Latest Energy industry News

US envoy says Giuliani was given role on Ukraine policy

Oct. 17, 2019 2:36 PM EDT

WASHINGTON (AP) — The U.S. ambassador to the European Union said Thursday that President Donald Trump directed him and other envoys to work with his personal lawyer, Rudy Giuliani, on Ukraine policy and that he disagreed with the directive. Gordon Sondland's closed-door testimony to House impeachment...

Slowing economy, trade wars, drag on US rail companies

Oct. 17, 2019 1:25 PM EDT

OMAHA, Neb. (AP) — The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Two railroads, Union Pacific and CSX, have reported declining profit and revenue this week as they hauled less grain, imported goods and other products. Union Pacific's...

A gusty Northeast cleans up after storm for the record books

Oct. 17, 2019 1:18 PM EDT

BOSTON (AP) — A record-breaking autumn storm plunged hundreds of thousands of people into the dark, toppled trees, canceled schools and delayed trains in the Northeast, while persistent winds Thursday hampered efforts to clean up and restore power. The nor'easter brought high winds and rain to the region...

Program will guide Michigan's transition to renewable fuels

Oct. 17, 2019 12:49 PM EDT

LANSING, Mich. (AP) — State officials have developed a program to help Michigan residents and businesses deal with the energy industry's transition from fossil fuels to renewable power sources. MI Power Grid will serve as a clearinghouse for information and help with integrating clean energy technologies...

Rep. Golden requests hearing on CMP power line

Oct. 17, 2019 12:22 PM EDT

PORTLAND, Maine (AP) — The U.S. Army Corps of Engineers will host a public hearing on Central Maine Power Co.'s planned transmission line at the request of U.S. Rep. Jared Golden. The Democrat says there is a lack of transparency and an opportunity for public input. The proposed line would transmit Quebec...

State fines utility, subcontractors in deadly gas explosion

Oct. 17, 2019 12:02 PM EDT

DURHAM, N.C. (AP) — The North Carolina Department of Labor has issued more than $21,000 in fines to three companies involved in a deadly natural gas explosion. News outlets report PSNC Energy and two subcontractors were cited for the April 10 explosion in Durham that killed two people, injured 25 and...

FirstEnergy subsidiary wins bankruptcy plan approval

Oct. 17, 2019 12:01 PM EDT

TOLEDO, Ohio (AP) — A subsidiary of FirstEnergy Corp. that operates coal and nuclear plants in Ohio, Pennsylvania and West Virginia plans to emerge from bankruptcy protection by the end of the year after getting final approval from a federal judge. But FirstEnergy Solutions also warned this week that it...

AP Explains: A look at Canada's election

Oct. 17, 2019 10:25 AM EDT

TORONTO (AP) — Prime Minister Justin Trudeau is facing a tough re-election battle against his Conservative Party rival, Andrew Scheer, in Canadian elections on Monday. Here's a guide to the election: ___ WHAT'S AT STAKE Trudeau's championing of diversity and gender equality and his refugee-friendly...

Dubai bets billions that Expo 2020 won't be a desert mirage

Oct. 17, 2019 9:29 AM EDT

DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai. This is the site of Expo 2020, a...

Swiss fine commodities giant Gunvor over bribes in Africa

Oct. 17, 2019 8:17 AM EDT

GENEVA (AP) — Swiss authorities have ordered commodities trading giant Gunvor to pay nearly 94 million Swiss francs (dollars) in compensation and fines for failing to stop its representatives from bribing public officials to gain access to oil markets in Congo and Ivory Coast. The Swiss attorney-general's...