Latest Energy industry News

Big investors up call for governments to take climate action

Dec. 9, 2019 3:02 AM EST

MADRID (AP) — More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change. The investors, including banks, pension funds and insurance companies, directed their message to countries participating in...

Recent developments surrounding the South China Sea

Dec. 9, 2019 12:54 AM EST

BEIJING (AP) — A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple territorial disputes over islands, coral reefs and lagoons. The waters are a major shipping route for global commerce and are rich in fish and possible oil and gas reserves. ...

Illinois power company hires goats to clear out brush

Dec. 8, 2019 4:36 PM EST

HILLVIEW, Ill. (AP) — An Illinois power company turned to a herd of goats to clear a steep, rocky plot of land so crews could reach electric lines. The 50 goats spent about about two weeks this fall chewing dense honeysuckle bushes and troublesome poison ivy down to the nub for Ameren Illinois. The utility...

Average US price of gas drops 1 penny per gallon to $2.65

Dec. 8, 2019 4:30 PM EST

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has dipped 1 penny per gallon (3.8 liters) to $2.65 over the past two weeks. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that further cuts to retail gas prices are unlikely because crude oil costs are on the...

Electricity provider planning more Indiana solar farms

Dec. 8, 2019 2:04 PM EST

PERU, Ind. (AP) — A company that provides electricity to dozens of Indiana communities has been working to add at least 17 solar farms to its system, officials said. The Indiana Municipal Power Agency said it now has 21 solar farms generating electricity around the state and is building more at it aims to...

Oil boom, housing crisis bringing sewage problems in camps

Dec. 8, 2019 10:35 AM EST

CARLSBAD, N.M. (AP) — Officials in southeastern New Mexico are struggling to monitor sewage problems from hundreds of camps used to house transient oil field workers. State officials said more than 140 unregistered RV parks in Eddy County were violating liquid water requirements, typically linked to...

Areas producing oil, gas in Texas see more fatal crashes

Dec. 8, 2019 1:06 AM EST

AUSTIN, Texas (AP) — Danielle Galvan was driving to Dallas from her parents' home in the Panhandle when her compact Chevrolet Spark crashed into the rear of a tractor-trailer that was attempting to back up onto U.S. 287 about 10 miles west of Wichita Falls. The 23-year-old aspiring fashion designer and...

Motorists see prices at the pump dip following holiday

Dec. 7, 2019 5:14 PM EST

TRENTON, N.J. (AP) — Motorists are seeing prices at the pump dip a bit in New Jersey and around the nation. AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.56, a penny lower than a week ago. Drivers were paying $2.49 a gallon at this time a year ago. The...

Protests erupt as Russia seeks closer ties with Belarus

Dec. 7, 2019 3:22 PM EST

MINSK, Belarus (AP) — The leaders of Russia and Belarus spent more than five hours Saturday in sensitive talks on deepening ties between the two allies — a meeting that triggered a protest in the Belarusian capital among those who fear Russia's intentions. No immediate deal was announced after the...

Alaska officials estimate $200M drop in oil revenue forecast

Dec. 7, 2019 2:59 PM EST

ANCHORAGE, Alaska (AP) — Alaska's latest revenue forecast has estimated a $200 million decrease in oil revenue after an excess of the resource contributed to lower prices worldwide, state officials said. The state Department of Revenue released the forecast Friday revealing both prices and production are...