Latest Energy industry News

Asian stock markets higher after Wall St sinks further

May. 25, 2022 01:55 AM EDT

BEIJING (AP) — Asian stock markets gained Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai, Hong Kong and Seoul advanced while Tokyo declined. Oil prices rose more than $1 per barrel to stay above $110. ...

Iran building collapse kills 14 as mayor and others detained

May. 25, 2022 00:21 AM EDT

TEHRAN, Iran (AP) — Rescuers dug through debris Tuesday of a building collapse in southwestern Iran that killed at least 14 people, fearful that many more could still be trapped beneath the rubble as authorities arrested the city's mayor in a widening probe of the disaster. The...

Asian stock markets mixed after Wall St sinks further

May. 24, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices rose more than $1 per barrel to stay above...

WVa mine where worker died did not follow safety procedures

May. 24, 2022 16:53 PM EDT

CHARLESTON, W.Va. (AP) — A West Virginia underground mine operator did not follow proper safety procedures prior to the death of a maintenance worker whose brakes failed on his electric utility vehicle and it lost control and crashed, according to a federal regulator. The U.S. Mine...

Editorial Roundup: Indiana

May. 24, 2022 16:21 PM EDT

Anderson Herald Bulletin. May 23, 2022. Editorial: Outbreak of Legionnaires’ may be costly to state Outbreaks of Legionnaires’ disease in prisons are occasionally downplayed by the officials in charge of penal institutions. Earlier this year, it was...

Davos updates | Soros: New tech, AI help repressive regimes

May. 24, 2022 15:02 PM EDT

DAVOS, Switzerland (AP) — Billionaire investor turned philanthropist George Soros has blamed new technology for helping repressive regimes like Russia and China exert greater control. Speaking Tuesday at a dinner for journalists on the sidelines of the World Economic Forum’s...

In Asia, Biden pushes values he struggles to sell at home

May. 24, 2022 14:54 PM EDT

TOKYO (AP) — Joe Biden spent his first trip to Asia as president strengthening economic and military commitments. He pushed new rules for the global economy and promoted democracy in launching a new trade pact. And he summoned fellow Indo-Pacific leaders to do more in defense of Ukraine even if...

Electric battery maker, coal union announce WVa labor pact

May. 24, 2022 14:34 PM EDT

CHARLESTON, W.Va. (AP) — The energy startup SPARKZ said Tuesday it has signed a memorandum of understanding with the nation's largest coal miners' union on a labor-management agreement for its planned electric battery factory in West Virginia. The company and the United Mine...

At Davos, Kerry cites progress on China-US climate group

May. 24, 2022 14:00 PM EDT

DAVOS, Switzerland (AP) — John Kerry, America's top official on climate change, said Tuesday that the U.S. and China were making progress on putting together a group from both countries to work toward quickly reducing greenhouse gas emissions. In an interview with The Associated...

Economy bigger priority than punishing Russia: AP-NORC poll

May. 24, 2022 13:10 PM EDT

WASHINGTON (AP) — Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges, according to a new poll. While broad support for U.S....