Latest Energy industry News

New coal mine operator behind on federal, county taxes

Jan. 24, 2020 12:10 AM EST

CASPER, Wyo. (AP) — The newest operator of three coal mines has fallen behind on federal and county mineral taxes, federal officials said. The Navajo Transitional Energy Company owes the federal government more than $10 million in unpaid taxes accrued from mining coal in three Powder River Basin mines in...

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Asian markets gain as China closes down for Lunar New Year

Jan. 24, 2020 12:08 AM EST

BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...

FILE - In this Nov. 9, 2018, file photo, smoke billows around power transmission lines as the Camp Fire burns in Big Bend, Calif. Pacific Gas & Electric Co., the nation's largest electric utility, filed for bankruptcy last year after facing an estimated $50 billion in damages from several Northern California wildfires that were linked to its equipment, including one blaze in 2018 that killed 85 people and destroyed about 19,000 buildings. (AP Photo/Noah Berger, File)

California bill would make utilities pay some blackout costs

Jan. 23, 2020 8:19 PM EST

SACRAMENTO, Calif. (AP) — Californians left in the dark by electric companies that shut off their power to prevent wildfires could get paid for things such as lost wages or spoiled food under a bill that advanced Thursday in the Legislature. In the state plagued by catastrophic blazes started by strong...

FILE - This April, 2006, file photo shows the Four Corners Power Plant in Waterflow, N.M., near the San Juan River in northwestern New Mexico. The closure of the coal-fired power plant on the Navajo Nation sooner than expected will be a major blow to a region where coal has been a mainstay of the economy for decades.
Arizona Public Service Co. now plans to shutter the Four Corners Power Plant in 2031 when its coal contract expires rather than wait until 2038. (AP Photo/Susan Montoya Bryan, File)

Coal industry on Navajo Nation could end with plant closure

Jan. 23, 2020 7:48 PM EST

FLAGSTAFF, Ariz. (AP) — The closure of a coal-fired power plant on the Navajo Nation sooner than expected will be a major blow to a region where coal has been a mainstay of the economy for decades. The Arizona Public Service Co. now plans to shutter the Four Corners Power Plant near Farmington, New Mexico,...

Senate bills would dramatically cut greenhouse gas emissions

Jan. 23, 2020 4:00 PM EST

BOSTON (AP) — The Massachusetts Senate unveiled bills Thursday that Democratic leaders say will help dramatically reduce the state's greenhouse gas emissions over the next few decades. The transitioning of cars, trucks and buses to carbon-free electric power and the jump-starting of efforts to supply...

Butte-Silver Bow sells old NorthWestern Energy building

Jan. 23, 2020 2:39 PM EST

BUTTE, Mont. (AP) — Butte-Silver Bow County has agreed to sell the former NorthWestern Energy building in Butte to a media production company for $1. Commissioners had authorized the transfer of the five-building complex to Bitterroot Gateway Development in September with an option to buy. Bitterroot...

Pennsylvania high court upholds old precedent in fracking

Jan. 23, 2020 2:28 PM EST

PITTSBURGH, Pa. (AP) — The Pennsylvania Supreme Court has ruled to uphold a legal principle that allows drillers to drain oil and natural gas from outside their property lines. The court overturned a 2018 decision by the lower Superior Court on Wednesday that said the “rule of capture" does not...

North Dakota signals no new conditions on pipeline expansion

Jan. 23, 2020 2:10 PM EST

BISMARCK, N.D. (AP) — North Dakota regulators signaled Thursday that the state would not impose conditions beyond those required by the federal government on a proposal to double the capacity of the Dakota Access Pipeline. Zachary Pelham, an attorney for the three-member, all-Republican North Dakota Public...

FILE - In this Jan. 6, 2020, file photo wind turbines stand on a hill and are surrounded by fog and clouds in the Taunus region near Frankfurt, Germany. Environmentally conscious investing received a lot of attention last week after the world’s largest asset manager said it plans to put climate change and sustainability at the center of its investment approach. (AP Photo/Michael Probst, File)

Why that green fund you bought might include a coal miner

Jan. 23, 2020 2:06 PM EST

NEW YORK (AP) — Environmentally conscious investing received a lot of attention last week after the world’s largest asset manager said it plans to put climate change and sustainability at the center of its investment approach. The decision by BlackRock Inc. should create more investment...

Alaska attorney seeks changes to state oil tax structure

Jan. 23, 2020 1:15 PM EST

ANCHORAGE, Alaska (AP) — An attorney who previously fought cases against Alaska's biggest oil companies has turned to activism and donations to help an effort to increase oil taxes for the public's benefit. Robin Brena is chairing a citizens initiative to raise oil taxes and has become the effort's top...