Latest Energy industry News

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Asian shares higher after selloffs spurred by Chinese virus

Jan. 21, 2020 11:08 PM EST

Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...

GM's Cruise heads down new road with new robotaxi concept

Jan. 21, 2020 10:16 PM EST

SAN FRANCISCO (AP) — General Motors' self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators to transport people around crowded cities. The...

Massachusetts Gov. Charlie Baker, center, waves at the conclusion of his state of the state address in the House Chamber, Tuesday, Jan. 21, 2020, at the Statehouse, in Boston. (AP Photo/Steven Senne)

Gov. Baker outlines goals in State of Commonwealth address

Jan. 21, 2020 8:40 PM EST

BOSTON (AP) — Gov. Charlie Baker said he wants to dramatically reduce the state's reliance on polluting fuels while expanding housing opportunities and upgrading the state's public transportation system. Baker outlined the goals Tuesday during his State of the Commonwealth address at the Massachusetts...

Virginia Senate panel OKs offshore drilling, fracking bans

Jan. 21, 2020 7:33 PM EST

RICHMOND, Va. (AP) — A Virginia Senate committee on Tuesday advanced measures that would ban offshore drilling as well as hydraulic fracturing in much of eastern Virginia. Similar versions of both measures have been proposed in previous years but died in what was then a Republican-controlled General...

New Mexico Gov. Michelle Lujan Grisham gives her State of the State address during the opening of the New Mexico legislative session in the House chambers at the state Capitol in Santa Fe, N.M. on Tuesday, Jan. 21, 2020. (AP Photo/Craig Fritz)

New Mexico governor seeks money for early childhood programs

Jan. 21, 2020 7:28 PM EST

SANTA FE, N.M. (AP) — Democratic Gov. Michelle Lujan Grisham urged legislators to legalize recreational marijuana, underwrite tuition-free college for local residents and boost spending on early childhood education amid efforts to improve economic opportunity in a state with the highest rate of poverty in...

FILE - This Nov. 9, 2009, file photo shows the coal-fired San Juan Generating Station near Farmington, N.M. New Mexico regulators are hearing from the public Tuesday, Jan. 21, 2020 as they consider plans by the state's largest electric utility to replace the power that will be lost when the coal-fired station closes in 2022. The hearing before the Public Regulation Commission will stretch into next week, but it could be months before a decision is reached as other aspects of the case are in legal limbo. (AP Photo/Susan Montoya Bryan, File)

New Mexico regulators open hearing on PNM replacement power

Jan. 21, 2020 6:20 PM EST

ALBUQUERQUE, N.M. (AP) — New Mexico regulators heard from dozens of people Tuesday as they began considering proposals by the state's largest electric utility to replace the power that will be lost with the planned closure of the coal-fired San Juan Generating Station in 2022. The hearing before the...

New Mexico Gov. Michelle Lujan Grisham gives her State of the State address during the opening of the New Mexico legislative session in the House chambers at the state Capitol in Santa Fe, N.M. on Tuesday, Jan. 21, 2020. (AP Photo/Craig Fritz)

New Mexico governor seeks new investments in education

Jan. 21, 2020 6:16 PM EST

SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham on Tuesday urged legislators at the outset of the state's annual legislative session to rally around new financial commitments to public education that range from an expansion of preschool slots to free college tuition for local residents. Lujan...

South Dakota board approves Keystone XL water permits

Jan. 21, 2020 5:52 PM EST

FORT PIERRE, S.D. (AP) — The South Dakota Water Management Board on Tuesday approved five water permit applications for Keystone XL pipeline construction. The hearing was so contentious that it stretched into a dozen days over the course of four months as American Indian tribes and environmental groups...

President Donald Trump meets with Swiss President Simonetta Sommaruga at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. (AP Photo/ Evan Vucci)

AP FACT CHECK: Trump's Davos remarks rife with distortion

Jan. 21, 2020 5:30 PM EST

WASHINGTON (AP) — On a rarefied world stage in the Swiss Alps, President Donald Trump cited accomplishments on clean air that aren't real, a level of economic progress he hasn't achieved and a blue-collar boom yet to be seen. His preening performance at the Davos economic conference was rife with...

Alaska agency to hold public hearing on oil assets sale

Jan. 21, 2020 4:28 PM EST

ANCHORAGE, Alaska (AP) — A public hearing on the proposed sale between two oil companies of a share of the trans-Alaska pipeline was scheduled despite their request to approve the transaction without one, according to state regulators. The five-member Regulatory Commission of Alaska oversees utilities and...