Latest Energy industry News

FILE - This Monday, May 30, 2016 file photo shows flowers left next to a vandalized Vietnam War memorial in the Venice area of Los Angeles. On Friday, June 5, 2020, The Associated Press reported on stories photos online incorrectly identified as the Vietnam Veterans Memorial in Washington marred by graffiti as a result of riots after the death of George Floyd. The photos circulating on social media are from 2016 and show this Vietnam Veterans Memorial replica in Los Angeles, which was defaced in that year. (AP Photo/Richard Vogel, File)

NOT REAL NEWS: A look at what didn't happen this week

Jun. 5, 2020 5:29 PM EDT

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ____ CLAIM: Photos show the Vietnam Veterans Memorial in Washingon, D.C., marred by...

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, June 5, 2020. Asian markets are mostly lower after Wall Street rally takes a breather, as investors parse unemployment data. (AP Photo/Eugene Hoshiko)

Wall Street's rally zooms higher after surprise gain in jobs

Jun. 5, 2020 4:54 PM EDT

For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation. The S&P 500 jumped another 2.6% after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the...

FILE - In this March 29, 2020, file photo, a bird flies among wind turbines near King City, Mo. The Trump administration is moving to scale back criminal enforcement of a century-old law protecting most American wild bird species. The former director of the U.S. Fish and Wildlife Service told AP billions of birds could die if the government doesn't hold companies liable for accidental bird deaths. (AP Photo/Charlie Riedel, File)

US moves forward with plan to end wild bird protections

Jun. 5, 2020 2:15 PM EDT

BILLINGS, Mont. (AP) — The Trump administration moved forward Friday with plans to scale back a century-old law protecting most American wild bird species despite warnings that billions of birds could die as a result. Officials said in a draft study of the proposal that it could result in more deaths of...

Director General of International Atomic Energy Agency, IAEA, Rafael Mariano Grossi from Argentina, addresses the media during a news conference after a meeting of the IAEA board of governors at the International Center in Vienna, Austria, Monday, March 9, 2020. (AP Photo/Ronald Zak)

UN agency: Iran violating all restrictions of nuclear deal

Jun. 5, 2020 1:43 PM EDT

VIENNA (AP) — Iran has continued to increase its stockpiles of enriched uranium and remains in violation of its deal with world powers, the United Nations' atomic watchdog said Friday. The International Atomic Energy Agency reported the finding in a confidential document distributed to member countries and...

In this handout photo provided by the Russian Marine Rescue Service, rescuers work to prevent the spread of an oil spill outside Norilsk, 2,900 kilometers (1,800 miles) northeast of Moscow, Russia, on Tuesday, June 2, 2020. Russian President Vladimir Putin has declared a state of emergency in a region of Siberia after an estimated 20,000 tons of diesel fuel spilled from a power plant storage facility and fouled waterways.(Russian Marine Rescue Service via AP)

Putin chastises Russian tycoon over massive Arctic oil spill

Jun. 5, 2020 10:50 AM EDT

MOSCOW (AP) — Russian President Vladimir Putin on Friday chastised the billionaire owner of a nickel giant for negligence resulting in a massive fuel oil spill that has inflicted huge damage on a fragile Arctic region. An estimated 20,000 tons of diesel oil spilled into the Ambarnaya River last Friday from...

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, June 5, 2020. Asian markets are mostly lower after Wall Street rally takes a breather, as investors parse unemployment data. (AP Photo/Eugene Hoshiko)

Asian shares higher after jobless data snaps Wall St rally

Jun. 5, 2020 12:50 AM EDT

Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days. Tokyo's Nikkei 225 index gained 0.4% to 22,790.65 after opening lower. The Hang Seng in Hong Kong edged 0.1% higher, to 24,371.38. India's Sensex rose 0.8% to 34,265.86 and the Kospi in...

FILE - This Dec. 3, 2018, file photo, shows homes leveled by the Camp Fire line at the Ridgewood Mobile Home Park retirement community in Paradise, Calif. Pacific Gas & Electric's proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited by its equipment faces a last-ditch effort to persuade a judge to reject the plan to get the nation's largest utility out of bankruptcy. (AP Photo/Noah Berger, File)

PG&E critics urge judge to reject utility's bankruptcy plan

Jun. 4, 2020 6:37 PM EDT

SAN RAMON, Calif. (AP) — Pacific Gas & Electric's proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited by its equipment faced a final barrage of resistance from critics Thursday, who told a federal judge that the plan will do more to enrich savvy investors than...

A woman walks past a closed souvenir shop in central capital Nicosia, Cyprus, Wednesday, June 3, 2020. Health Minister Constantinos Ioannou said the third phase of the country's gradual rollback of restrictions will be completed by June 24 instead of July 14. (AP Photo/Petros Karadjias)

Cyprus study shows big pollutant drop during lockdown

Jun. 4, 2020 12:56 PM EDT

NICOSIA, Cyprus (AP) — Researchers in Cyprus offered more evidence on Thursday that a two-month lockdown benefited the Mediterranean island nation’s environment. Preliminary results showed significantly reduced levels of carbon monoxide and nitrogen oxides along a normally busy street and in a...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

Rain clouds hover over mountains during tropical storm Amanda in Barberena, eastern Guatemala, Sunday, May 31, 2020. The first tropical storm of the Eastern Pacific season drenched parts of Central America on Sunday and officials in El Salvador said at least seven people had died in flooding. (AP Photo/Moises Castillo)

Tropical Storm Cristobal makes landfall on Mexico Gulf coast

Jun. 3, 2020 10:51 PM EDT

MEXICO CITY (AP) — Tropical Storm Cristobal made landfall in Mexico’s Gulf coast state of Campeche on Wednesday, dumping heavy rain on the already soaked region ahead of an expected eventual turn toward the United States, the U.S. National Hurricane Center said. The Mexican army evacuated 138 people...