Latest Energy industry News

The Latest: Venezuela government says attack caused blackout

Jul. 23, 2019 4:00 AM EDT

CARACAS, Venezuela (AP) — The Latest on Venezuela's blackout (all times local): 7:35 p.m. Venezuela's socialist government is blaming a nationwide blackout on an "electromagnetic attack" against the nation's hydroelectric system. Communications Minister Jorge Rodríguez read a statement broadcast on...

Asian stocks rise on hopes for US-China trade talks

Jul. 23, 2019 3:15 AM EDT

BEIJING (AP) — Asian stock markets rose Tuesday on optimism over possible new U.S.-China talks despite concerns about rising Middle East tensions. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all climbed. Traders were encouraged by U.S. Treasury Secretary Steven Mnuchin's suggestion last week that...

Asian stocks rise on hopes for US-China trade talks

Jul. 23, 2019 2:32 AM EDT

BEIJING (AP) — Asian stock markets rose on Thursday on optimism over possible new U.S.-China talks despite rising Middle East tensions. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all climbed. U.S. Treasury Secretary Steven Mnuchin suggested last week that trade envoys might meet in person...

Hawaii utility plans service breaks following power outage

Jul. 23, 2019 2:31 AM EDT

LIHUE, Hawaii (AP) — A Hawaii electric utility is asking customers to conserve energy as it utilizes planned breaks in service to recover from a widespread power outage. The Garden Island reported Monday that Kauai Island Utility Cooperative has asked for voluntary energy reductions due to its limited...

Ohio lawmakers set vote on $1B lifeline for 2 nuclear plants

Jul. 23, 2019 1:55 AM EDT

TOLEDO, Ohio (AP) — Ohio could become the latest state to hand out a billion dollar financial rescue for its nuclear power plants. Lawmakers in the Ohio House are set to vote Tuesday on a plan that would give $150 million a year to stop the unprofitable nuclear plants from closing prematurely. Republican...

Much of Venezuela in the dark again after massive blackout

Jul. 23, 2019 12:00 AM EDT

CARACAS, Venezuela (AP) — The lights went out across much of Venezuela, reviving fears of the blackouts that plunged the country into chaos a few months ago as the government once again accused opponents of sabotaging the nation's hydroelectric power system. The power in the capital went out after 4 p.m....

Venezuelan government: nationwide blackout appears to have been caused by 'electromagnetic attack' on hydroelectric dam

Jul. 22, 2019 7:34 PM EDT
CARACAS, Venezuela (AP) — Venezuelan government: nationwide blackout appears to have been caused by 'electromagnetic attack' on hydroelectric dam .

House advances bill to aid struggling coal-fired power plant

Jul. 22, 2019 5:37 PM EDT

CHARLESTON, W.Va. (AP) — The West Virginia House of Delegates has advanced a bill to exempt a struggling coal-fired power plant from a state tax. Lawmakers in a House finance committee unanimously approved the measure Monday to stop charging FirstEnergy Solutions the $12.5 million tax. It now moves to the...

Eastern US cities spewing more methane into air than thought

Jul. 22, 2019 5:27 PM EDT

WASHINGTON (AP) — Older U.S. east coast cities are leaking nine times as much natural gas into the air — from homes or pipes heading into houses — than the federal government had thought, a new airborne monitoring study finds. It's probably not a safety problem because what's coming out...

Court issues split decision on natural gas drilling rules

Jul. 22, 2019 5:17 PM EDT

HARRISBURG, Pa. (AP) — A state court on Monday upheld portions of Pennsylvania regulations that address Marcellus Shale natural gas drilling, although the judges also sided with some of the arguments made by an industry group. The seven-judge Commonwealth Court panel's 91-page decision concerns a lawsuit...