Energy industry

WWL AP Feed General
May 17, 2020 - 12:35 pm
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose a nickel over the past three weeks, to $1.97 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the slight jump comes after prices at the pump crashed for nine weeks straight during the...
Read More
Los Angeles Police Department officers work the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Mark J. Terrill)
May 17, 2020 - 12:19 pm
LOS ANGELES (AP) — Eight firefighters remained hospitalized Sunday after being injured in an explosion at a hash oil manufacturer in downtown Los Angeles that sent crews running for their lives when a ball of flames shot out of the building and scorched a fire truck across the street. A dozen...
Read More
FILE - In this April 30, 2017 file photo, released by an official website of the office of the Iranian Presidency, Iranian President Hassan Rouhani, center, inaugurates the Persian Gulf Star Refinery in Bandar Abbas, Iran. Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela as of Sunday, May 17, 2020, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. Analysts say the gasoline they carry came from the Persian Gulf Star Refinery. (Iranian Presidency Office via AP, File)
May 17, 2020 - 12:14 pm
DUBAI, United Arab Emirates (AP) — Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. The tankers'...
Read More
A worker pushed s trash can on a largely empty Bourbon Street, due to the coronavirus pandemic, in the French Quarter of New Orleans, Tuesday, May 12, 2020. Attempts to curb the spread of COVID-19 have visited a kind of triple economic whammy on the state. (AP Photo/Gerald Herbert)
May 17, 2020 - 7:58 am
NEW ORLEANS (AP) — Every Labor Day weekend, St. Mary Parish celebrates two industries at a tourist event with a seemingly improbable title: the Louisiana Shrimp and Petroleum Festival. With a shrimp in a hard hat clinging to an oil derrick as its logo, the festival may the best example of how...
Read More
Los Angeles Fire Department firefighters push ambulance cots at the scene of a structure fire that injured multiple firefighters, according to a fire department spokesman, Saturday, May 16, 2020, in Los Angeles. (AP Photo/Damian Dovarganes)
May 17, 2020 - 6:39 am
LOS ANGELES (AP) — An explosion Saturday at a hash oil manufacturer in downtown Los Angeles injured 11 firefighters who had gone inside and on the roof to try to knock down a fire and then had to run for their lives when a ball of flames shot out the building and scorched a fire truck across the...
Read More
A currency trader talks near screens at the foreign exchange dealing room in Seoul, South Korea, Friday, May 15, 2020. Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. (AP Photo/Lee Jin-man)
May 15, 2020 - 3:48 pm
Stocks capped another wobbly day of trading on Wall Street with modest gains Friday, though the S&P 500 still ended with its biggest weekly loss in nearly two months. The benchmark index rose 0.4% after falling 1.3% earlier in the day as investors weighed more grim data showing how badly the...
Read More
WWL AP Feed General
May 14, 2020 - 10:39 am
COPENHAGEN, Denmark (AP) — Norway’s wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining and fossil fuel companies after they failed to meet its environmental standards. The list also included Germany utility giant and...
Read More
FILE - This undated file photo shows the Trans-Alaska pipeline and pump station north of Fairbanks, Alaska. The future of Alaska's unique program of paying residents an annual check is in question, with oil prices low and an economy struggling during the coronavirus pandemic. (AP Photo/Al Grillo, File)
May 14, 2020 - 8:41 am
JUNEAU, Alaska (AP) — Alaska has no income or statewide sales taxes, and it cuts residents a check every year from its oil wealth. But the future of that unique payout is in question amid low oil prices and an economy battered by the coronavirus pandemic. The size of the check — expected to be...
Read More
In this satellite photo provided by Maxar Technologies, the Iranian naval support vessel Konarak, center, is tied up at the port in Konarak, Iran, on Monday, May 11, 2020. A missile fired during an Iranian military training exercise mistakenly struck the naval vessel instead of its intended target in waters near the strategic Strait of Hormuz, killing and wounding a number of sailors, Iranian authorities said Monday. (Maxar Technologies via AP)
May 14, 2020 - 5:28 am
DUBAI, United Arab Emirates (AP) — The U.S. military offered condolences Thursday to Iran over a friendly fire incident in the Islamic Republic that saw an Iranian missile kill 19 Iranian troops, identifying the weapon that detonated as an anti-ship cruise missile. Iranian authorities on Monday...
Read More
Angie Moorefield unfolds material to begin sewing a disposable gown at Burlington Medical in Newport News Wednesday, May 6, 2020. The manufacturing business recently shifted from producing radiation protection gear for medical facilities to in-demand personal protective equipment such as masks, gowns and plastic face shields. (Jonathon Gruenke/The Virginian-Pilot via AP)
May 13, 2020 - 8:31 am
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States. The Labor Department said Wednesday that its producer price index, which measures inflation before it reaches the...
Read More

Pages