Energy industry

May 10, 2019 - 5:24 pm
GILLETTE, Wyo. (AP) — The nation's third-largest coal company by production volume filed for bankruptcy Friday as utility companies increasingly turn to gas-fired generation and renewable energy for electricity. Gillette-based Cloud Peak Energy filed for Chapter 11 reorganization in U.S. Bankruptcy...
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May 10, 2019 - 12:49 pm
BISMARCK, N.D. (AP) — North Dakota is preparing to sue Washington state over a new Washington law requiring oil shipped by rail through that state to have more of its volatile gases removed, which supporters say would reduce the risk of explosive and potentially deadly derailments. North Dakota...
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May 10, 2019 - 8:21 am
MADRID (AP) — Spanish police say they have arrested Venezuela's former minister of electrical development in Madrid on a warrant from the United States. Javier Alvarado Ochoa is under investigation in the U.S. for charges related to alleged money laundering linked to Venezuela's state oil company,...
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This satellite image provided by the Department of Justice shows what the DoJ says is the North Korean cargo ship Wise Honest docked at a unknown port. The Trump administration has seized the North Korean cargo ship used to supply coal to the isolated nation in violation of international sanctions, law enforcement officials said Thursday, May 9, 2019. The seizure of the vessel, detained last month in Indonesia, comes at a delicate moment between the two countries. (Department of Justice via AP)
May 10, 2019 - 3:21 am
SEOUL, South Korea (AP) — The United States has made a highly unusual seizure of a huge North Korean cargo ship involved in banned coal transports. But it's nothing new for North Korea, which has long gone to extraordinary lengths to bypass crippling U.N. sanctions and earn the impoverished nation...
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Mexican President Andrés Manuel López Obrador, waves a flag to launch construction work during a ceremony at the Military Airbase Number 1 in Santa Lucia, on the outskirts of Mexico City, Monday, April 29, 2019. López Obrador symbolically launched work on a new airport for Mexico City to replace the nearly half-built $13 billion project he cancelled upon taking office.(AP Photo/Marco Ugarte)
May 09, 2019 - 10:32 pm
MEXICO CITY (AP) — The Mexican government and state-owned oil company Pemex will oversee construction of a new $8 billion refinery after international companies bidding for the project could not meet the government's time or budget requirements, President Andrés Manuel López Obrador said Thursday...
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This June 12, 2017 photo shows pumpjacks operating in the western edge of California's Central Valley northwest of Bakersfield. The federal government wants to reopen over 1.7 million acres (690,000 hectacres) in California to oil and gas drilling that includes fracking on land that has been off-limits since environmentalists sued in 2013. The Bureau of Land Management issued final plans Thursday, May 9, 2019 for oil and gas leases on 800,000 acres (324,000 hectacres) of federal land mainly between the Central Coast and Central Valley. (AP Photo/Brian Melley)
May 09, 2019 - 7:42 pm
LOS ANGELES (AP) — The U.S. government moved Thursday toward allowing new oil and gas drilling on wide swaths of federal land in California that has been off-limits since environmentalists sued in 2013. The Bureau of Land Management issued final plans for oil and gas leases on about 800,000 acres (...
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FILE - In this April 12, 2019, file photo the logo for Anadarko Petroleum Corp. appears above a trading post on the floor of the New York Stock Exchange. Warren Buffet’s Berkshire Hathaway is financing a bid by Occidental Petroleum for Anadarko, potentially upending Chevron’s $33 billion offer for the energy company. Anadarko and Chevron signed a merger agreement earlier this month, but Anadarko Petroleum said Monday, April 29, that it is now considering an offer from Occidental worth about $57 billion in cash and stock. (AP Photo/Richard Drew, File)
May 09, 2019 - 7:29 pm
DALLAS (AP) — Occidental Petroleum wrapped up a $38 billion deal to acquire Anadarko on Thursday after Chevron declined to sweeten its offer, ending a rare bidding war in the oil patch. The deal gives Occidental access to Anadarko's rich holdings in the Permian Basin of west Texas and New Mexico,...
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May 09, 2019 - 6:34 pm
BILLINGS, Mont. (AP) — U.S. demand for coal to generate electricity will keep sliding in coming months, federal officials said Thursday, despite efforts by the Trump administration to shore up the struggling industry. Renewable energy sources including wind, solar and hydropower are expected to...
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FILE - In this May 31, 2012 file photo, an Iranian worker cuts a steel roll at the Mobarakeh Steel Complex, some 280 miles (460 kilometers) south of the capital Tehran, and some 40 miles, 65 kilometers, southwest of central Iranian city of Isfahan. President Donald Trump ordered new sanctions on Iran Wednesday targeting Iran's steel, aluminum, copper and iron sectors, which provide foreign currency earnings for the nation's sagging economy. (AP Photo/Vahid Salemi, File)
May 09, 2019 - 11:55 am
TEHRAN, Iran (AP) — U.S. sanctions have targeted Iran's government, its paramilitary forces and the oil exports that fund them. Now they are hitting its vital steel, aluminum, copper and iron industries. The new sanctions, imposed as Tehran announced its partial withdrawal from its 2015 nuclear...
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In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a cabinet meeting in Tehran, Iran, Wednesday, May 8, 2019. Rouhani said Wednesday that it will begin keeping its excess uranium and heavy water from its nuclear program, setting a 60-day deadline for new terms to its nuclear deal with world powers before it will resume higher uranium enrichment. (Iranian Presidency Office via AP)
May 08, 2019 - 11:14 am
TEHRAN, Iran (AP) — Iran threatened Wednesday to enrich its uranium stockpile closer to weapons-grade levels in 60 days if world powers fail to negotiate new terms for its 2015 nuclear deal, raising regional tensions as a U.S. aircraft carrier and bombers headed to the Middle East to confront...
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