Latest Energy industry News
Changing tack, French strikers turn off power to press govt
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...
Global stocks slide on growing concern about China virus
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...
Thunberg slams Davos elites on climate as Trump takes stage
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...
Belarus starts importing oil from Norway after Russian halt
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...
S. Korea naval unit to expand operations to Strait of Hormuz
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...
Libyan oil fields remain shut, testing peace summit
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...
Rising inequality eroding trust in capitalism - survey
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%...
Crowded footbridge breaks over Indonesian river, killing 9
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
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...
Libya players agree to respect arms embargo, push cease-fire
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...
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