Latest Energy industry News

Belarus holds vote, ignores blatant ballot box stuffing

Nov. 15, 2019 6:58 AM EST

MINSK, Belarus (AP) — Belarus is holding a parliamentary election but with top opposition candidates kept off the ballot, only loyalists to the nation’s authoritarian president will win in what observers see as a dress rehearsal for next year’s similarly skewered presidential vote. Belarus...

Poland to stop importing gas from Russian state provider

Nov. 15, 2019 5:19 AM EST

WARSAW, Poland (AP) — Poland's state gas company said Friday it has notified Russia’s Gazprom that it will not extend a long-term deal on gas imports when it expires in three years. The announcement comes as Poland has been working to reduce its dependence on Russian energy sources, which Moscow has...

Venezuela’s Guaidó urges nation back into the streets

Nov. 15, 2019 12:47 AM EST

CARACAS, Venezuela (AP) — Venezuelan President Nicolás Maduro has seen an ally forced from office and protests rattle leaders across Latin America in recent weeks, while he has enjoyed a period of relatively smooth sailing, expounding his socialist dream in nightly television addresses and attending...

Nation’s largest utility in long-term deals to sell power

Nov. 14, 2019 7:33 PM EST

MEMPHIS, Tenn. (AP) — Most of the local companies that receive power generated by the Tennessee Valley Authority have signed long-term partnership agreements, but some larger customers still have not agreed to the 20-year deals, officials said Thursday. TVA President and CEO Jeff Lyash said during a Board...

US panel backs wider use of fish oil to prevent heart attack

Nov. 14, 2019 6:17 PM EST

WASHINGTON (AP) — Government health experts on Thursday recommended broader use of a prescription-strength fish oil drug to help many more patients at risk for heart attack, stroke and related health problems. Currently the drug, Vascepa, is approved for a relatively narrow group of patients with extremely...

Buffett’s firm adds stake in RH, trims Wells Fargo holdings

Nov. 14, 2019 6:03 PM EST

OMAHA, Neb. (AP) — Warren Buffett’s company has added new investments in luxury retailer RH and Occidental Petroleum while trimming its Wells Fargo holdings. Berkshire Hathaway Inc. filed a quarterly update on its U.S. stock portfolio with regulators on Thursday. The filing shows what...

Energy nominee distances himself from Ukraine investigation

Nov. 14, 2019 3:09 PM EST

WASHINGTON (AP) — The deputy to outgoing Energy Secretary Rick Perry told lawmakers Thursday that he had no role in the Ukraine matters now at the heart of the House’s impeachment investigation as he tried to distance himself from the controversy with the Senate considering his Cabinet nomination....

Gas company to appeal pipeline rejection to Supreme Court

Nov. 14, 2019 3:04 PM EST

WYOMISSING, Pa. (AP) — A gas company whose bid to build a natural gas pipeline through parts of Pennsylvania and New Jersey was rejected in court says it will appeal to the U.S. Supreme Court. The PennEast Pipeline Company said Thursday it would file its appeal by a February deadline. In September, a...

Cuban president says US plan to pressure Cuba failing

Nov. 14, 2019 2:00 PM EST

CAIMANERA, Cuba (AP) — A short distance from the U.S. naval base at Guantanamo Bay, Cuban President Miguel Díaz-Canel said Thursday that the Trump administration’s hardening of the American embargo is failing to force concessions from his government. "The Yankees keep squeezing but we keep...

California faces fraught path out of wildfire, power crisis

Nov. 14, 2019 1:18 PM EST

The utility that serves more than 5 million electrical customers in one of the world’s most technologically advanced areas is now faced again and again with a no-win decision: risk starting catastrophic deadly wildfires, or turn off the lights and immiserate millions of paying customers. Pacific Gas &...