a rarefied world stage in the Swiss Alps, President Donald Trump cited accomplishments on clean air that aren't real, a level of economic progress he hasn't achieved and a blue-collar boom yet to be seen. His preening performance at the Davos economic conference was rife with...

Iowa wants expert review of Dakota Access Pipeline expansion

Jan. 21, 2020 2:35 PM EST

BISMARCK, N.D. (AP) — Iowa regulators want owners of the Dakota Access Pipeline to provide expert analysis to back up the company’s claim that doubling the line’s capacity won't increase the likelihood of a spill, a requirement their counterparts in North Dakota haven't imposed. Texas-based...

Swedish environmental activist Greta Thunberg takes her seat prior to the opening session of the World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

Backatcha: Thunberg returns Trump's climate jibe

Jan. 21, 2020 2:20 PM EST

DAVOS, Switzerland (AP) — Greta Thunberg isn't easily intimidated. The 17-year-old Swedish activist wasted little time on Tuesday to push back against U.S. President Donald Trump's description of climate campaigners as “the perennial prophets of doom" who predict the "apocalypse.” Though...

Wyoming, Montana seek Supreme Court ruling on coal exports

Jan. 21, 2020 2:16 PM EST

CHEYENNE, Wyo. (AP) — Wyoming and Montana asked the U.S. Supreme Court on Tuesday to rule on Washington State's denial of a permit for a port facility that could boost U.S. coal exports. The coal-producing Rocky Mountain states argue the denial violates the Commerce Clause of the U.S. Constitution, which...

US calls for 'immediate' resumption of Libyan oil production

Jan. 21, 2020 2:10 PM EST

CAIRO (AP) — The U.S. Embassy in Libya on Tuesday called for the immediate resumption of oil production in the country, pressuring eastern Libyan forces who have sought to choke off oil exports in territory under their control. Powerful tribal groups loyal to Gen. Khalifa Hifter, whose forces control...

FILE In this file photo taken on Friday, Dec. 20, 2019, Russian President Vladimir Putin, right, and Belarusian President Alexander Lukashenko walk before a meeting of the Supreme Eurasian Economic Council in St. Petersburg, Russia. Russia has halted oil supplies to Belarus after the two countries failed to renegotiate a contract amid talks of further improving their economic ties. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File)

Belarus imports oil from Norway after Russia halts supplies

Jan. 21, 2020 12:08 PM EST

KYIV, Ukraine (AP) — Belarus started importing oil from Norway on Tuesday after Russia, its main oil provider, suspended supplies earlier this month amid stalled talks on further strengthening economic ties between two countries. Belarusian state-run oil company Belneftekhim said its subsidiary bought...

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a campaign event, Monday, Jan. 20, 2020, in Grimes, Iowa. (AP Photo/Patrick Semansky)

Warren wants task force to investigate Trump administration

Jan. 21, 2020 10:26 AM EST

WASHINGTON (AP) — Elizabeth Warren says she’ll create a federal task force to investigate corruption during the Trump administration if she’s elected president. The Massachusetts senator on Tuesday released a plan that her campaign says will “restore integrity and competence”...