Latest Energy industry News

A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Koji Sasahara)

Asian shares extend losses as toll from pandemic surges

Mar. 30, 2020 2:01 AM EDT

BANGKOK (AP) — Asian markets started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan's benchmark fell nearly 3% and other regional markets were mostly lower. Shares in...

A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world.(AP Photo/Koji Sasahara)

Asian shares extend losses as toll from pandemic surges

Mar. 29, 2020 10:52 PM EDT

BANGKOK (AP) — Asian shares started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan's benchmark dropped almost 4% and other regional markets were mostly lower. Shares in...

Washington utility to buy power from Montana tribal group

Mar. 29, 2020 5:39 PM EDT

BILLINGS, Mont. (AP) — A Washington state electric utility signed a contract to purchase hydroelectric power from a Montana tribal company. Puget Sound Energy Inc. signed the 15-year contract to draw power from a project operated by Energy Keepers Inc., owned by the Confederated Salish and Kootenai Tribes...

Nevada distilleries turning hooch into hand sanitizer

Mar. 29, 2020 11:41 AM EDT

RENO, Nev. (AP) — Several alcohol distilleries in Nevada unable to make liquor under current coronavirus shutdowns are turning their attention to another product to help soothe customers. They're combining their key ingredient — ethanol, which kills germs — with aloe vera or other chemicals...

In this photo taken March 3, 2020, the Klamath River is seen flowing across northern California from atop Cade Mountain in the Klamath National Forest. A plan to demolish four dams on California's second-largest river to benefit threatened salmon has sharpened a decades-old dispute over who has the biggest claim to the river's life-giving waters. The project, if it goes forward, would be the largest dam demolition project in U.S. history and reopen 400 stream miles of potential salmon habitat that's been blocked off for more than a century. Numerous tribes in southern Oregon and northern California are pushing for the dams' removal to save dwindling salmon populations in California's second-largest river. (AP Photo/Gillian Flaccus)

Largest US dam removal stirs debate over coveted West water

Mar. 29, 2020 11:20 AM EDT

KLAMATH, Calif. (AP) — California's second-largest river has sustained Native American tribes with plentiful salmon for millennia, provided upstream farmers with irrigation water for generations and served as a haven for retirees who built dream homes along its banks. With so many demands, the Klamath...

In this photo taken March 3, 2020, the Iron Gate Dam, powerhouse and spillway are on the lower Klamath River near Hornbrook, Calif. A plan to demolish four dams on California's second-largest river to benefit threatened salmon has sharpened a decades-old dispute over who has the biggest claim to the river's life-giving waters. The project, if it goes forward, would be the largest dam demolition project in U.S. history and would include the Iron Gate Dam facility pictured. (AP Photo/Gillian Flaccus)

Largest US dam removal stirs debate over coveted West water

Mar. 29, 2020 11:18 AM EDT

KLAMATH, Calif. (AP) — The second-largest river in California has sustained Native American tribes with plentiful salmon for millennia, provided upstream farmers with irrigation water for generations and served as a haven for retirees who built dream homes along its banks. With so many competing demands,...

FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)

Rosneft hands Venezuelan oil business to Russian state firm

Mar. 28, 2020 7:56 PM EDT

MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in the...

Russia’s state-controlled Rosneft oil company says it is ceasing operations and selling its assets in Venezuela

Mar. 28, 2020 2:11 PM EDT
MOSCOW (AP) — Russia’s state-controlled Rosneft oil company says it is ceasing operations and selling its assets in Venezuela.

Gas prices keep falling amid lower demand during epidemic

Mar. 28, 2020 2:09 PM EDT

TRENTON, N.J. (AP) — Gas prices in New Jersey and across the nation are still falling amid decreased demand with fewer drivers on the road during the coronavirus epidemic. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.22, down nine cents from a week ago....

Hawaiian Electric to extend service suspensions to mid-May

Mar. 28, 2020 12:09 PM EDT

HONOLULU (AP) — A utility company in Hawaii has adjusted its operations and some of its services to potentially reduce the spread of the coronavirus. The Hawaiian Electric Company announced plans to extend the suspension of service disconnections for customers another month, adding that any notices...