Latest Energy industry News

Coast Guard: 2 more capsize victims recovered off Louisiana

Apr. 16, 2021 22:45 PM EDT

PORT FOURCHON, La. (AP) — Divers searching the site of a capsized lift boat off Louisiana recovered two more unresponsive crewmembers late Friday, the Coast Guard said after another day of frantic waiting by family members worried for the fate of those who went missing earlier this week. ...

NC panel signs off on Duke Energy orders on rates, coal ash

Apr. 16, 2021 18:48 PM EDT

RALEIGH, N.C. (AP) — The North Carolina Utilities Commission has signed off on orders involving Duke Energy's two electric subsidiaries in the state over their 2019 rate increase requests and a plan for how the company will pay to get rid of coal ash stored in the state. ...

Another Georgia electric co-op to offer high-speed internet

Apr. 16, 2021 18:08 PM EDT

SANDERSVILLE, Ga. (AP) — Another Georgia electric cooperative will work with a partner to extend broadband internet. The Washington Electric Membership Corp. announced Friday that it will invest $52 million to reach more than 12,000 customers in Baldwin, Emanuel,...

PPG, Alcoa rise; Bank of New York, Marathon Oil fall

Apr. 16, 2021 16:18 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Alcoa Corp., up $2.79 to $35.63. The aluminum maker handily beat analyst's first-quarter profit forecasts on stronger demand and pricing. Matson...

Interior head Haaland revokes Trump-era orders on energy

Apr. 16, 2021 15:32 PM EDT

WASHINGTON (AP) — Interior Secretary Deb Haaland on Friday revoked a series of Trump administration orders that promoted fossil fuel development on public lands and waters, and issued a separate directive that prioritizes climate change in agency decisions. The moves...

New blast at St. Vincent volcano; cruise ship helps evacuees

Apr. 16, 2021 13:56 PM EDT

KINGSTOWN, St. Vincent (AP) — La Soufriere volcano shot out another explosive burst of gas and ash on Friday as a cruise ship arrived to evacuate some of the foreigners who had been stuck on a St. Vincent island coated in ash from a week of violent eruptions. The...

Alaska March job numbers lower amid ongoing pandemic toll

Apr. 16, 2021 13:04 PM EDT

JUNEAU, Alaska (AP) — Alaska had 21,900 fewer jobs last month than in March 2020, which was just before the state started experiencing large job losses due to the pandemic, the state labor department reported Friday. The department said the March data provides the final...

Blackouts cause North Dakota oil and gas production to fall

Apr. 16, 2021 07:42 AM EDT

BISMARCK, N.D. (AP) — The winter storms that paralyzed Texas and other south-central states and resulted in rolling power blackouts elsewhere caused North Dakota's oil and gas production to fall more than expected in February. The blackouts temporarily shut down...

No response as divers knock on capsized ship hull

Apr. 15, 2021 23:24 PM EDT

PORT FOURCHON, La. (AP) — Families anxiously awaited news of the 12 people missing from a capsized oil industry vessel Thursday while divers searching for survivors knocked on the ship's hull without response. Rescuers don’t know whether any of the missing might be...

Regulators rebuke PG&E for neglect in reducing wildfire risk

Apr. 15, 2021 18:53 PM EDT

SAN RAMON, Calif. (AP) — California regulators are stepping up their oversight of Pacific Gas & Electric after finding that the nation's largest utility has neglected the maintenance of an electrical grid that has ignited a series of deadly wildfires in Northern California and forced...