Latest Energy industry News

Stocks stall in midday trading as caution lingers over trade

Oct. 14, 2019 11:55 AM EDT

NEW YORK (AP) — Stocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China. Technology and health care stocks were posting some solid gains even as the energy sector fell because of a decline in the price of...

Do California power shutoffs work? Hard to know, experts say

Oct. 14, 2019 11:07 AM EDT

SAN FRANCISCO (AP) — Millions of Californians spent part of the week in the dark in an unprecedented effort by the state's large electrical utilities to prevent another devastating wildfire. It was the fifth time Pacific Gas & Electric Co. has preemptively cut the power but by far the largest to date...

Russia's Putin visits Saudi Arabia on Mideast trip

Oct. 14, 2019 10:41 AM EDT

DUBAI, United Arab Emirates (AP) — Russian President Vladimir Putin traveled to Saudi Arabia on Monday, meeting with the oil-rich nation's king and crown prince as he seeks to cement Moscow's political and energy ties across the Mideast. Putin received all the trappings of a state visit, with a mounted...

Hong Kong police say homemade bomb targeted officers

Oct. 14, 2019 10:07 AM EDT

HONG KONG (AP) — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. The "loud thud"...

Has tech made it safer to move nukes? Depends whom you ask

Oct. 14, 2019 9:36 AM EDT

RENO, Nev. (AP) — A fight is raging in courts and Congress over where radioactive materials should be stored and how to safely get the dangerous remnants of decades of bomb-making and power generation to a permanent resting place. Nationwide, spent fuel rods lie in temporary cooling ponds at commercial...

Does technology make moving nukes safe? Depends whom you ask

Oct. 14, 2019 9:36 AM EDT

RENO, Nev. (AP) — The plutonium core for the first atomic weapon detonated in 1945 was taken from Los Alamos National Laboratory to a test site in the New Mexico desert in the backseat of a U.S. Army sedan. Officials put other bomb parts inside a metal container, packed it into a wooden crate and secured...

Japan looks for missing after typhoon kills dozens

Oct. 14, 2019 7:36 AM EDT

NAGANO, Japan (AP) — Rescue crews dug through mudslides and searched near swollen rivers Monday as they looked for those missing from a typhoon that left dozens dead and caused serious damage in central and northern Japan. Typhoon Hagibis unleashed torrents of rain and strong winds Saturday, leaving...

Images show damage after mysterious Iran oil tanker attack

Oct. 14, 2019 5:33 AM EDT

DUBAI, United Arab Emirates (AP) — New images have emerged of an Iranian oil tanker that Tehran says came under missile attack off Saudi Arabia's coast in the Red Sea. Video broadcast by the Saudi-owned satellite news channel Al Arabiya show what appears to be an oil slick behind the Sabiti. Meanwhile,...

Ecuador deal cancels austerity plan, ends indigenous protest

Oct. 14, 2019 2:20 AM EDT

QUITO, Ecuador (AP) — Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.  Under the agreement, Moreno will withdraw the...

Ecuador indigenous, president strike deal to end protests

Oct. 13, 2019 11:14 PM EDT

QUITO, Ecuador (AP) — President Lenín Moreno and leaders of Ecuador's indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.  Under the agreement announced just before 10...