Latest Energy industry News

French President Emmanuel Macron delivers a speech as he visits a plant of British-Swedish pharmaceutical group Astrazeneca in Dunkirk, northern France, Monday, Monday, Jan. 20, 2020. French President Emmanuel Macron is hosting 180 international business leaders at the Palace of Versailles in a bid to promote France's economic attractiveness despite over six weeks of crippling strikes over his government's planned pension changes.(Denis Charlet/Pool Photo via AP)

Changing tack, French strikers turn off power to press govt

Jan. 21, 2020 9:09 AM EST

PARIS (AP) — Opening another front in their battle against the French government, protesting workers cut power to thousands of Parisians on Tuesday, plunging homes into darkness and shutting down trains to one of the capital's main airports. The deliberate outage lasted around two hours. It hit users in...

A worker cleans up an electronic stock board of a securities firm in Tokyo, Tuesday, Jan. 21, 2020. Asian stock markets have tumbled as concern about the impact of a Chinese disease outbreak on tourism and regional economies grows. (AP Photo/Koji Sasahara)

Global stocks slide on growing concern about China virus

Jan. 21, 2020 8:28 AM EST

BEIJING (AP) — Stock and oil prices fell Tuesday as concern about the potential impact of a Chinese disease outbreak increased and a rating agency cut Hong Kong's credit rating for official borrowing due to political tension. Indexes in London and Frankfurt declined and Shanghai, Tokyo and Hong Kong closed...

Swedish environmental activist Greta Thunberg takes her seat prior to the opening session of the World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

Thunberg slams Davos elites on climate as Trump takes stage

Jan. 21, 2020 8:06 AM EST

DAVOS, Switzerland (AP) — Young climate activists including Swedish teenager Greta Thunberg told business and political elites gathered Tuesday at the World Economic Forum that they aren't doing enough to tackle the climate emergency and warned them that time was running out. At a panel in the Swiss ski...

FILE In this file photo taken on Friday, Dec. 20, 2019, Russian President Vladimir Putin, right, and Belarusian President Alexander Lukashenko walk before a meeting of the Supreme Eurasian Economic Council in St. Petersburg, Russia. Russia has halted oil supplies to Belarus after the two countries failed to renegotiate a contract amid talks of further improving their economic ties. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File)

Belarus starts importing oil from Norway after Russian halt

Jan. 21, 2020 7:27 AM EST

KYIV, Ukraine (AP) — Belarus started importing oil from Norway Tuesday after its main oil provider —Russia — suspended supplies earlier this month amid stalled talk on further strengthening economic ties between two countries. Belarusian state-run oil company Belneftekhim said Tuesday its...

Anti-war activists stage a rally against the South Korean government's decision to send troops to Hormuz Strait, near the U.S. Embassy in Seoul, South Korea, Tuesday, Jan. 21, 2020. South Korean government on Tuesday said in a press release that the government had decided to send troops to Hormuz Strait to protect South Korean citizens and guarantee the freedom of navigation in the region. The sign reads

S. Korea naval unit to expand operations to Strait of Hormuz

Jan. 21, 2020 1:53 AM EST

SEOUL, South Korea (AP) — A South Korean anti-piracy unit has temporarily expanded its mission to the Strait of Hormuz, a vital global oil route at the center of soaring tensions between Iran and the United States. South Korea’s Defense Ministry announced the expansion Tuesday, saying it was meant...

FILE - In this Feb. 26, 2011 file photo, a Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega, eastern Libya. On Sunday, Jan. 19, 2020, Libya’s National Oil Corporation said that guards under the command of Khalifa Hifter’s forces shut down two key oil fields in the country’s southwestern desert, following the earlier closure of all eastern export terminals.(AP Photo/Hussein Malla, File)

Libyan oil fields remain shut, testing peace summit

Jan. 20, 2020 2:15 PM EST

BENGHAZI, Libya (AP) — Libya’s major oil fields and production facilities remained closed on Monday, its national oil company said, in a sign that the country's east-based forces are not backing down after an international summit to end the Libyan civil war. The Libyan National Oil Corporation...

The logo of the World Economy Forum is displayed on a door at the Congress Centre in Davos, Switzerland, Sunday, Jan. 19, 2020. The 50th annual meeting of the World Economic Forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (Photo/Markus Schreiber)

Rising inequality eroding trust in capitalism - survey

Jan. 20, 2020 7:55 AM EST

DAVOS, Switzerland (AP) — Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos. Among those surveyed in the report published Monday, 56%...

In this photo released by the Disaster Mitigation Agency of Bengkulu Province's Kaur District, rescue team prepares to search for victims of bridge break on a river in Kaur district of Bengkulu province, Indonesia, Monday, Jan, 20, 2020. A footbridge on Indonesia's Sumatra island broke while it was packed with people and several fell into the overflowing river below and drowned, officials said Monday. (Disaster Mitigation Agency of Bengkulu Province's Kaur District via AP)

Crowded footbridge breaks over Indonesian river, killing 9

Jan. 20, 2020 1:21 AM EST

JAKARTA, Indonesia (AP) — A footbridge on Indonesia's Sumatra island broke while it was packed with people and several fell into the overflowing river below and drowned, officials said Monday. Nine bodies have been pulled from the water as far as 20 kilometers (12.4 miles) from the bridge that broke Sunday...

4.5 magnitude earthquake shakes southern Kansas

Jan. 19, 2020 10:08 PM EST

HUTCHINSON, Kan. (AP) — A small earthquake was reported in southern Kansas on Sunday. The U.S. Geological Survey said a magnitude 4.5 earthquake struck about 2 miles (3 kilometers) southwest of Hutchinson shortly after 1 p.m. The service had initially reported that it was a magnitude 4.4 earthquake, but...

Russian President Vladimir Putin, center left, and German Chancellor Angela Merkel, center right, surrounded by other officials talk to each other during their meeting on the sideline of a conference on Libya at the chancellery in Berlin, Germany, Sunday, Jan. 19, 2020. German Chancellor Angela Merkel hosts the one-day conference of world powers on Sunday seeking to curb foreign military interference, solidify a cease-fire and help relaunch a political process to stop the chaos in the North African nation. (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP)

Libya players agree to respect arms embargo, push cease-fire

Jan. 19, 2020 4:34 PM EST

BERLIN (AP) — World powers and other countries with interests in Libya's long-running civil war agreed Sunday to respect a much-violated arms embargo, hold off on military support to the warring parties and push them to reach a full cease-fire, German and U.N. leaders said. The agreement came after about...