Latest Energy industry News

Colorado won't halt drilling as it refocuses rules on safety

May. 21, 2019 7:16 PM EDT

DENVER (AP) — Colorado officials said Tuesday that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of the state Department of Natural Resources, said lawmakers did...

Libyan National Army hires firm to forge closer ties with US

May. 21, 2019 5:43 PM EDT

WASHINGTON (AP) — A Libyan general who has gained control of the city of Benghazi and is believed to have ties to the CIA has hired a Texas-based lobbying firm to help him forge closer relations with the U.S. as he seeks to defeat rival militias and consolidate his hold on the North African country. Field...

Speedy reactor cleanups may carry both risks and rewards

May. 21, 2019 5:25 PM EDT

PLYMOUTH, Mass. (AP) — Companies specializing in the handling of radioactive material are buying retired U.S. nuclear reactors from utilities and promising to clean them up and demolish them in dramatically less time than usual — eight years instead of 60, in some cases. Turning nuclear plants over...

Minister: Gas drilling at 8 sites off Cyprus over 24 months

May. 21, 2019 4:08 PM EDT

LIMASSOL, Cyprus (AP) — Cyprus' energy minister says energy companies will drill in search of natural gas in waters off the east Mediterranean island nation's southern coast at eight separate sites over the next two years. Georgios Lakkotrypis said Tuesday that exploratory drilling would take place at six...

The Latest: Merkel, Macron and Putin discuss Iran situation

May. 21, 2019 3:44 PM EDT

DUBAI, United Arab Emirates (AP) — The Latest on developments in the Persian Gulf region and elsewhere in the Mideast amid heightened tensions between the U.S. and Iran (all times local): 11:40 p.m. The German government says Chancellor Merkel and French President Emmanuel Macron have discussed the...

Wind developer seeks proposals for whale monitoring system

May. 21, 2019 2:32 PM EDT

BOSTON (AP) — The developer of a wind farm off Massachusetts is taking steps to protect the endangered North Atlantic right whale. Vineyard Wind announced Tuesday it's seeking proposals for an acoustic monitoring system to detect and track the critically endangered species. The company says the system will...

Bomb-laden drone from Yemen rebels targets Saudi airport

May. 21, 2019 2:20 PM EDT

DUBAI, United Arab Emirates (AP) — Yemen's Iranian-allied Houthi rebels attacked a Saudi airport and military base with a bomb-laden drone Tuesday, an assault acknowledged by the kingdom as Middle East tensions remained high between Tehran and Washington. There were no immediate reports of injuries or...

Egypt to hike electricity prices in July

May. 21, 2019 8:03 AM EDT

CAIRO (AP) — Egypt says it will raise electricity prices for households and businesses by an average of 15 percent, the latest in a series of austerity measures aimed at boosting the economy. Electricity Minister Mohammed Shaker said Tuesday that rates will be raised in July. He says the government aims to...

New Zealand crews reenter coal mine 8 years after 29 killed

May. 21, 2019 1:24 AM EDT

WELLINGTON, New Zealand (AP) — Crews in New Zealand on Tuesday reentered an underground coal mine where a methane explosion killed 29 workers more than eight years ago, raising hopes among family members that they might find bodies and new evidence that leads to criminal charges. Anna Osborne, whose...

Officials say Iran quadruples production of enriched uranium

May. 20, 2019 11:21 PM EDT

TEHRAN, Iran (AP) — Iran quadrupled its uranium-enrichment production capacity amid tensions with the U.S. over Tehran's atomic program, nuclear officials said Monday, just after President Donald Trump and Iran's foreign minister traded threats and taunts on Twitter. Iranian officials made a point to...