Latest Energy industry News

Hundreds evacuated after oil spill in central Philippines

Jul. 6, 2020 1:26 AM EDT

MANILA, Philippines (AP) — More than 400 people have been evacuated from a coastal village in the central Philippines after some 250,000 liters (66,000 gallons) of bunker fuel spilled from a power-generating barge into the sea, an official said Monday. “The stench was so bad we have to move people...

Solar power continues growth in Minnesota

Jul. 6, 2020 1:02 AM EDT

MANKATO, Minn. (AP) — Thomas Rekstein no longer minds looking at the electric bill for his Great River Insurance business on North Riverfront Drive. “My electric bill used to be $4,500 annually, now it’s down to $1,200 a year.” Rekstein, who had 38 solar panels installed on the roof...

FILE - In this Aug. 17, 2017 file photo, Emilio Lozoya, former head of Mexico's state-owned oil company Pemex, gives a press conference in Mexico City. Lozoya, who was arrested in February 2020 by Spanish police on an international warrant issued by Mexico, has dropped his extradition fight and agreed to return to Mexico to cooperate in corruption investigations, according to Attorney General Alejandro Gertz Manero on Tuesday, June 30, 2020. (AP Photo/Gustavo Martinez Contreras, File)

Mexican president says ex-oil chief has offered to talk

Jul. 5, 2020 9:09 PM EDT

MEXICO CITY (AP) — President Andrés Manuel López Obrador said Sunday the former head of Mexico’s state oil company has offered to talk about investigations into corruption at the company, known as Pemex. López Obrador said Emilio Lozoya “has offered to talk,” adding...

FILE - This Feb. 8, 2018, file photo shows a sign along a highway to protests the route of the Atlantic Coast Pipeline in Deerfield, Va. The developers of the Atlantic Coast Pipeline announced Sunday, July 5, 2020, that they are canceling the multi-state natural gas project, citing delays and increasing cost uncertainty. (AP Photo/Steve Helber, File)

Developers cancel long-delayed, $8B Atlantic Coast Pipeline

Jul. 5, 2020 6:56 PM EDT

RICHMOND, Va. (AP) — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation. Despite a victory last month at the United States Supreme Court over a critical...

Developers of the Atlantic Coast Pipeline announce cancellation of multi-state natural gas project

Jul. 5, 2020 3:35 PM EDT
RICHMOND, Va. (AP) — Developers of the Atlantic Coast Pipeline announce cancellation of multi-state natural gas project.
Kayakers race in front of the Burj Khalifa, the world's tallest building, off the coast of Dubai, United Arab Emirates, Friday, June 19, 2020. Dubai has begun allowing organized sports competitions to take place after locking down over the coronavirus pandemic and the COVID-19 illness it causes. Competitions held Friday at the Dubai Offshore Sailing Club were among the first events to be held. (AP Photo/Jon Gambrell)

UAE orders government shakeup as virus erodes economic gains

Jul. 5, 2020 8:00 AM EDT

DUBAI, United Arab Emirates (AP) — The United Arab Emirates announced a wide-ranging government shakeup on Sunday aimed at creating a more flexible and modern bureaucracy to tackle challenges as the coronavirus and lower oil prices erode what was already sluggish economic growth. The UAE prime minister...

Alabama business produces CBD products using state hemp

Jul. 5, 2020 12:01 AM EDT

FLORENCE, Ala. (AP) — Carmelo Parasiliti’s goal for Green Acres Organic Pharms is to provide quality CBD products for the public at the lowest possible cost. The unique part of his operation is that he is using Alabama-grown hemp to make the products in the Shoals. He said most stores that sell CBD...

Chlorine gas leak at plant sickens 70 in southeast Iran

Jul. 4, 2020 2:03 PM EDT

TEHRAN, Iran (AP) — A chlorine gas leak at a petrochemical center in southeast Iran sickened 70 workers, state-run IRNA news agency reported Saturday. Most of the workers at the Karun petrochemical center in the city of Mahshahr in southeast Khuzestan province were released after undergoing medical...

Drivers seeing lowest July 4 weekend gas prices in 4 years

Jul. 4, 2020 9:28 AM EDT

TRENTON, N.J. (AP) — Motorists heading out for the holiday weekend in New Jersey and around the country are seeing the lowest gas prices for the July 4 period in four years. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday ticked up a penny to $2.16. Drivers were...

In this April 29, 2020 photo, Venezuelan shipping magnate Wilmer Ruperti smokes a cigarette during an interview in Caracas, Venezuela. As a result of U.S. sanctions on Venezuela, a high-stakes legal fight in U.S. federal court is pitting Ruperti against Greek shipping magnate Evangelos Marinakis, in connection with oil tanker Alkimos carrying high octane gasoline estimated to be worth millions. (AP Photo/Scott Smith)

Venezuela sanctions set off fight for 'plundered' oil cargo

Jul. 3, 2020 5:33 PM EDT

MIAMI (AP) — For two months, the Malta-flagged oil tanker Alkimos has been quietly floating off the Gulf Coast of Texas, undisturbed by the high-stakes legal fight playing out in a federal courtroom as a result of American sanctions on Venezuela. The commercial dispute, which hasn’t been previously...