Latest Energy industry News

Trump EPA close to gutting Obama rule on coal power plants

Jun. 19, 2019 3:15 AM EDT

WASHINGTON (AP) — The Trump administration is close to completing one of its biggest rollbacks of environmental rules, replacing a landmark Obama-era effort that sought to wean the nation's electrical grid off coal-fired power plants and their climate-damaging pollution. The final Trump administration...

Iraqi official: Rocket hits oil site, wounds 3 Iraqi workers

Jun. 19, 2019 3:05 AM EDT

BAGHDAD (AP) — Iraqi officials say a rocket hit an oil-drilling site in southern Basra province, striking a camp housing energy giant Exxon Mobil and wounding three local workers, one seriously. Security official Mahdi Raykan says a Katyusha rocket landed early Wednesday in the Zubair and Rumeila oil...

Russia, China block UN from saying NKorea violated sanctions

Jun. 19, 2019 12:14 AM EDT

UNITED NATIONS (AP) — Russia and China have blocked the U.N. Security Council committee monitoring sanctions against North Korea from declaring that Pyongyang breached the annual limit for importing refined petroleum products which are key for its economy, two U.N. diplomats said Tuesday. The diplomats...

Asian shares up on trade optimism as Trump hints of Xi talks

Jun. 18, 2019 11:32 PM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70. South...

Quake shakes NW Japan, causes 21 injuries and minor damage

Jun. 18, 2019 9:23 PM EDT

TOKYO (AP) — A powerful earthquake jolted northwestern Japan late Tuesday, causing minor injuries to 21 people and a brief evacuation of coastal homes until the risk of a tsunami passed. Store floors were littered with goods that fell off shelves, and roofs of homes showed bare spots where tiles had shaken...

Marijuana industry sets environmental, ethical goals

Jun. 18, 2019 9:06 PM EDT

LOS ANGELES (AP) — An alliance of large marijuana businesses had a message for the public Tuesday: We're good corporate citizens. The 45-member Global Cannabis Partnership, which includes Canopy Growth Corp. and other companies operating in the sector, issued guidelines aimed at minimizing greenhouse gas...

PG&E to pay $1 billion to governments for wildfire damage

Jun. 18, 2019 8:43 PM EDT

SACRAMENTO, Calif. (AP) — A California utility agreed Tuesday to pay $1 billion to 14 local governments to cover damages from a series of deadly wildfires caused by its downed power lines. The settlement is a sliver of the more than $30 billion in potential damages Pacific Gas & Electric is facing in...

Canada reapproves contentious Pacific coast pipeline

Jun. 18, 2019 6:45 PM EDT

TORONTO (AP) — Canadian Prime Minister Justin Trudeau has once again approved the contentious Trans Mountain pipeline expansion that would nearly triple the flow of oil from the Alberta oil sands to the Pacific Coast. The approval Tuesday comes 10 months after the Federal Court of Appeal halted the project...

Experts say blackout in Argentina should have been limited

Jun. 18, 2019 6:03 PM EDT

BUENOS AIRES, Argentina (AP) — As authorities in Argentina try to figure out why electricity surged on a transmission line and touched off a massive blackout covering three nations, experts say power companies should have spotted the problem and taken action to limit the outage. While government officials...

Enbridge pipeline project hits another Minnesota obstacle

Jun. 18, 2019 5:06 PM EDT

MINNEAPOLIS (AP) — Enbridge Energy's plan to replace an aging crude oil pipeline that runs through northern Minnesota hit another obstacle Tuesday when two state agencies said they would hold up approval of the project's permits until problems with its environmental review are resolved. The Minnesota...