Latest Energy industry News

Turkey deploys surveillance drone in northern Cyprus

Dec. 16, 2019 5:30 AM EST

ANKARA, Turkey (AP) — Turkey has dispatched a surveillance and reconnaissance drone to the breakaway north of ethnically divided Cyprus amid tensions over offshore oil and gas exploration, Turkey's state-run Anadolu news agency said Monday. The news agency said the Turkish-made Bayraktar TB2 drone took...

AP FACT CHECK: Trump's selective facts on Ukraine, job myths

Dec. 16, 2019 12:13 AM EST

WASHINGTON (AP) — As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call with Ukraine's president at the heart of the...

Disappointment as marathon climate talks end with slim deal

Dec. 15, 2019 1:21 PM EST

MADRID (AP) — Marathon U.N. climate talks ended Sunday with a slim compromise that sparked widespread disappointment, after major polluters resisted calls for ramping up efforts to keep global warming at bay and negotiators postponed debate about rules for international carbon markets for another year....

Pakistani police arrest alleged Baluch separatists

Dec. 15, 2019 11:25 AM EST

MULTAN, Pakistan (AP) — Six militants from a banned Baluch separatist group were arrested Sunday in an operation in the forested area of southern Sindh Province, Pakistani police said. Senior officer Asad Shah said police seized a large number of weapons from the militants’ hideout in the Kashmor...

California utility scrambles to renegotiate wildfire deal

Dec. 14, 2019 11:26 PM EST

SAN FRANCISCO (AP) — California Gov. Gavin Newsom's opposition to Pacific Gas & Electric's restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution fairly quickly....

Nicaragua nationalizes fuel firm 2 days after US sanctions

Dec. 14, 2019 6:44 PM EST

MANAGUA, Nicaragua (AP) — Nicaragua nationalized the fuel distribution company DNP on Saturday, two days after U.S. authorities sanctioned the firm for allegedly being used by President Daniel Ortega’s family for personal enrichment through non-competitive contracts with government institutions. The...

AP FACT CHECK: Trump's impeachment rage, Bloomberg on coal

Dec. 14, 2019 9:56 AM EST

WASHINGTON (AP) — As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call at the heart of the constitutional showdown....

California governor rejects $13.5 billion PG&E settlement

Dec. 14, 2019 12:22 AM EST

SAN FRANCISCO (AP) — California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas & Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of devastating fires that drove the nation's largest utility into bankruptcy....

Wells Fargo to get millions for U. of Iowa utility deal

Dec. 13, 2019 5:56 PM EST

IOWA CITY, Iowa (AP) — One of the world's largest banks will reap a windfall from the University of Iowa's multi-billion-dollar plan to outsource its utility operations before students or faculty see any benefit from the deal. Wells Fargo is expected to get nearly 1% of the nearly $1.2 billion payment...

Nearly $226M to restore open Gulf after 2010 BP oil spill

Dec. 13, 2019 1:56 PM EST

NEW ORLEANS (AP) — Federal agencies have approved nearly $226 million for 18 projects to restore open ocean and marine habitats that were decimated in the Gulf of Mexico by the 2010 BP oil spill. The projects range from $52.6 million to study deep-sea habitats to $290,000 to find ways to keep sea turtles...