Latest Energy industry News

Biden sees `win' for US in electric vehicle battery deal

Apr. 11, 2021 13:58 PM EDT

WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the...

Average US price of gas holds steady at $2.94 per gallon

Apr. 11, 2021 13:02 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline held steady over the past two weeks at $2.94 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price at the pump was likely to remain stable or drop as...

Homeowners, group seek action on Alabama Power's solar fee

Apr. 11, 2021 09:02 AM EDT

MONTGOMERY, Ala. (AP) — Homeowners and an environmental group are asking federal regulators to step in over Alabama Power’s fees on home solar panels, fees they argue purposely discourages the use of solar in the sun-rich state. The petition filed with the Federal...

With key deals, Uganda's nascent oil sector nears maturity

Apr. 11, 2021 08:53 AM EDT

KAMPALA, Uganda (AP) — Uganda, Tanzania and French oil company Total signed agreements Sunday on building a heated pipeline to carry crude oil from western Uganda to the Indian Ocean coast. Construction of the pipeline, which would be the world’s longest at 897 miles, is expected to begin...

IMF: Vaccine inequity threatens Mideast's economic recovery

Apr. 11, 2021 07:06 AM EDT

DUBAI, United Arab Emirates (AP) — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday that an uneven...

Official tells Iranian state TV that 'accident' strikes electrical distribution grid of Iran's Natanz nuclear facility

Apr. 11, 2021 00:42 AM EDT
TEHRAN, Iran (AP) — Official tells Iranian state TV that 'accident' strikes electrical distribution grid of Iran's Natanz nuclear facility.

21 Chinese coal miners trapped by underground flood

Apr. 11, 2021 00:10 AM EDT

BEIJING (AP) — Rescuers on Sunday were trying to reach 21 coal miners who were trapped by an underground flood in China's northwest, a state news agency reported. The mine in Hutubi County in the Xinjiang region flooded at about 6:10 p.m. on Saturday, the Xinhua News...

AP source: Electric vehicle battery firms settle trade spat

Apr. 10, 2021 22:59 PM EDT

WASHINGTON (AP) — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move ahead with plans to make batteries in Georgia, a person briefed on the matter says. LG Energy Solution and SK Innovation...

Wrong way crash leads to interstate closure, arrest

Apr. 10, 2021 12:20 PM EDT

CHARLESTON, S.C. (AP) — A drunk driver traveling the wrong direction on Interstate 526 in South Carolina hit a tanker head-on, leading to a gas leak that closed both sides of the interstate for hours, police said. There were injuries, but none considered...

Thousands rally in Serbia to protect the environment

Apr. 10, 2021 10:48 AM EDT

BELGRADE, Serbia (AP) — Protesters in Serbia rallied Saturday demanding that the government protect the environment in a Balkan nation that has seen record levels of air pollution and scores of other ecological problems following decades of neglect. Several thousand...