Latest Energy industry News

Gunmen attack Iran military parade, killing at least 25

Sep. 22, 2018 9:34 AM EDT

TEHRAN, Iran (AP) — Gunmen disguised as soldiers attacked an annual Iranian military parade Saturday in the country's oil-rich southwest, killing at least 25 people and wounding 53 in the bloodiest assault to strike the country in recent years. The attack in Ahvaz saw gunfire sprayed into a crowd of...

The Latest: Syria condemns 'terrorist' attack in Iran

Sep. 22, 2018 8:34 AM EDT

TEHRAN, Iran (AP) — The Latest on attack on Iranian military parade(all times local): 4 p.m. Syria's Foreign Ministry has condemned the "terrorist" attack on a military parade in Iran's southwest that killed 24 people and wounded dozens. In a statement quoting a Foreign Ministry official, the Syrian...

NC river swirls with gray muck near flooded coal ash dump

Sep. 22, 2018 12:09 AM EDT

WILMINGTON, N.C. (AP) — Gray muck is flowing into the Cape Fear River from the site of a dam breach at a Wilmington power plant Friday where an old coal ash dump had been covered over by Florence's floodwaters. Duke Energy spokeswoman Paige Sheehan said Friday the utility doesn't believe the breach at the...

Flooding: Dam breach at Duke plant; coal ash could spill

Sep. 21, 2018 9:43 PM EDT

WILMINGTON, N.C. (AP) — Florence's floodwaters breached a dam holding back a large reservoir at a Wilmington power plant Friday, and coal ash from an adjacent dump could be flowing into the nearby Cape Fear River. Duke Energy spokeswoman Paige Sheehan said the utility doesn't believe the breach at the L.V....

The Latest: Death toll rises to 43 in aftermath of Florence

Sep. 21, 2018 9:21 PM EDT

The Latest on the effects of Hurricane Florence (all times local): 8:15 p.m. Authorities say the death toll has now risen to 43 dead in the aftermath of former Hurricane Florence. A statement released by North Carolina Gov. Roy Cooper's office said Friday evening that there are now 32 confirmed dead in that...

Canceling Georgia nuclear plant could cost owners billions

Sep. 21, 2018 6:52 PM EDT

ATLANTA (AP) — The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans. In a letter to the plant's three owners, the Department of Energy said late...

Rising oil prices haven't hurt the US economy so far

Sep. 21, 2018 6:47 PM EDT

DALLAS (AP) — America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes, leaving...

The Latest: Feds say canceling nuke plant could cost owners

Sep. 21, 2018 6:40 PM EDT

ATLANTA (AP) — The Latest on cost overruns from construction at a nuclear power plant in Georgia (all times local): 6:40 p.m. The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of...

Dow hits another all-time high on mixed day for US stocks

Sep. 21, 2018 4:53 PM EDT

Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average. An afternoon sell-off erased modest gains for the S&P 500 that had the benchmark index on track to eke out its own record high...

Report: Missouri landfill emissions once posed health risks

Sep. 21, 2018 4:50 PM EDT

ST. LOUIS (AP) — Emissions near a troubled St. Louis County landfill once posed health concerns for workers and nearby residents, but the risks have largely disappeared thanks to cleanup efforts, according to a state report released Friday. The report from the Missouri Department of Health and Senior...