Latest Energy industry News

Journalists see heart of Saudi oil industry after attack

Sep. 20, 2019 10:55 AM EDT

BUQAYQ, Saudi Arabia (AP) — Saudi Arabia took journalists on Friday to the site of a missile-and-drone strike on the kingdom's oil industry that shook global energy markets over the weekend, while Kuwait raised the security levels at its ports following the attack that the U.S. alleges Iran carried out....

Stocks edge higher; S&P 500 heads for another week of gains

Sep. 20, 2019 10:53 AM EDT

NEW YORK (AP) — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a fourth straight weekly gain, even after some volatility during the week caused by...

The Latest: Trump says new sanctions on Iran after attack

Sep. 20, 2019 10:50 AM EDT

BUQAYQ, Saudi Arabia (AP) — The Latest on tensions in the Persian Gulf (all times local): 5:45 p.m. President Donald Trump says his administration is imposing additional sanctions on Iran following last weekend's attack on Saudi oil facilities, which the administration has blamed on the Islamic Republic....

Journalists see heart of Saudi oil industry after attack

Sep. 20, 2019 10:46 AM EDT

BUQAYQ, Saudi Arabia (AP) — Saudi Arabia took journalists on Friday to the site of a missile-and-drone strike on the kingdom's oil industry that shook global energy markets over the weekend, while Kuwait raised the security levels at its ports following the attack that the U.S. alleges Iran carried out....

Climate change will grab globe's focus with summit, strikes

Sep. 20, 2019 10:42 AM EDT

WASHINGTON (AP) — Get ready to hear about global warming — or the "climate emergency " as the United Nations is calling it. In the next week, there will be climate strikes, climate summits, climate debates, a dire climate science report, climate pledges by countries and businesses, promises of...

The Latest: Santa's protest sign says 'reindeer can't swim'

Sep. 20, 2019 10:31 AM EDT

BERLIN (AP) — The Latest on the global climate protests being held in cities around the world (all times local): 2:55 p.m. People in northern Europe took part in world-wide protests of government inaction on climate change, including thousands who marched and chanted in the rain through Denmark's capital A...

Cubans wait hours in gas lines as fuel crisis bites

Sep. 20, 2019 9:46 AM EDT

HAVANA (AP) — A fuel shortage blamed on the Trump Administration has turned filling a tank in Cuba into an ordeal even for a country used to waiting in lines. Around Havana, drivers spend days hunting desperately for gas, calling friends and updating online chat groups with sightings of diesel, regular and...

German government agrees $60 billion climate policy package

Sep. 20, 2019 9:36 AM EDT

BERLIN (AP) — Under pressure from environmental protests and a surge in support for the opposition Green party, the German government agreed Friday on a 54 billion euro ($60 billion) package of measures for tackling climate change. German Chancellor Angela Merkel said the deal agreed by the country's...

Ethiopia: Egypt's Nile dam proposal is against 'sovereignty'

Sep. 20, 2019 8:58 AM EDT

ADDIS ABABA, Ethiopia (AP) — Ethiopia's foreign ministry in a sharply worded statement Friday dismissed Egypt's latest proposal on a massive Nile River dam project as "against the sovereignty of Ethiopia." The statement came shortly after Egypt said a new round of talks over the filling and operation of...

Young people lead global climate change protests

Sep. 20, 2019 8:53 AM EDT

BERLIN (AP) — In Canberra and Kabul, Cape Town and Berlin, and across the globe, hundreds of thousands of people took the streets Friday to demand that leaders tackle climate change in the run-up to a U.N. summit. Many were children who skipped school to take part in the second "Global Climate Strike,"...